Simple Binary Option EA with provided indicator

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HGI Binary option

 

 

Indicator

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HGI

BollingerBand 14,0,2, close

Moving average

 

 

Background

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The indicator was found in stevehopwood and has date of expiry set to January 2018 and it is constantly being updated by the creator and before January the expert will be updated to last another 4-6months

 

It does not repaint in history or live bars as long as the chart is not refreshed and it is recommended that less than 540 bars on chart and in history for optimal performance

 

The default trade time frame = 5mins

Default trend time frame= 4hrs

The large trend arrows (green and crimson) are what I will be using for the EA. All other alerts will be disregarded.

 

 


Buy logic

 

 A large green arrow facing up shows, then wait for price to close below the lower bollinger band then open buy/call for 5min(1bar),10mins(2bars), 15mins(3bars) expiry.

 


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