Moreover, they also have the opportunity to download more indicators if they wish to. You can buy those additional indicators which are not available for free. With MT 4 and MT 5 platforms, a trader can also enter social or copy trading. They can use that feature to mimic the trading moves of other successful traders. They can copy their trades and eliminate the risk arising from immature moves. It is a feature that will let them gain an advantage over other traders who need to spend hours researching and conducting the analysis to execute the trades.

Even if they cannot offer both of them together, at least we can commonly see the availability of one. However, Expert Option does not offer the use of Meta Trader platforms. You can simply confirm this by visiting the site and contacting the Expert Option support. The process is simple, and the easiest way is to contact through the online live chat. You can simply press the chat icon on the home page and begin the chat right away.

The main reason for this is that Expert Option offers services through its advanced platform encased with the best features. Moreover, its platform is available for all devices and operating systems. The Expert Option platform offers services that are perhaps unmatchable to any other. You can conveniently deposit and withdraw funds by choosing from different methods. You can open an Expert Option demo account with easy steps to see and experience its features and practice your trading skills.

However, that will also depend on your skills and trading moves. So we can say that Expert Option and MT4 serve separately. You can use this platform alone to fulfill your trades. So you can trade with this platform for just 10 dollars, even if you cannot use famous software like MT4 or MT5. MetaTrader 4 and MetaTrader 5 are among the popular forex trading platforms. They have recently entered into another asset trading because of their utility. That is why many brokers offer them through their interfaces.

But Expert Option is a broker that does not offer this feature. So you will have to trade on your skills with it. However, this broker has its platform offering advanced trading benefits. Show all posts. Write a comment abort. Save my name, email, and website in this browser for the next time I comment. Is Expert Option a gamble or not? The best indicators for Expert Option trading. Expert Option login: How to sign up for your account and start.

Is Expert Option legal in the USA? Review for US traders. The best 5 Expert Option alternatives in comparison for traders. We need your consent before you can continue on our website. com is not responsible for the content of external internet sites that link to this site or which are linked from it.

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Here you will find an overview of all cookies used. You can give your consent to whole categories or display further information and select certain cookies. Accept all Save. Essential cookies enable basic functions and are necessary for the proper function of the website. Test results from the terminal are calculated incorrectly, and have nothing to do with the real results! In this Expert Advisor settings significantly affect the trading results, use the recommended preset-files see archive at the end of this article.

Advisor strategy is very simple. Exponential moving average with a period of KCPeriod is built, and then around the top and bottom, two more lines at a distance equal to the ATR indicator readings with a period KAtrPeriod multiplied by KCDev are constructed.

If the price is currently above for sales or below for buys , respectively the upper or lower boundary of the channel, and one of the oscillators at overbought or oversold zone, buy Call or Put option with an expiration time equal to the Expiration parameter in the settings of the robot. We use as the oscillators CCI with the period of CCIPeriod and the level CCIEnterLevel or WPR with the period of WPRPeriod and the level WPREnterLevel.

Advisor also uses a filter. It serves to disable live trading with too high MaxVol or too low MinVol volatility that is calculated by the ATR indicator with a period of ATRPer. It is also possible to disallow live trading in any day of the week, or even set up three breaks in the trade when adviser will not be allowed to trade during the day. Backtests are made on each pair individually, as Metatrader 4 platform does not allow for multicurrency tests.

Moreover, the MT4 does not allow at all to get the test results of binary options advisors. Therefore, I created a special set of features to test various pairs. What do you need to do to conduct a test of this advisor?

On top, you should see the number of quotes loaded 4. Repeat the same for all periods and all currency pairs. Install the terminal, login to your account you should have an opened one by this time, can be a demo.

Then a window to type in the account number and password will appear, enter a wrong password. Connection to the server will be broken, but the server data will remain in the memory of the terminal.

Next, select the desired file and load it into the terminal. Once you have transferred all the quotations in the Grand Capital terminal, you can start testing. PrintTestInfo — prints the test information to the log. This is the percentage of winning trades, the actual profit of the account, the value of the deposit and the drawdown on the account.

Only the absolute drawdown is displayed, ie, how much the account lost with respect to the initial capital. This option is needed to optimize the adviser on Custom option. WriteTestInfo — when this option is enabled at the end of the test in tester files terminal folder you can find a CSV file with the name of the currency pair and the word Test.

Open it in Excel, you will see one bar showing the account balance change from transaction to transaction. The first thing we need to do is to replace all dots in the column with commas. The column thus should be highlighted by a different color. Then click OK in the dialog box and get something like this:. In my case, it is a deposit growth chart when trading 1 permanent option contract during all the last year on AUDCAD pair — similar test with a fixed lot on forex.

