Jump to content


Next High Impact Market News Event:
Retrieving events...


Toggle shoutbox The Traders Chat Open the Shoutbox in a popup

@  Shahram : (22 September 2019 - 10:20 AM) Does anyone has experience with dukastcopy?
@  Shahram : (22 September 2019 - 10:18 AM) dukascopy
@  gabrielscama... : (21 September 2019 - 12:25 PM) mt5
@  Tripack : (21 September 2019 - 12:12 PM) Heh
@  Cookiebrawler : (17 September 2019 - 04:27 PM) MegaMoney 90%
@  aasir : (16 September 2019 - 10:25 PM) Binary Triumph
@  traderpusa : (10 September 2019 - 01:35 AM) that was my bmw lol. E60.
@  Monoaldo : (10 September 2019 - 01:34 AM) E60
@  manfloy : (09 September 2019 - 11:12 AM) well said.
@  traderpusa : (09 September 2019 - 11:07 AM) at least for the moment, china will hold back because of economic conditions. My guess is they want to involve PLA but simply are not in a position to do so for the moment.
@  traderpusa : (09 September 2019 - 11:05 AM) well, regardless of any agreement between uk and europe, there is still nato is trump doesn't blow it up lol
@  manfloy : (09 September 2019 - 11:04 AM) I am really worried about HK if the PLA phase in this can interrupt the entire chain between FX liquidity and current import / export countries. I understand that we have a bunch of corporations exposed to China, now believe that 99 percent of them are stable in HK because they have a high law. If the PLA gets in, they'll substitute this economic centre with a singapore.
@  manfloy : (09 September 2019 - 11:04 AM) Yeah, they're really a very significant player. I am informed that there is also a lot more than economic, for instance there are a number of military agreements agreed between the GB and the EU, which is serious.
@  traderpusa : (09 September 2019 - 11:02 AM) the UK being part of the EU GDP figures, but not part of the Euro only makes things a bit complicated on how to interpret numbers for trading purposes.
@  traderpusa : (09 September 2019 - 11:00 AM) of course one needs to focus on US being the biggest economy but UK is still up there. https://gyazo.com/42...39df1c7c58d9221
@  manfloy : (09 September 2019 - 10:56 AM) I'm focused on the US, so I don't spend so much on the GB, I'm supposed to study it well since 2015, but something has altered worldwide, literally, it's an enormous step in the world's liquidity and global system, modifications are nice, but they're really colorful.
@  manfloy : (09 September 2019 - 10:56 AM) thanks good reading
@  traderpusa : (09 September 2019 - 10:53 AM) As to China, read this over the weekend : https://apnews.com/6...f75f013bf54e6a9
@  manfloy : (09 September 2019 - 10:51 AM) Spectacular indeed lol, this is huge to be honest
@  traderpusa : (09 September 2019 - 10:47 AM) it's gonna be interesting. MP's are leaving the sinking ship and now also Bercow has resigned. Gonna miss this guy lol

Photo

3-4 Binary Pattern Strategy

Binary Pattern Strategy Profitable Unbeatable

  • Please log in to reply
51 replies to this topic

#1 adj009

adj009

    Member

  • Members
  • PipPip
  • 131 posts

Posted 26 April 2015 - 01:01 PM

*
POPULAR

Hello fellow binary traders, I have very promising strategy to present you.  This is really profitable strategy and involves no indicators and no analysis of whatsoever.

 

I was just observing EURUSD 1H chart and came to realize this very high winning rate pattern of candlesticks.

This has over 80% winning rate. Please check out the attachment and write you thoughts.

 

 

Attached File  3-4 Binary Pattern Strategy.docx   156.65KB   3726 downloads


  • Optiontrader, Alfred, deal755 and 9 others like this

Observe.Set.Trade.


