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Binary Option Gym

The Binary Option Gym is an utility for you to test your Binary Options (BO) Strategies without need for investing money or signing in with a broker.

It is not a robot nor it advises you with entry or exit points. But it consents to simulate the behavior of manual investing in Binary Options.

It is a tool that may make a professional Binary Option Trader of you or .... it might show you that Binary Option is not your best field, without having wasted any money!

So relax, have fun and learn how to act with Binary Options.

Please Note: Due to the nature of this utility, it does not work in the Strategy Tester. To test it, try the free demo version Binary Option Gym Free


Binary Options

A Binary Option (BO) is a type of short-term, fix-high-return investment. You have to take only 3 decisions to invest in a Binary Option:

  • Will the price go Up or Down?
  • By when?
  • How much to invest?

That makes Binary Options very easy to understand and accessible to the new traders. But BO are also highly risky: when you lose, you lose more money than what you make if you win.

But with BO you MUST know what you are doing, or you might exhaust your account very, very quickly!

For that reason we developed this tool for you to practice, test, workout your best strategies and money management tactics. So you can become an expert and a successful Binary Options Trader without risks.


How To Use

There are 3 main user settings. You may adjust them in real time:

1) Payout percentage. Many brokers offer different percentages of return, depending on the type of asset or expiry time type you are using. This setting allows you to reproduce such behavior. Note: the Refund rate is fixed to Zero.

2) The Expiry Time type. You may choose between 3 main modes:

  • Expiring after a fix amount of time from the opening of the trade - (Exp. after sec, Exp. after min, Exp. after H from opening)
  • Expiring on the closing of the candle in the specified time frame - (Exp. clock min, Exp. clock H, ex: closing on the 4h candle)
  • Expiring on an indicated instant in the future - (Exp. @ hh:mm ex: expiring at 15:37, "hh:mm" 24h format)

At the start of BO Gym, the expiring type is set to "Exp. After Sec"; meaning that the number in the box just below, which by default is set to 60, is taken as number of seconds to count from the opening of a trade to compute the expiry time.

It is your responsibility to input the correct number on the expiry time box. In all cases, with the exception of the Exp. @ hh:mm, the number must be an integer like 1, 2, 3,...60,...180,....

3) Amount $. This is the amount you decide to invest in the next trade.


Feedback

The Binary Option Gym indicates:

  • The Pair
  • The current price (green increasing, red dropping)
  • The Server Current Time in the "hh:mm:ss" 24 h format
  • The number of trades currently open. You may open up to 29 concurrent trades.
  • The number of closed trades that you have won, lost or were a tie ( W L T ).
  • The net balance, meaning how much you are making or losing. Note that this number may become negative if you lose more money than winning.
  • The current winning rate, computed as W / ( W+L) %. Tie trades are not considered as they should not affect your net balance.

In the ToolBox, Experts Tab, all the changes in the settings, opening and closing trades are printed.

You might find there the details of all your actions and all your closed and still open trades with their expiring time.


Graphical Aids

If the expiry time is within the window, you will see a vertical red line plotted to show the current expiry time.

When you press the Buy button, a horizontal green line is plotted to mark the entry price and a rising blue arrow is plotted on the opening time and price.

If you press the Sell button, a horizontal red line is plotted and a dropping red arrow is marked on the opening time and price.

A dotted line joins the opening arrow with the relative closing mark.

Winning trades are marked with a golden star at the closing price and time.

Losing trades are marked with a gray cross at the closing price and time.

You may customize some of the colors etc… through the setting dialogue box. The dialogue box is self-explanatory. The "Print" is referring on printing in the Tool Box, Experts Tab.

