My Binary EA
This is an Expert Advisor for Binary Options. For this EA, you can select following option:
- Trade the indicator: Trades opened automatically according to an indicator that you can choose yourself. (The indicator should be in the folder "Indicators" or "Indicators\\Market" to be present.)
- manually Trade: You open a CALL or PUT Trade (using the "CALL" or "PUT"). The EA will automatically open the trade at the broker, and possibly also the following trades with the right amount of Martingale.
- MEGA BREAKOUT indicator
- BinarySHREK indicator
- EASYBINARY indicator
- TRADE THE HOUR indicator
- CopyTrades: Scan MT4 Forex Trades (if a trade is open at forex, the EA will open a Binary Option Trade too)
- CopyTrades: Scan Arrows in the Chart (if the EA find a arrow of a indicator in the chart, he open a CALL or PUT trade)
- CopyTrades: Read signals from "CopyTradesForBinaryOption_Sender_EA"
The Expert Advisor runs on all timeframes (up to 4 Hours) and with many different expiration times!
You can trade max 10 currency pairs with one EA! Simply enter in the settings and the EA will trade these currency pairs simultaneously.
A detailed description can be found under "comments". Here you find a link to our current description.
Trading with our indicators
If you want to trade with our indicators, you have to buy this in the marketplace. Only then this EA can trade with the indicator.
Or you buy the full version "My Binary Option EA Full Version". Here are all indicators included. No additional purchase necessary!
You can choose between the indicators
For further information, please click on the indicator link above. You will see how the indicator work.
In order that the Forex News will be displayed, add the following URL:
- Click Tools > Options > Expert Advisors
- Check the option "Allow WebRequests for listed URL"
- Add the following URL to the list: http://www.forexfactory.com/ (for Forex News)
You can test the EA in the strategy tester. But signals are only displayed at the place where trades would be opened. This is due to the special design of the trades for Binary Options.
The results are displayed in the chart. The EA simulates the trades and shows the profit / loss.
Please Allow WebRequests for the URL:
Add the URL http://www.tcoop.de (for forex news)
- In the Strategy Tester past Forex News are displayed and trades can be block. (For this, our tool "News Archive" is necessary.)
- Update at current Forex News reading. Bug at times calculation during the change of a day.
- Michaels Binary TRENDY
- Michaels Binary TURBO
The New settings of the "BinarySHREK" indicator are supported.
The EA scan the chart for an arrow from a indicator or EA. Like a CALL (Arrow code 233) oder PUT (Arrow code 234). If the "My Binary EA" found this code he will open a binary option trade.
- Copy Forex to Binary
The EA scan the currently open forex trades and open directly a binary option trade with the settings of the "My Binary EA".
- Copy trades from "Sender EA" (from another MT4 account)
Copy trades from the "Sender EA". The Sender EA can run on another MT4 account. The "My Binary EA" can read the open trades on the other account via the "Sender EA" and open a binary option trade with the options that were specified in the settings.
- support our indicator "MEGA BREAKOUT", "BinarySHREK", "EASYBINARY", "TradeTheHour"
The EA can read automatically our indicators. The indicators must be installed in the folder "...\MQL4\indicators" or "...\MQL4\Indicators\Market".
- Single/double martingale and compounding
- Martingale risk management
- Own martingale amounts
Max Martingale Level: max martingale level or "NO Martingale".
- Single Martingale (1,2,4,8,16,32,….)
- Double Martingale (1,2,2,4,4,8,8,16,16,32,32,….)
- Compounding (1,2,3,4,5,6,…..)
Single - 1,2,4,8,16, etc. If "LOST", it's value is the next level, if "WIN", the level is 0.
Double - 1,2,2,4,4, etc. If "LOST", it's value is the next level, in case of 2 "WIN", the level is 0.
Compounding - 1,2,3,4, etc. If "WIN", it's value is the next level, if "LOST", the level is 0.
Martingale Risk management:
- NO: Martingale system for each pair
- YES: if all pairs together are in profit, all martingale levels are set to zero
Martingale Amounts Mode
- Calculating with the factor (default = 2.43)
- Use the inputs from the new field „Martingale Amounts“
Martingale Amounts: own amounts like 10,20,40,50, etc.(seperated by a comma).