#2 jordyshorty

jordyshorty

    Member

  • Members
  • PipPip
  • 164 posts

Posted 26 April 2015 - 04:40 PM

looks very good, maybe there is someone who can make this into an arrow indicator? much easier.. but i dont know if that is possible, but for sure it looks very good :)



#3 Auntiana707

Auntiana707

    Newbie

  • Members
  • Pip
  • 2 posts

Posted 26 April 2015 - 04:50 PM

I'm on iPad and iPhone ... I can't download this document.. Is there anyone who can email this to me please? [email protected] thank yon so much!

#4 Auntiana707

Auntiana707

    Newbie

  • Members
  • Pip
  • 2 posts

Posted 26 April 2015 - 04:57 PM

Never mind I got it open. Great strategy! Thanks !! Hoping I can use this with shorter expiry times but I will watch charts to see. Thanks!

#5 xinitial

xinitial

    Member

  • Members
  • PipPip
  • 11 posts

Posted 27 April 2015 - 02:22 AM

Good strategy! I am looking forward for the improvement for this strategy on other pairs and shorter timeframe.



#6 adj009

adj009

    Member

  • Members
  • PipPip
  • 131 posts

Posted 26 April 2015 - 11:27 PM

looks very good, maybe there is someone who can make this into an arrow indicator? much easier.. but i dont know if that is possible, but for sure it looks very good :)

 yeah i have been thinking the same..may be any developer use this strategy to develop an indicator...that would save us a lot of work...

 

Observe.Set.Trade.


#7 SunPluto

SunPluto

    Newbie

  • Members
  • Pip
  • 6 posts

Posted 27 April 2015 - 01:30 AM

I wrote an MT4 EA for this strategy.  It is not exactly an indicator, but it does highlight the pattern.  I used it to back test the pattern with the SPREAD SET TO "1".  When the pattern is found, it opens a position on bar "4 open" and closes it on bar "5 open" (which in most cases is the close of bar 4).  Play around with it back testing other time frames.

 

 

Attached Files


  • Alfred and cruveck like this

#8 adj009

adj009

    Member

  • Members
  • PipPip
  • 131 posts

Posted 27 April 2015 - 01:41 AM

I wrote an MT4 EA for this strategy.  It is not exactly an indicator, but it does highlight the pattern.  I used it to back test the pattern with the SPREAD SET TO "1".  When the pattern is found, it opens a position on bar "4 open" and closes it on bar "5 open" (which in most cases is the close of bar 4).  Play around with it back testing other time frames.

thanks man...will test it....others pls work on this pattern to help all...


Observe.Set.Trade.


#9 adj009

adj009

    Member

  • Members
  • PipPip
  • 131 posts

Posted 27 April 2015 - 04:23 AM

UPDATE:-

 

This strategy works on time frame 15M..but I still think 1H is best....but you can demo it on 15M chart on multiple pairs....just get familiar with the pattern more & more to increase your profit.


Observe.Set.Trade.


#10 mohammadov

mohammadov

    Member

  • Members
  • PipPip
  • 27 posts

Posted 27 April 2015 - 05:06 AM

Thanks, will give it a try :)



#11 blackfoil

blackfoil

    Member

  • Members
  • PipPip
  • 402 posts

Posted 27 April 2015 - 05:18 AM

thanks man...will test it....others pls work on this pattern to help all...

looks like its similar to Engulfing patterns near a support or a resistance strategy , thanks for sharing bro :)



#12 jestlluka

jestlluka

    Member

  • Members
  • PipPip
  • 42 posts

Posted 27 April 2015 - 09:29 AM

Hello,
 
i tested your strategy only sell on 1h and 15min chart and get next results:
 
EURUSD,M15: Wins: 1017, Ties: 31, Losses: 961, Total: 2009, Percentage: 50.6222001
EURUSD,H1: Wins: 1011, Ties: 42, Losses: 935, Total: 1988, Percentage: 50.85513078
 
     
My code for strategy :
 
     double stCandleSell3 = Open[i+3] - Close[i+3];
     double stSmallBuycandle2 = Close[i+2] - Open[i+2];
     double stSmallBuycandle1 = Close[i+1] - Open[i+1]; 
     
     if(
     stCandleSell3 > 0
     && stSmallBuycandle2 > 0
     && stSmallBuycandle1 > 0
     && Close[i+2] < Open[i+3]
     && Close[i+1] < Open[i+3]     
     )
 
Any idea what else can we add to get better percentage.
 