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While you are trading,  Auto StopLoss Defender doing all the routine work. "Must have" for scalping. Best way to save account balance in case of force majeure.(Internet connection loss, power outage, sharp change in price direction) The Utilite automatically adds a stop loss to open and pending orders that have no stoploss set. The anti-requote system is built into the Utilite. That means  the stop loss will be registered anyway! In the settings you can set any stop loss begin from 0.0001 (If yo
50 USD
Signal Multiplier EA MT5
Signal Multiplier EA MT5
Juvenille Emperor Limited
Signal Multiplier EA MT5   is not another lot size multiplier. Apart from   multiplying the lot size of your signal subscription's trades   (or any other trades, from expert advisors, manual etc.), will also   monitor your trades ,   send you email & push notifications   for every new original and multiplied trade (if you want of course) and/or   daily notifications   at a pre-defined time with your account's basic details, such as balance, equity and margin levels, but most importantly of all w
30 USD
Smart Copy Local MT5
Smart Copy Local MT5
Kyra Nickaline Watson-gordon
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT5 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable c
70 USD
MT5 EezeOrder
MT5 EezeOrder
Tawanda Tinarwo
Open Multiple Trades on MT5 in 1 click at one price. Enter the Symbol you want to trade Enter the Lot size Specify the number of trades you want to open Choose from a dropdown list whether you want to buy, sell, sell limit, sell stop, buy limit, buy stop If they are pending orders, state the number of pips away from the current price that you want to set  the trades.  Once you are done, click Ok and see the script open your trades in an instant What to Always Note Check the minimum stop levels
30 USD
Trading Chaos Expert Lite
Trading Chaos Expert Lite
Gennadiy Stanilevych
Trading Chaos Expert Lite is a light version of Trading Chaos Expert. In the Lite version it is not possible to receive the table of trading signals, automatically place pending orders based on them and maintain open positions for multiple symbols at the same time in one window. Only the Current Chart mode is available. In all other features the panel is fully consistent with the basic version of the Expert Advisor. This is, rather, a well thought out trader's assistant which is not easy to do w
250 USD
Watchlist
Watchlist
Nico Deuscher
Indicator to create and manage your own watchlists. It allows you to load one symbol to multiple charts with just one click. There is an addon to save objects from drawings (lines, fibos etc.) and load when the symbol is changed. Functions Supports Multi-Timeframe-Usage Load one symbols to multiple charts with just one click Automatically created list with all tradeable symbols Custom watchlists can be created Symbols can be added and deleted from the created watchlists Sortfunction
30 USD
CAP Internal Copy Trade EA MT5
CAP Internal Copy Trade EA MT5
Mohammad Ali
The CAP internal copy trade EA is capable of copying your trade in the same account the same terminal. It is very useful if you have hired the website mql5.com signal to earn investment profits, the lot size on the MT4 software received from the primary signal will be limited to reduce the risk. It is because the lot size is very significant; the investment profits will, in turn, be tiny. The tool is used to increase the size of the order. This tool is set to duplicate the order from the initial
30 USD
Easy CSV History EN
Easy CSV History EN
Jose Camilo
This application exports all finished operations to a text file delimited by <TAB>, comma, semicolon or any character defined by the user, also including the comments and magic number of the operations, which can be easily exported to EXCEL or Google Spreadsheets. The files are generated in the "files" folder, individually separated by month with the name in the format: 999999-AAAA BBBB- [9-9999] where: 999999 = MT5 Trading Account Number AAAA BBBB = Trading Account User Name [9-9999] - Mo
30 USD
Real Time Binance Spot Ticks Data
Real Time Binance Spot Ticks Data
Ugur Ucak
(Crypto Currency Charts) It brings the history as much as the number of bars you specify and starts to show the instant data directly. Provides the opportunity to work in all time frames. Allows you to work with multiple symbols. This app is a background service. It downloads the history of all symbols starting with "S" on the market watch screen and shows the ticks data. Automatically transfers real-time trading data of Binance Spot to MT5. Run the script in the link
100 USD
Fibonacci Patterns Scout MT5
Fibonacci Patterns Scout MT5
WaltSoft
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table. The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once! It refreshes every second and alerts you when it finds a new pattern! Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually. Take
299 USD
Levels of Supply and Demand Niveles
Levels of Supply and Demand Niveles
Francisco Rafael Figueroa Maya
This fantastic indicator serves to mark the exact levels of supply and demand of the instrument in which it is being traded. The indicator "Levels most important" is the most important level of supply and demand (solid blue line) The "Levels less important" indicator is the least important level (yellow checked line) The 2 can be used together, or separately For the 2nd indicator: "Levels less important", you must ask me by telegram: @franfig or instagram @xicofigueroa s
200 USD
Auto Format
Auto Format
Gennadiy Stanilevych
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5. It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes th
30 USD
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Binary Option Gym MT4
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The Binary Option Gym is an utility for you to test your Binary Options (BO) Strategies without the need for investing money or signing in with a broker. It is not a robot nor it advises you with entry or exit points. But it consents to simulate the behavior of manual investing in Binary Options. It is a tool that may make a professional Binary Option Trader of you or .... it might show you that Binary Option is not your best field, without having wasted any money! So relax, have fun and learn h
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Version 2.0 2015.06.09
GUI may now be also horizontal on the top or bottom of the chart. Inserted unique identifier for each trade allows to set the expiring time in days. Inserted button for printing a list of open trades. Unified code for MT4 and free version minor bug fixed.
Version 1.10 2015.06.05
v 1.10
Implemented the user setting of having the Panel on the right side or on the left side of the screen.

Better handling of the "unusual" user inputs and program feedback in the Experts tab