OPEN-SOURCE SCRIPT

Binary Options Pro Helper By Himanshu Agnihotry

The Binary Options Pro Helper is a custom indicator designed specifically for one-minute binary options trading. This tool combines technical analysis methods like moving averages, RSI, Bollinger Bands, and pattern recognition to provide precise Buy and Sell signals. It also includes a time-based filter to ensure trades are executed only during optimal market conditions.

Features:
Moving Averages (EMA):

Uses short-term (7-period) and long-term (21-period) EMA crossovers for trend detection.
RSI-Based Signals:

Identifies overbought/oversold conditions for entry points.
Bollinger Bands:

Highlights market volatility and potential reversal zones.
Chart Pattern Recognition:

Detects double tops (sell signals) and double bottoms (buy signals).
Time-Based Filter:

Trades only within specified hours (e.g., 9:30 AM to 11:30 AM) to avoid unnecessary noise.
Visual Signals:

Plots buy and sell markers directly on the chart for ease of use.
How to Use:
Setup:

Add this script to your TradingView chart and select a 1-minute timeframe.
Signal Interpretation:

Buy Signal: Triggered when EMA crossover occurs, RSI is oversold (<30), and a double bottom pattern is detected.
Sell Signal: Triggered when EMA crossover occurs, RSI is overbought (>70), and a double top pattern is detected.
Timing:

Ensure trades are executed only during the specified time window for better accuracy.
Best Practices:
Use this indicator alongside fundamental analysis or market sentiment.
Test it thoroughly with historical data (backtesting) and in a demo account before live trading.
Adjust parameters (e.g., EMA periods, RSI thresholds) based on your trading style.
Breadth IndicatorsChart patternsCycles

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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