This allows you to evaluate the test results without regard to money management. That test I did since the year to assess the overall performance and stability of the system. The second series of tests are done from to assess the effectiveness of the EA on the latest historical data. Conclusion : My first OptionsTrader advisor to work on binary options shows very stable profit growth without a significant drawdown for almost all traded instruments.

Advisor on a long-term profit growth shows a small drawdown. However, we must be prepared for the fact that sometimes advisor can not make a profit, or even be in the red.

Due to a large number of instruments available for trading advisor it is recommended to be put on one account for all available trade sets. This will reduce the overall risk and flatten the yield curve. Pay attention that binary options robot monitoring are specific, it is necessary to look not at the growth gain curve as usual for forex robots monitoring , but at the balance or profit curve.

PrintTestInfo — when enabling, gives some information about test results, namely, percent of profitable transactions, final deposit, maximal drawdown and profit factor. ReturnVariant — parameter, by which the advisor optimization is carried out when choosing custom optimization parameter in the tester.

FinishDate — time of test finish expected. It is needed to speedup test while using WriteTestInfo. Risk — percent of deposit to buy options. If equal to zero, a lot is used. If not equal to zero, risk in deposit percentage is used.

WorkPeriod — period of market information update in the advisor. Leave it as it is. IndicatorPeriod — advisor indicators calculation period. MinVol, MaxVol, ATRPer — minimal and maximal volatility and the period of ATR indicator calculation.

Hello, dear traders! Currently, binary options trade is gaining more popularity, many brokers allow you to trade them on a platform like MetaTrader 4. In spite of this, trading is mainly manual and there are no intelligent advisors for the binary options trading. So, I decided to eliminate this very injustice and want to present you a stable profitable trading advisor for binary options called OptionsTrader. Frankly, until recently, I greatly underestimated the possibilities that open when trading binary options.

But the adviser, which my colleagues Sergei and Dmitry have created, made me, a lover of automated trading, experiment with this advisor. For that Sergei and Dmitry, thank you so much! But in reality, it was not so easy. And there are several reasons — incorrect calculation of the test results for the options from MT4, the lack of historical data for testing and many others.

But first things first. So, I opened a demo account to trade American binary options. I found out that the European options are not suitable for this advisor, after spending a few days on testing attempts. Further complexity was to conduct tests, but first, I want to say a few words about the advisor and the principle of its work. Platform : Metatrader 4 Advisor version : 2. Install the Advisor by the standard instructions. Test results from the terminal are calculated incorrectly, and have nothing to do with the real results!

In this Expert Advisor settings significantly affect the trading results, use the recommended preset-files see archive at the end of this article. Advisor strategy is very simple. Exponential moving average with a period of KCPeriod is built, and then around the top and bottom, two more lines at a distance equal to the ATR indicator readings with a period KAtrPeriod multiplied by KCDev are constructed.

If the price is currently above for sales or below for buys , respectively the upper or lower boundary of the channel, and one of the oscillators at overbought or oversold zone, buy Call or Put option with an expiration time equal to the Expiration parameter in the settings of the robot.

We use as the oscillators CCI with the period of CCIPeriod and the level CCIEnterLevel or WPR with the period of WPRPeriod and the level WPREnterLevel.

Advisor also uses a filter. It serves to disable live trading with too high MaxVol or too low MinVol volatility that is calculated by the ATR indicator with a period of ATRPer. It is also possible to disallow live trading in any day of the week, or even set up three breaks in the trade when adviser will not be allowed to trade during the day.

Backtests are made on each pair individually, as Metatrader 4 platform does not allow for multicurrency tests. Moreover, the MT4 does not allow at all to get the test results of binary options advisors. Therefore, I created a special set of features to test various pairs.

What do you need to do to conduct a test of this advisor? On top, you should see the number of quotes loaded 4. Repeat the same for all periods and all currency pairs.

Install the terminal, login to your account you should have an opened one by this time, can be a demo. Then a window to type in the account number and password will appear, enter a wrong password. Connection to the server will be broken, but the server data will remain in the memory of the terminal. Next, select the desired file and load it into the terminal. Once you have transferred all the quotations in the Grand Capital terminal, you can start testing.

PrintTestInfo — prints the test information to the log. This is the percentage of winning trades, the actual profit of the account, the value of the deposit and the drawdown on the account. Only the absolute drawdown is displayed, ie, how much the account lost with respect to the initial capital. This option is needed to optimize the adviser on Custom option. WriteTestInfo — when this option is enabled at the end of the test in tester files terminal folder you can find a CSV file with the name of the currency pair and the word Test.

Open it in Excel, you will see one bar showing the account balance change from transaction to transaction. The first thing we need to do is to replace all dots in the column with commas. The column thus should be highlighted by a different color. Then click OK in the dialog box and get something like this:. In my case, it is a deposit growth chart when trading 1 permanent option contract during all the last year on AUDCAD pair — similar test with a fixed lot on forex.

