The Binary Options Trading Advisor Binario Option is designed for trading European binary options.

The Expert Advisor trades in two modes: breakout and rebound from the levels of the Bollinger Bands indicator.

In the trend mode Reverse=1, if the price is above the upper limit of the indicator, an increase order is placed, if the price is below the lower limit of the indicator, a decrease order is placed.

In the flat mode, Reverse=0, if the price is between the lower and middle border of the indicator, an order is placed to increase, if the price is between the upper and middle border of the indicator, an order is placed to decrease.

After a losing trade, the bet is increased by the KLot coefficient, to the maximum bet MaxLot, then the bet is again the minimum.

Only one bet is possible at a time. After the bet is closed, if the entry condition is met, the Expert Advisor makes the next bet.

General Settings

• StartHour – trading start hour
• StartMin – the minute to start trading
• EndHour – trading end hour
• EndMin – the minute to stop trading
• Shift-the bar on which we remove the indicator signal
• Reverse – changing the direction of trading
• Magic-the Expert Advisor’s identification number

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Indicator Settings:

• BBPeriod – period of the Bollinger Bands indicator
• BBDev-deviation of the Bollinger Bands indicator

Options Settings:

• Lots – trading volume
• KLot-lot multiplication
• MaxLot – maximum lot
• Expiration – expiration of the order in minutes

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