With a useful trading tool "Auto Chartist," can you win in binary options as well!?
What I will introduce here is a trading tool called "Auto Chartist."
What is "Auto Chartist"
It is a tool that automatically analyzes charts, detects chart patterns, and indicates "which direction you should enter" for trades.
What makes it amazing is...Performanceis.
Overall Hit Rate of Predictions
From 2018-10-29 to 2019-04-26
29,577 wins / 45,385 trades
Win rate: 65%
recorded.
Looking at chart patterns individually
Chart Pattern Number of Trades Successful Trades Win Rate
Ascending Triangle 1,910 1,368 72%
Channel Down 3,437 2,498 73%
Channel Up 3,609 2,648 73%
Descending Triangle 1,709 1,237 72%
Double Bottom 146 126 86%
Double Top 171 131 77%
Falling Wedge 3,541 2,397 68%
Flag 1,811 1,190 66%
Head and Shoulders Top 237 185 78%
Head and Shoulders Bottom 262 224 85%
Pennant 3,768 1,965 52%
Rectangle 300 224 75%
Ascending Wedge 4,126 2,658 64%
Triangle 20,357 12,725 63%
Triple Top 1 1 100%
Total 45,385 29,577 65%
This is the result.
If you were to decide to only trade with chart patterns that have high win rates
- Ascending Triangle
- Channel Down
- Channel Up
- Descending Triangle
- Double Bottom
- Double Top
- Head and Shoulders Top
- Head and Shoulders Bottom
- Rectangle
- Triple Top
Chart Pattern Number of Trades Successful Trades Win Rate
Ascending Triangle 1,910 1,368 72%
Channel Down 3,437 2,498 73%
Channel Up 3,609 2,648 73%
Descending Triangle 1,709 1,237 72%
Double Bottom 146 126 86%
Double Top 171 131 77%
Head and Shoulders Top 237 185 78%
Head and Shoulders Bottom 262 224 85%
Rectangle 300 224 75%
Triple Top 1 1 100%
Total 11,782 8,642 73%
and the win rate rises to 73%.
Furthermore, since a quality score is also displayed,
Uniformity Total Correct Percentage
0.0 698 486 70%
0.1 1,404 995 71%
0.2 2,447 1,760 72%
0.3 3,428 2,465 72%
0.4 4,984 3,505 70%
0.5 6,171 4,217 68%
0.6 7,301 4,775 65%
0.7 7,384 4,627 63%
0.8 6,661 3,975 60%
0.9 3,983 2,263 57%
1.0 924 509 55%
If you narrow it down to "0.0–0.4"
Theoretical value: 70% or higher × pattern narrowing win rate 73% / overall 65% =79% or higher
This is the result.
Of course, this is a hypothetical value, but a trial count of 45,385 is a sufficiently high-precision statistic and can be trusted. It is not a backtest-like "after-the-fact" decision.
Currently, the brokers where "Auto Chartist" can be used are
Domestic brokers → OANDA Japan, IG Securities, Gain Capital Japan, OANDA JAPAN
Overseas brokers → HotForex, Tickmill
Binary options brokers → FIVE STARS MARKETS
and there are not many.Trading methods to practice with "Auto Chartist"
Concerns
In FX, exits are important, so even if the trend direction is correct, it does not guarantee easy wins.
Compared to FX,Binary Optionsis a trading tool that is better suited for.
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