BO Sprint

The BOSprint is an automated EA for trading the binary options on the financial instrument of the chart it is attached to. For multi-currency trading the EA should be attached to a chart of the corresponding financial instrument.

The EA requires two account types, i.e. two MetaTrader 4 terminals on one computer.

1. provider.
2. receiver.

The EA trades on the receiver account based on the advance market information of the provider.

Input Parameters

1. Symbol Name - name of financial instrument of the chart the EA is attached to.
2. Account Type - type of the account:
• Provider - provider.
• Receiver - receiver.
3. Initial Deposit - initial deposit size.
4. Fixed Lot Size - fixed lot size.
5. Last Lot Size - last lot size. The parameter is required for cases of the EA reinstallation.
6. Fixed Lot - lot type:
• true - fixed.
• false - differentiated.
7. Percent Lot Size - percentage of free margin of the lot
8. Profit Target - target profit in points.
9. Connection Control - control of disconnections with the trade server:
• true - enable.
• false - disable.
10. Send Mail - send an e-mail notification about disconnections with the trade server:
• true - enable.
• false - disable.
11. BO Comment - comment to identify the expiration time. The comment text according to a broker.

Limitations

The EA cannot be tested in the MetaTrader 4 Strategy Tester.

Recommendations

It is recommended to use the EA on the six major financial instruments: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF. The possibility of using the EA on other symbols as well as CFD is not excluded.

It is recommended to get positive results on a demo account before using the EA on a real account. Trading must be performed on a VPS server with minimum delay to the provider and receiver accounts. It is recommended to choose a broker with the minimum execution delay when opening positions on the server.