Overview of setups for the MACD 60sec Strategy is a daily collection of analyses of potential trading setups based on this strategy. Detailed description can be found under this link. The cycle will last two weeks. After this period, on Saturday 6th January 2018, I will publish a report summarizing the statistics of this strategy and will present whether or not it would be possible to make a profit during this period.
As announced earlier, on the same day, I will also present another strategy that I will test for another two weeks. In this way I will try to test as many strategies for binary options as possible to find the best and most effective.
Today, between 8:00 and 16:00, the MACD 60sec strategy generated a total of 30 signals on observed currency pairs. Only 16 of them were profitable and 14 lost. This means that the efficiency was at 53%. Taking into account the return on investment that uTrader broker ranged from 76% to 81% in total, we could lose 1,56:1 in 45 transactions.
Below I present charts of observed instruments from the time interval between 8am and 4pm. Orange are marked the signal candles, after closing which we could open the PUT or CALL options:
I realize that the above analyses are historical set ups, while the whole cycle is supposed to:
- Show what signals on the chart you want to search
- Check if the MACD 60sec Strategy strategy is profitable
As I mentioned in the introduction, on Saturday, 6th January 2018. I will publish a report summarizing the statistics of this strategy and show whether or not these two weeks could be profitable while trading with this strategy
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