Bet As Previous Binary Options Strategy is a simple strategy.
We will open a trade in the direction of the previous candlestick.
For example, we want to trade 15 minute expiry binary options.
If the candlestick closed bullish, we immediately buy a call option with expiry 15 minutes.
If the candlestick closed bearish, we immediately buy a put option with expiry 15 minutes.
In this post I have posted the R script that forward tests this Best A Previous Binary Options Trading Strategy.
R script makes 500 trades and calculates the average winrate.
It also calculates an important statistic known as kappa.
Kappa is a measure of how much the winrate is due to randomness.