Comments (11)
Just to add that I will need it to pick trades only where there is high Volatility which means that it will require strong Volatility indicators as well as support And resistance indicators. I don't know much about indicators,I only suggested few that I think I know,pls use your expertise for me sir.Thanks for your help.
from binary.com-bot.
Indicators:Good support and resistance indicators(MACD,RSI,Bollinger band,ATR)
RSI, MACD, BB, ATR are not indicators for support and resistance.
Price must start from the highest closing prices of the resistance level and close well above the region,indicating a breakout from the squeeze region.
this is very hard to put on the bot, the bot works with numbers, no region. If it hits X number, it do something. That's the logic.
your strategy is too complex to implement.
Also, please provide a snapshot of a graph in tradingview showing that this strategy has at least 70% of winning, otherwise it will never work on binary.com
from binary.com-bot.
from binary.com-bot.
what? x10 on loss? if you loss five times: $5, $50, $500, $5000, and then bet $50000? really?
from binary.com-bot.
from binary.com-bot.
from binary.com-bot.
there aren't support resistance indicators. You can find some that place this on chart, but calculate them is complex on binary.com. When you are creating a strategy, imagine the worst case scenario, then the worst case scenario after that, then be prepared to loose at least 10 times in a row. then be prepared to loose at least 15 times in a row. I got number 0 six times in a row on digits, trying differ with approach like you wrote. It will destroy your account.
from binary.com-bot.
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from binary.com-bot.
It's hard to use only one strategy. All my bots are good, if you play them in the right time. The main idea to use a bot is to make trades faster then you and to set you free of looking to a screen all day. The less riskier strategies are the ones that you stay very short on the market, make a lot of trades, or that ones that you make less trades during the day, but stay long on the market to enter in the best periods. So you will need not 1, but some bots and define a strategy for all the scenarios and when to trade them
from binary.com-bot.
Wow...thanks for your response sir,God bless you abundantly.
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