PowerBot Binary Option Algorithm

What is PowerBot Binary Option Algorithm:

This algo is derived from the strangle concept using RSI mid-level range to discover reversal trades on the 5 minutes chart for a single bar.

This algo searches for buy and sell signals when the rsi is between 58-42 level range, the goal is to take advantage of the markets' indecisiveness to counter trade long candle bars when they meet certain criteria.

This algo has three steps for each trade. Traders can chose one step to trade, the higher the step being traded, example, trading only 3rd step means that you get few trades but with more precision.

Binary Option means all-or-nothing, so it's important to set the right money management and execute trade consistently.

Gain access to this script by contacting me via private message.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Piyush_Krishna for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.

Want to use this script on a chart?

Warning: please read before requesting access.


I want this indicator trial
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter