OPEN-SOURCE SCRIPT
Binary Options Strategy Template

With the hype around Binary Options trading (more like gambling instead of trading) it is good to be able to backtest a strategy before using it in the live markets.
In a Binary Options trade the trade get's closed after a specific amount of time and the only thing that matters is if the market has increased in price or decreased after that amount of time.
Because of this a strategy backtest should close all positions after a specific amount of time. In this super small script the number of bars since the trade was opened is used as a way to close the position. So for example if you use this strategy on the 1 minute charts with number of bars set to 5 it will close the position 5 minutes after opening it. Purpose of this script is using it as a strategy on already existing scripts to check viability for options trading.
With the limited pine knowledge that I have I do not know if it is possible to create a more realistic binary options strategy which also calculated the profit. If someone knows a more advanced version of this please let me know.
In a Binary Options trade the trade get's closed after a specific amount of time and the only thing that matters is if the market has increased in price or decreased after that amount of time.
Because of this a strategy backtest should close all positions after a specific amount of time. In this super small script the number of bars since the trade was opened is used as a way to close the position. So for example if you use this strategy on the 1 minute charts with number of bars set to 5 it will close the position 5 minutes after opening it. Purpose of this script is using it as a strategy on already existing scripts to check viability for options trading.
With the limited pine knowledge that I have I do not know if it is possible to create a more realistic binary options strategy which also calculated the profit. If someone knows a more advanced version of this please let me know.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
✅ Let me help you become profitable long-term.
Patreon -> patreon.com/ChartMuse
Patreon -> patreon.com/ChartMuse
✅ Work with me:
Form -> forms.gle/caAJxCNTP4CqjFy4A
Form -> forms.gle/caAJxCNTP4CqjFy4A
Patreon -> patreon.com/ChartMuse
Patreon -> patreon.com/ChartMuse
✅ Work with me:
Form -> forms.gle/caAJxCNTP4CqjFy4A
Form -> forms.gle/caAJxCNTP4CqjFy4A
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
✅ Let me help you become profitable long-term.
Patreon -> patreon.com/ChartMuse
Patreon -> patreon.com/ChartMuse
✅ Work with me:
Form -> forms.gle/caAJxCNTP4CqjFy4A
Form -> forms.gle/caAJxCNTP4CqjFy4A
Patreon -> patreon.com/ChartMuse
Patreon -> patreon.com/ChartMuse
✅ Work with me:
Form -> forms.gle/caAJxCNTP4CqjFy4A
Form -> forms.gle/caAJxCNTP4CqjFy4A
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.