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GoodBO - Binary Options EA Live (By GoodBo)

Gain : +42.4%
Drawdown 0.00%
Pips: -16.3
Trades 205
Type: Real
Leverage: 1:200
Trading: Automated

GoodBO - Binary Options EA Live Discussion

GoodBo (GoodBo)
Nov 04 2016 at 19:42
14 posts
Just getting going with my Binary Options EA... Looking to set up an account to AutoTrade when criteria is met 😄

ZKFXtrader (ZKFXtrader)
Nov 04 2016 at 21:41
238 posts
what is your style of trading? This is not binary trading? looks like forex
Is this an EA or manual? pls. provide details.

Succeed in Forex trading
GoodBo (GoodBo)
Nov 04 2016 at 22:04
14 posts
Hi - Thanks for the message. In answer to your questions....

What is your style of trading?
The trades are placed by an EA using a custom algorithm i built. The algorithm looks for oversold or overbought conditions either a 'pull backs' or reversal in trend. The trades are entered by the EA but the account is monitored and the EA is turned off during high volatility new etc... It is also turned off when the desired win rate is hit OR left to run until the desired win rate in hit. As a general rule it is enabled at 22:00 GMT and runs through all market sessions.

This is not binary trading looks like forex
It is trading binary option assets using MT4 platform provided by GDMFX. If you look at the assets in the trade history on MQL5 forum they have 'bo' after them i.e. 'USDCADbo'. I think MyFXBook just shows the normal asset without the BO. Link is here to check it out. I have also attached a statement from the broker.

Is this an EA or manual?
As I mentioned before all the binary trades are made by the EA BUT the overall account is monitored by me and the EA is enabled/disabled as I mentioned above.

Hope this answers the points for you, but let me know if you want any more info.

p.s. if you look at history in MyFxBook you can see all the trade sizes are equal i.e. $10.00 and win return for BO i.e. $8.20 for 82% return and also 15min trade length for the 15 min BO expiry.


GoodBo (GoodBo)
Nov 30 2016 at 18:25
14 posts
@ZKFXtrader - Ar you still interested in the EA? Its just been approved for sale and rent on MQL community so drop me a note if you need any more info..



ZKFXtrader (ZKFXtrader)
Nov 30 2016 at 21:24
238 posts
I will check and come back.

Succeed in Forex trading
Dec 01 2016 at 11:14
494 posts
Is this EA compatible with regulated broker like ?

There will always some good opportunities , just don't give up
GoodBo (GoodBo)
Dec 01 2016 at 11:55
14 posts
hey @johntrung - The EA runs directly on MT4 platform where brokers offer Binary options trading. I use GDMFX but also just about to get going with GoMarkets also.

However, I am looking to send signals from MT4 to other brokers and have tested with using Trade4Me API platform. I know this works in principle and my EA is already programmed to do this. The link below was just some testing so don't pay any attention to actaul results :-)

I will soon be adding my live signal to TradeMe also to test this fully with a live account on

Hope this helps, give me a shout if there is any more info I can help with

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