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SOME TOOLS FOR BINARY BOT #35
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MONEY MANAGEMENTThey said that the most important factor separating the seasoned traders from the amateurs is Money Management. How so? Dont ask me, it wasn't me who said that! MartingaleThe system's mechanics involve an initial bet; however, each time the bet becomes a loser, the wager is doubled such that, given enough time, one winning trade will make up all of the previous losses. Example :
Assume that you have $10 to wager, starting with a first wager of $1. You bet on heads, the coin flips that way and you win $1, bringing your equity up to $11. Each time you are successful, you continue to bet the same $1 until you lose. The next flip is a loser, and you bring your account equity back to $10. On the next bet, you wager $2 hoping that if the coin lands on heads, you will recoup your previous losses and bring your net profit and loss to zero. Unfortunately, it lands on tails again and you lose another $2, bringing your total equity down to $8. So, according to martingale strategy, on the next bet you wager double the prior amount to $4. Thankfully, you hit a winner and gain $4, bringing your total equity back up to $12. As you can see, all you needed was one winner to get back all of your previous losses. Well, thats how common martingale. As for my martingale, its a bit different but still with the same concept. Download martingale :
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Compound InterestBasically its adding the prev profit into the next stake. By doing so we could get a bigger profit if we win the next bet and would only loose the initial bet if we loss.
Download Compound Management :
D'AlembertComing not too soon... |
Oscar's GrindComing not too soon... |
CANDLE ANALYSIS
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TICK ANALYSIS
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REQUEST: add compound option......thanks |
READ THIS FIRST
OR YOU'LL DIE😛I put on this page, some tools (function blocks) that can help you apply your strategy into binary bot.
To download the tools, just right click on the link (tool's name) then click

Save linked content as..
, make sure the file type is xml then clickSave
.You can load the tools on https://bot.binary.com/bot.html by clicking
Load new blocks (xml file)
the one with folder icon on the right screen, below your account balance.Once the green "Blocks are loaded successfully" notification appear on the bottom-right of the page, you can take the new blocks (the tools) from menu Advanced -> Functions and use it on your bot.

Good luck with your bot! 🎆
Please note this :

Sometimes (frequently) I give number in front of block's name such as (1) FRUITFELLA MANAGEMENT or (4) FRUITFELLA Trade again . This number means that you must put these block in the main block with the same number. You should noticed that all the 4 main blocks has number
Also I give number (5) to the block that must be put in
This block called on every tick
Note this too :
DO NOT, I repeat DO NOT make 2 same tools or more and give it different inputs. Because its like giving a variable 2 different values or more. This will cause conflict.I'll find a way (trick) to solve this problem. Meanwhile, please bear with it.
*I think this problem has been solved. But it still highly unrecommended to do this.
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