Bet As Previous Binary Options Trading Strategy Forward Testing

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.