RekonX: Trading Binary Volatilities 24 By 7

Due to my personal work I will be away and less active here, in the mean time you guys can try to create the attached workbook based on historical data at your end. Next, I will show how to make a predictive model for forecasting price range and trading options such as Rise or Fall.

Important for building this kind of portfolio and predictive model is to have right instrument for trading.

In our case, we will be mostly trading with Volatility 100 Index or Volatility 75 Index or Volatility 50 Index or Volatility 25 Index or Volatility 10 Index.

You may click on the above hyperlinks to know more about them.

So, how this works?

You can download the data from MT5 platform using File --> Save option

Volatility 100 Index or Volatility 75 Index or Volatility 50 Index or Volatility 25 Index or Volatility 10 Index

Then you use Excel to arrange all the data.

Next, we need to build the model in a way that it should be close enough to meet our objectives.

Here,

Objective # 1: Which time is preferable for trading?
Objective # 2: How many pips I can get from trading?
Objective # 3: Am I going to buy or sell?


Use the below formula to derive the objective output.

Try them on: Volatility 100 Index or Volatility 75 Index or Volatility 50 Index or Volatility 25 Index or Volatility 10 Index

Now, Check the terminal time, switch on to M30 time frame also get your excel sheet ready!

Excel sheet is our predictive model which is telling us whether we should buy or sell and how much we can buy or sell.

I fired up 10 Buystop orders using my script, which closed all positions in profit!

Try the predictive model on: Volatility 100 Index or Volatility 75 Index or Volatility 50 Index or Volatility 25 Index or Volatility 10 Index

Following are few checkpoints when we are trading.

A. Use combination such as - buystop and sellstop; buystop and buylimit; sellstop and selllimit
B. In case one of the option got executed and closed with tp, delete the other option pending orders. So if your buystops are executed and tp hit then close the buy limit orders
C. Do only one time execution of the scripts
D. Have atleast 2 hours gap between per execution, so manage it in a session wise.

Try the predictive model on: Volatility 100 Index or Volatility 75 Index or Volatility 50 Index or Volatility 25 Index or Volatility 10 Index

Although, I have talked about only predictive model, but ultimately what we are going to make is a neuro-network/neuro-brain system which is a kind of machiene learning based on the everyday trading this model is doing.

In short, it will learn from its mistakes and not going to repeat the mistakes, also most importantly it will try to trade when it has more winning %.

I've talked about selecting the time for trading as there is a pattern exists in time series analysis that few hours in the whole 24 hours are profitable in trading the other hours you should ignore.

To achieve this, I have filtered out Rise and Falls which has atleast 10% difference on that particular time period.

To demonstrate this more clearly, let's first filterout H4 time, our current candle is 16:00 so filter out 16.

Then you check the terminal time for: Volatility 100 Index or Volatility 75 Index or Volatility 50 Index or Volatility 25 Index or Volatility 10 Index

Next, You filter the upcoming hour, here it would be 17:00



It tells us about the time when we should go for sales/fall option.

10 sales stop order executed and closed within a minute!

After closing, you need to enter the trade result manually. So that your system can learn from it.

We will be placing short orders in 5 mins!

Executed 10 sales stops and 10 sales limits... all closed within a minute!
Try the predictive model on: Volatility 100 Index or Volatility 75 Index or Volatility 50 Index or Volatility 25 Index or Volatility 10 Index

Check how it traded!

Next hour will be interesting! Although I am not going to trade that as I need to leave for my office. But if you have time to attend this then please do.

Hi All,

Trading opportunity is coming in 10 minutes!



Check the Terminal Time

Updating the Trade Risk%