OPEN-SOURCE SCRIPT

BO - Bar M15 Signal

* This script show the signal base on volatility of previous bar M15 to trade Binary Option.
* Rule of Signal is below:

A. Rule 1: Wait for prices created temporary peak and bottom

Row 18: 10 minutes till close

B. Rule 2: Reversal previous bar's direction

1. Put Signal - Row 22 - 25:
- Delay 5' after bar M15 open
- previous bar's direction is upward
- price less than previous close
- temporary bottom greater than previous open

2. Call Signal - Row 29 - 32:
- Delay 5' after bar M15 open
- previous bar's direction is downward
- price greater than previous close
- temporary peak less than previous open

C. Rule 3: Follow previous bar's direction

1. Put Signal - Row 37 - 40:
- Delay 5' after bar M15 open
- previous bar's direction is downward
- price greater than previous open
- temporary peak less than previous peak

2. Call Signal - Row 43 - 46:
- Delay 5' after bar M15 open
- previous bar's direction is upward
- price less than previous open
- temporary bottom greater than previous bottom
binaryoptionbinary-options-signalsTrend AnalysisVolatility

Script open-source

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