Binary Options As A Modern Fenomenon Of Financial Business
Kolkova Andrea () and
Lenertova Lucie ()
Additional contact information
Kolkova Andrea: University of Business and Law, Czech Republic
Lenertova Lucie: University of Business and Law, Czech Republic
International Journal of Entrepreneurial Knowledge, 2016, vol. 4, issue 1, pages 52-59
Binary options are a new instrument of the financial market. The aim of this paper is to analyze the use of binary options with trading and to illustrate this on the practical example of trades based on Bollinger bands indicator. Currency pair EUR/USD and 6912 time series values of this instrument will be put to analysis. The contribution will be evaluated 8 strategies based on Bollinger Bands. There will be used a backtesting method. From the results follows the most trades could have been realized with the use of Bollinger bands with a double deviation. This strategy, however, also showed the greatest percentage of failed trades. On the contrary the fewest transactions could have been carried out with Bollinger bands with a triple deviation and the MACD filter.
Keywords: Binary option; Bollinger bands; backtest; forex. (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:jek:journl:v:4:y:2016:i:1:p:52-59
Access Statistics for this article
International Journal of Entrepreneurial Knowledge is currently edited by Aleksandr Kljucnikov
More articles in International Journal of Entrepreneurial Knowledge from VSP Ostrava, a. s. Contact information at EDIRC.
Series data maintained by Aleksandr Kljucnikov ().