This page provides options for setting your account information:
Account currency - set your account currency.
Initial account - set the initial account to be equal to your account at your broker.
Payout - set the payout you have at your broker. BO Tester supports values from 60% to 95%.
The Payout determines how much you gain when you have a winning trade. In the Binary Options language, we call an option that expires in favour of the trader - “In the money”. In such a case, you gain percent of the Investment. Let's say the investment is $10 and the Payout is 80%. Your profit will be 10 * 80 / 100 = $8.
Settlement at the money - this filed sets how to calculate the return of investment when the market at the expiration point is exactly equal to the opening price. We call that condition “At the money”. You have to ask your broker how it proceeds when an option expires “at the money” and to set BO Tester accordingly.
There are three possible options:
The different brokers use different formats for setting up the Binary Options deals via an Expert Advisor.
The most important parameters are the format of the Investment and the Option's Expiry.
Investment type - determines the format of the investment amount in the expert. There are two options:
The Binary Options brokers use a custom comment to the positions for setting the Expiry period. Each broker has its own format.
If you use Expiry = 15 minutes and “BO exp:SEC” custom comment format, the app will set “BO exp:900” in the expert