This allows you to evaluate the test results without regard to money management. That test I did since the year to assess the overall performance and stability of the system. The second series of tests are done from to assess the effectiveness of the EA on the latest historical data. Conclusion : My first OptionsTrader advisor to work on binary options shows very stable profit growth without a significant drawdown for almost all traded instruments.

Advisor on a long-term profit growth shows a small drawdown. However, we must be prepared for the fact that sometimes advisor can not make a profit, or even be in the red.

Due to a large number of instruments available for trading advisor it is recommended to be put on one account for all available trade sets. This will reduce the overall risk and flatten the yield curve. Pay attention that binary options robot monitoring are specific, it is necessary to look not at the growth gain curve as usual for forex robots monitoring , but at the balance or profit curve.

PrintTestInfo — when enabling, gives some information about test results, namely, percent of profitable transactions, final deposit, maximal drawdown and profit factor. ReturnVariant — parameter, by which the advisor optimization is carried out when choosing custom optimization parameter in the tester.

FinishDate — time of test finish expected. It is needed to speedup test while using WriteTestInfo. Risk — percent of deposit to buy options. If equal to zero, a lot is used. If not equal to zero, risk in deposit percentage is used. WorkPeriod — period of market information update in the advisor. Leave it as it is.

IndicatorPeriod — advisor indicators calculation period. MinVol, MaxVol, ATRPer — minimal and maximal volatility and the period of ATR indicator calculation.

ManualGMTOffset — GMT offset. StartTradeHour1, StopTradeHour1 — hour of beginning and finish of the first trading period. StartTradeHour2, StopTradeHour2 — hour of beginning and finish of the second trading period. StartTradeHour3, StopTradeHour3 — hour of beginning and finish of the third trading period.

MondayTrade, TuesdayTrade и т. Recommended is the risk on the transaction in the amount of no more than per cent of the deposit for each pair. In the case of all the sets at the same time, it is recommended to reduce the risk of 0. Options Trader Advisor — the first ever in the history of ForexTraderPortal. com Advisor for binary options.

The stability and profitability of trade are supported by the long-term tests. In the long-term period, profitability might be sometime in the neutral zone.

For correct advisor functioning, the trading platform should be enabled from the opening of the market on Sunday night till it closes on Friday evening. Home Forex For Beginners Forex Brokers Binary Options Brokers Forex Robots All Posts Trading Tools Economic Calendar Forex Market Hours Online Quotes Forex Charts Lot Size Calculator Margin Calculator.

Prologue Frankly, until recently, I greatly underestimated the possibilities that open when trading binary options. Advisor characteristics Platform : Metatrader 4 Advisor version : 2. Advisor strategy Advisor strategy is very simple. Examples of EA work Expert Advisor backtests Backtests are made on each pair individually, as Metatrader 4 platform does not allow for multicurrency tests. Export the quotes from the terminal of any broker , preferably Alpari.

Type of account does not matter. Import quotations to the MT4 Install the terminal, login to your account you should have an opened one by this time, can be a demo. You have the following options for this in the EA settings: PrintTestInfo — prints the test information to the log.

Then click OK in the dialog box and get something like this: In my case, it is a deposit growth chart when trading 1 permanent option contract during all the last year on AUDCAD pair — similar test with a fixed lot on forex. Account monitoring Pay attention that binary options robot monitoring are specific, it is necessary to look not at the growth gain curve as usual for forex robots monitoring , but at the balance or profit curve.

Settings description PrintTestInfo — when enabling, gives some information about test results, namely, percent of profitable transactions, final deposit, maximal drawdown and profit factor. WriteTestInfo — file record with test information balance value.

Lot — fixed amount of money to buy options Risk — percent of deposit to buy options. Magic — magical number identifier of the advisor.

Expiration — option expiry time WorkPeriod — period of market information update in the advisor. SetPeriod — chart period, the advisor will be installed on. It is recommended to use presets given at the end of the article. Recommended money management Recommended is the risk on the transaction in the amount of no more than per cent of the deposit for each pair. Results Options Trader Advisor — the first ever in the history of ForexTraderPortal.

Download Options Trader robot Take care, Michael Forextraderportal. com Related Posts: Montag Expert Advisor - Profit on Mondays How do Crypto Whales affect the price and why should traders… How to choose a reliable broker?

Prologue Frankly, until recently, I greatly underestimated the possibilities that open when trading binary options. Flexibility periodically arrives at the expenditure of the rest of the use Analysis and workout are essential before completely triumphing the ins and outs of this software A rising number of vendors are now regressing to constructing their software. Show Cookie Information Hide Cookie Information. Save my name, email, and website in this browser for the next time I comment. Examining this article, it fulfills obvious that MT4 and MT5 have governed to maintain their position of overseeing online trading software appreciation to an adequately constructed, ergonomic, and creative platform, as well as an effective community of investors and programmers.

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