You can create a Binary Options strategy with BO Tester by following a few easy steps:
You set a virtual account in BO Tester in the same way you set a demo account at a broker. To do it, go to the Settings tab and select your account currency, initial account amount, and the payout.
BO Tester is a backtester. It calculates a Binary Options strategy against historical market data. Hence, the second thing you have to do is to load data. You can do so from the Editor page. Select the trading server, the symbol and the period. When you change a parameter, BO Tester will load the data automatically.
You can see more about the loaded data in the Editor’s “Market Info” panel and also in the “Report” tab.
BO Tester allows you to automatically create trading strategies by using the Generator.
Depending on your starting settings the Generator will find a number of strategies and will show you the best one. By default, the Generator will work for 3 minutes but you can stop it at any time. You can see more information about the current best EA in the Balance Chart and the Backtest results.
When your EA is ready, you can send it to the Editor by pressing the green Edit button.
Please find more info about the application in the other help pages.