Sorry for my bad english.
 
Best & Happy Trading 
Luka

  • traderocks likes this

#13 adj009

adj009

    Member

  • Members
  • PipPip
  • 131 posts

Posted 27 April 2015 - 05:31 PM

 

Hello,
 
i tested your strategy only sell on 1h and 15min chart and get next results:
 
EURUSD,M15: Wins: 1017, Ties: 31, Losses: 961, Total: 2009, Percentage: 50.6222001
EURUSD,H1: Wins: 1011, Ties: 42, Losses: 935, Total: 1988, Percentage: 50.85513078
 
     
My code for strategy :
 
     double stCandleSell3 = Open[i+3] - Close[i+3];
     double stSmallBuycandle2 = Close[i+2] - Open[i+2];
     double stSmallBuycandle1 = Close[i+1] - Open[i+1]; 
     
     if(
     stCandleSell3 > 0
     && stSmallBuycandle2 > 0
     && stSmallBuycandle1 > 0
     && Close[i+2] < Open[i+3]
     && Close[i+1] < Open[i+3]     
     )
 
Any idea what else can we add to get better percentage.
 
Sorry for my bad english.
 
Best & Happy Trading 
Luka

 

i dont have technical knowledge of MQ4 language...but by above results.that looks very bad than manual pattern finding...but i will surely make some improvements in original strategy ..thank you


  • myola777 and Deketch like this

Observe.Set.Trade.


#14 Tripack

Tripack

    Trader

  • Moderators
  • 2,503 posts

Posted 27 April 2015 - 12:54 PM

It's a good pattern, works on other timeframes too, however requires confirmation (full pattern).
Check this out: http://fxwords.com/c...-patterns-.html
  • Optiontrader, binoptwol and whiteboy90 like this

#15 whiteboy90

whiteboy90

    Newbie

  • Members
  • Pip
  • 6 posts

Posted 27 April 2015 - 07:24 PM

Hi

 

I saw this strategy and backtested in on EUR/USD, 8 - 16 h GMT, TF 15m in last month and result is very good 70 percent.

 

Thank you very much for this observation, i think it probably works better for higher TFs but in lower we get much more signals.

I will stil test it demo then live if results were good.

 

Thanks again and i hope i will put some positive results here. :)



#16 whiteboy90

whiteboy90

    Newbie

  • Members
  • Pip
  • 6 posts

Posted 27 April 2015 - 07:32 PM

 

Hello,
 
i tested your strategy only sell on 1h and 15min chart and get next results:
 
EURUSD,M15: Wins: 1017, Ties: 31, Losses: 961, Total: 2009, Percentage: 50.6222001
EURUSD,H1: Wins: 1011, Ties: 42, Losses: 935, Total: 1988, Percentage: 50.85513078
 
     
My code for strategy :
 
     double stCandleSell3 = Open[i+3] - Close[i+3];
     double stSmallBuycandle2 = Close[i+2] - Open[i+2];
     double stSmallBuycandle1 = Close[i+1] - Open[i+1]; 
     
     if(
     stCandleSell3 > 0
     && stSmallBuycandle2 > 0
     && stSmallBuycandle1 > 0
     && Close[i+2] < Open[i+3]
     && Close[i+1] < Open[i+3]     
     )
 
Any idea what else can we add to get better percentage.
 
Sorry for my bad english.
 
Best & Happy Trading 
Luka

 

i really dont understand coding but i manually tested on TF 15, TF 30 and H1 and results are around 70-75 percent. Did you checked results manually?

