Custom Binary Option System

BO EA Settings:

·        The BO strategy will contain multiple trading rules so kindly bear in mind

User will have ability to choose all or any combination of the strategies

·         Trading Mode: The EA contains 2 trading mode one is normal mode and the other is strict mode. The normal mode allows for entry according to the rules stipulated and the strict mode ensures entry occurs on a bullish or bearish candle depending on trade bias

Sell Bias = Bullish candle

Buy Bias = Bearish candle

·        Table Settings:

o   Apply Table To Strategy: Ability to determine which of the table to apply to trading strategy

o   Apply Table Bias To Strategy: Ability to apply/not apply the currency bias to strategy. If it’s not active, the strategy is applied irrespective of trade bias

o   Displayed Table: Ability to determine which table to view by default

·        Max Permitted Entry Per Direction:

o   Rebound Strategy = “X” (Default = 1)

o   Tremor Strategy = “X” (Default = 1)

·        Expiration Time:

o   Rebound Strategy = “X” (Default = 5 Min)

o   Tremor Strategy = “X” (Default = 10 Min)

·        Re-Entry Time:

These are opportunities that arises after an entry when entry is obtainable at a better price

o   Rebound Strategy = “X%” of expiration time (Default = 50%) e.g. a chosen timeframe of 5 min is chosen as expiry after 2min 30secs (marking 50% of the 5 min), re-entry is no longer allowed

o   Tremor Strategy = “X%” of expiration time (Default = 50%)

·         Valid Trading Period(On/Off):

The EA comes with a timing mechanism which allows signals to issue only within a time range. The time should be measured in GMT e.g. Trading should be allowed only between (Time Range = 07:00 – 16:00 GMT)