Overview of setups for the MA Stochastic Strategy is a daily collection of analyses of potential investment setups based on this strategy. Detailed description can be found under this link. The cycle will last two weeks. After this period, on Saturday 23th December, 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 MA Stochastic strategy generated a total of 34 signals on observed currency pairs. 18 of them were profitable and 16 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 2,01:1 in 34 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 MA Stochastic strategy is profitable
As I mentioned in the introduction, on Saturday, December 23th. I publish a report summarizing the statistics of this strategy and will show whether or not these two weeks could be profitable while trading with this strategy
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