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Binario Expert Advisor
Binario Forex expert advisor is based on the exponentional
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 parametrs 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 automatical testing of Binario MetaTrader expert advisor
gave some intersting 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.
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.
Downloads
Download Binario expert advisor
Download zipped Binario expert advisor
Discussion
Warning! Before you ask any basic questions regarding installation of
the expert advisors, please, read this
MT4 Expert Advisors Tutorial
to get the elementary knowledge on handling them.
Do you have your own trading results or any other remarks regarding this
expert advisor? Discuss Binario with other traders and MQL programmers on the experts forums.
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