Binary options is the same as day trading, however there is a specific timed expiry, you only need to predict if the market will go up or down dependent on the expiry time you pick which can range from 1 minute to hours. If you are in the winning direction from your entry point you enter the trade at you win up to 85% return of investment ($100 investment means you get $85 back profit if win, however if lost you lose the whole $100). With this in mind you need to have at least a 60% win rate to actually break even / make a little money.
I am looking for an experienced coder who has WIDE knowledge of the forex market (or has contacts who do) and work on a automated program to place high probability trades with the aim of achieving at least 70%+ success rate. The program would need to initially work for [url removed, login to view] platform but in future need it to work for other brokers. The binary option brokers are all web based.
Once the program is completed we will need to BACKTEST the program on metatrader 4 to see how well the program does and its success rate. If the success rate is over 70% then you will be paid $5,000. If its 80% you will be paid $10,000. The program does not need to produce 50 trades a day!! It only need to produce maybe 5 trades a day but with VERY high probability.
This is a huge project, and will most probably take more than one person to complete, this is why you should have other contacts to help you. I WILL NOT PAY ANY UPFRONT FEE, I can do a escrow however but will not release until project is at least half way done.
You will need to provide me with daily reports, you must be online skype a majority of the time, you must give a time frame within a week of accepting project as to how long you believe it will take to complete this.
The program will be copyrighted by me and cannot be used by anyone else. I will only accept people who have wide knowledge in forex and programming. Please do not reply if you have less then 3 years knowledge in trading.
I will explain the project further once you bid.
And don't just copy paste a bid response, I will ignore them completely.
22 freelancers are bidding on average $8200 for this job
I am expert programmer and also expert in binary and forex market too. I already have strategy which gives you 70%+ win ratio on trades. Please get back to me for demo
Determination that we possess to complete the project is our strength. You will be amazed the service quality we will be providing you. Let us work together and please help Nepal to grow.