I hope someone can make indicator with alarm and arrows for this because this is the most valuable strategy i have found so far and it doesnt need any template or analyze and it works on all of time frames. I appreciate your effort and hope you can get us indi :D



#17 adj009

adj009

    Member

  • Members
  • PipPip
  • 131 posts

Posted 28 April 2015 - 03:07 AM

good news guys...made an indicator for this...working on alert box to pop up....we will update soon as possible...


Observe.Set.Trade.


#18 jestlluka

jestlluka

    Member

  • Members
  • PipPip
  • 42 posts

Posted 28 April 2015 - 03:29 AM

Hello,

 

I created mt4 indicator for same logic what ajd whrite in docs file:

 

Buy Logic :

- 1st candle bullish  | 2nd and 3rd candle bearish inside first candle > BUY/CALL

Sell Logic :

- 1st candle bearish | 2nd and 3rd candle bullish inside first candle > SELL/PUT

 

Download indicator and tell me if anything need to be fixed.
 

or
 

 

Best

Luka


  • Alfred likes this

#19 dim13

dim13

    Member

  • Members
  • PipPip
  • 12 posts

Posted 28 April 2015 - 10:53 AM

Hello,

 

I created mt4 indicator for same logic what ajd whrite in docs file:

 

Buy Logic :

- 1st candle bullish  | 2nd and 3rd candle bearish inside first candle > BUY/CALL

Sell Logic :

- 1st candle bearish | 2nd and 3rd candle bullish inside first candle > SELL/PUT

 

Download indicator and tell me if anything need to be fixed.
 

or
 

 

Best

Luka

 

Luka,

 

Thank you for posting your indicator - very nice !!  :)

 

Any chance you can post a link to your .mq4 file ?



#20 SunPluto

SunPluto

    Newbie

  • Members
  • Pip
  • 6 posts

Posted 28 April 2015 - 07:34 PM

ADJ009,
I made an additional observation to your 3-4 Binary Pattern.  
For example:
   Candle 1 is bullish.
   Candle 2 stays inside and is bearish a certain percentage of candle 1.
   Candle 3 stays inside and is bearish more so than candle 2 even approaching within 15% of candle 1 opening.
      (or has gone bearish 85% of candle 1)
   There is a stronger tendency to go bullish like candle 1.  Which is what we want!
   Call it a "rubber band effect".

Like wise is true on bearish candle 1's.

I wrote another EA to test this observation and got the following results:
Test period 2/1/2015  to  4/27/2015 (almost 3 months)

TF    % from end of candle 1    % ITM    Total Trades
15          within 12%                     77%          22
30          within 19%                     70%          20
1H          within 14%                    100%          6

As you would expect, the number of occurrences goes down, but the ITM wins improves.
Keep in mind back testing has several inherent errors and only serves to identify trends and tendencies.

What we can learn from this is: As you see this pattern forming, watch candle 3 time out.  The closer it
approaches candle 1's beginning, the odds are better that candle 4 will be like candle 1.

 


  • holyfire and desperado like this





Also tagged with one or more of these keywords: Binary, Pattern, Strategy, Profitable, Unbeatable

0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users


USA REGULATION NOTICE: There are many binary options companies which are not regulated within the United States. Most of these offshore companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA).

It is our STRONG opinion that you do not operate with any unregulated brokerage firm as they may steal or try to scam you out of every dime you have. Please take notice that any unregulated trading activity by U.S. Citizens should be considered unlawful.

Risk Disclosure: Binary Options Edge does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading binary options are high and may not be suitable for all investors. Binary Options Edge doesn't retain responsibility for any trading losses you might face as a result of using the data hosted on this site. The data and quotes contained in this website are not provided by exchanges but rather by market makers. So prices may be different from exchange prices and may not be accurate to real time trading prices. They are supplied as a guide to trading rather than for trading purposes.