tmc

Binary Option Arrows (example) [TheMightyChicken]

An example of binary option arrows for candlestick patterns bearish and bullish harami. With results as colored background and an option to choose your expiration (one candle by default). It's just an example for those who has their own strategy and wants to make nice arrows in their chart. All you need to do is rewrite piece of script in lines 9:13 - feel free to ask me for any help, but I believe it's all clear.

Disclaimer: It's just an example how to script arrows for binary option and I am not responsible for any loss of money by using this particular strategy.

I wish happy and successful trading! ;)
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// Made by TheMightyChicken
// An example of binary options signals with results - colored background of expiry candle. (green = WIN, red = LOSE)
// Arrows set for bearish and bullish harami candlestick patterns. (credits to repo32)
// Expiration set to 1 candle by default.
study(shorttitle="BOA", title="Binary Options Arrows (example) [TheMightyChicken]", overlay=true)
// Inputs
E = input(1, minval=1, title="Expiry")
// Calculations
Bearish_harami = (close[1] > open[1] and open > close and open <= close[1] and open[1] <= close and open - close < close[1] - open[1] and open[5] < open)
Bullish_harami = (open[1] > close[1] and close > open and close <= open[1] and close[1] <= open and close - open < open[1] - close[1] and open[5] > open)
// Setups
CALL = Bullish_harami == 1
PUT = Bearish_harami == 1
ARROW = CALL - PUT
plotarrow(ARROW, colorup=lime, colordown=red, transp=0, minheight=10, maxheight=10)
// Results
WIN = (CALL[E]==1 and close[E]<close) or (PUT[E]==1 and close[E]>close)
LOSE = (CALL[E]==1 and close[E]>=close) or (PUT[E]==1 and close[E]<=close)
bgcolor(WIN==1 ? lime : LOSE==1 ? red : na, transp=70)

Комментарии

Please, could you help me? I'm Brazilian and I don't know how to make changes to pine, I need an indicator very similar to yours, but much simpler, the logic is: every 4 candles of the same color when 5 is equal, a green line equal to yours indicator and when there are 4 candles of the same color and the 5 is different a red line with your indicator, could you help me please?
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+5 Ответить
doommach doommach
@doommach,

with strategy tester
865 trades
60.69%
+14 Ответить
is it possible to make alerts for indicator?
+8 Ответить
Hi what this suppose to mean? "colored background of expiry candle. (green = WIN, red = LOSE)" I don't understand those colored background lines... help!
+10 Ответить
bladeheart xanderusa
@xanderusa, long or short
+1 Ответить
xanderusa bladeheart
+2 Ответить
Fantastic and simple!! Gone are all those 'useless' charting tools!
I have this set to a 5-Minute Chart with 15 Minute Expiries.
I've changed the setting to read the 'wins' 3 Candles out (15-Mins) instead of the Default of 1 Candle (5-Min).
I also only trade (US related charts - mostly EURUSD) at the opening of the US Markets to their 'lunchtime' - so 4 hours of trading.
Go back and check out the ITM ratio!
Be SURE you've changed the expiry setting to '3'. Enjoy!!
+2 Ответить
xanderusa mcommorato
@mcommorato, U meant to read the "wins" 2 candles since "3" it's really 4 candles. So 2 is the number to put in instead of 3.
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