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 de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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