Binario forex Expert Advisor - automated trading system
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Binario Forex expert advisor is based on the exponential moving averages of the same period but for the different price ranges (high and low). But this expert advisor doesn't use any buy or sell signal, it simply opens buy and sell position in rotation and modifies their parameters according to the calculated moving averages. It uses a stop-loss and real-time order monitoring to close the positions. Position in the opposite direction is opened right after one is closed.
My automatic testing of Binario MetaTrader expert advisor gave some interesting results using GBP/USD pair on a daily chart using 0.1 standard lots - about $50,000 profit on $10,000 account in one year, with a maximum drawdown below $3,000. I've also checked it on a three years period and its performance showed the same stability. But there is a serious problem with this expert advisor - it made only 4 trades during the year. So there is no real reason to use it as the automatic EA - just use its strategy for manual trading and you'll have nice long-term profit.
This EA is ECN-compatible. You must set ECN_Mode input parameter to true in order to enable ECN-compatibility for this expert advisor. Otherwise, you will most likely be seeing OrderSend Error 130 messages when EA will be trying to open positions. This is because, if you are trading with an ECN broker (with market execution for orders), you cannot set SL/TP on position opening. You have to open a position first without SL/TP and only then modify it, adding stop-loss and/or take-profit level.
MiniFAQ
What are the stop-loss and take-profit used by this EA?
It uses the variable stop-loss and take-profit values, but the average winning position yielded 1750 pips and the average losing — 250 pips.
How often does it trade?
On daily GBP/USD chart (the optimum settings) this EA will trade very rarely — 4 times a year on average.
Recommendations:
- The EA uses a temporary stop loss and take profit, but the average profitable position is about 1750 pips and the average unprofitable one is 250 pips.
- This EA will open the average of 4 trades per year on the daily chart of GBP/USD (the optimum combination).
- This EA is compatible with ECN. The ECN_Mode input parameter must be set to true to enable the ECN compatibility mode for this EA. Otherwise, the OrderSend Error 130 error message is likely to occur when the EA tries to open positions. This will happen because if you trade through an ECN-broker (with market execution of orders), you can not set a stop-loss or take profit during the position opening. You should open a position without these levels first and then change the position by adding a stop-loss and take-profit.
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Binario forex Expert Advisor - automated trading system
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Market Sales Price: $89,but we sell lot more lower than that to share the opportunity with you!
Our Policies
A. Product Quality
- We ensure that the quality of the course is good, and we update them regularly to help you keep update.
- If there is a problem you can not use, please let us know so we can fix it soon or if there is any notification, we will inform you immediately.
B. Shipping Method
- After receiving your payment, we will send you a link to access and download the course. If our team is not in the office, please wait for us about 8 hours to come back.
C. Refund Policy
We do not accept refund after you got the link and download the course.
We will refund your money in case of:
- Item is not as described
- Item doesn’t work the way it should
- Item support extension can’t used
Serving Professional Traders Since 2008
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