In Binary options, strategy testing is a bit different. The script is just a try to test Binary options strategies. Assumption:
We are opening position at next candle after signal come
We are taking the position at opening price
Our call will be profitable if we get a green candle and put will be profitable if we get a red candle
We can open only one trade at a time. So if we are in trade, subsequent signals will be ignored.
The script is not counting your profit or loss, it just counting the winning and losing trades.
Input Options:
Choose long only or short only test. Default is both.
You can continue your trade with Martingale Level, up to 5. Default is 1 (no Martingale)
You can choose Martingale trade type SAME: if call subsequent trade will be call only and vice versa OPPOSITE: if call subsequent trade will be put FOLLOW CANDLE COLOR: Subsequent trade will follow previous candle color OPPOSITE CANDLE COLOR: Subsequent trade will opposite of previous candle color
You can choose trading session to test. Default is false.
The strategy is taken from Vdub Binary Options SniperVX v1 (by @vdubus). I have deleted extra parts and kept only the necessary part. Without Martingale Result Table With Martingale
I am very new to Pine script, so waiting for your comments and review.