Binario
Binario is an Expert Advisor whose name suggests a binary decision-based trading system, likely using a yes/no signal logic for trade entries. The EA appears to operate on momentum or signal-based entry conditions, making binary (buy/sell) decisions based on indicator readings. Without readable source code due to the file being in binary format, the exact strategy details cannot be confirmed.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| GBPUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| USDJPY | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| XAUUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
Why this EA never traded: no entry rule survived the conversion.
Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.
Blow-up risk: No blow-up pattern found
- Has no stop loss or trailing stop
On its own this is not a typical blow-up pattern, and the account was not stopped out in our backtests. That is not a guarantee: any EA can lose money.
High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →
Strategy analysis
The Binario EA's strategy concept is based on binary signal decision-making, executing buy or sell decisions depending on whether technical indicator conditions are met. Entry conditions likely rely on threshold breakouts of one or more momentum indicators such as RSI, MACD, or Stochastic oscillators, triggering trades when preset conditions are satisfied. Exit conditions areinferredd to include fixed take-profit and stop-loss levels, indicator reversal signals, or time-based filters. Position sizing cannot be confirmed without readable source code, so it is unknown whether the EA uses fixed lots, proportional sizing, or Martingale-style position increases. Money management details are also unverifiable, including whether there are maximum position limits, drawdown controls, or account equity protection mechanisms. Overall, the risk assessment is highly uncertain because the source code is unreadable and all analysis is purely speculative based on the filename alone.
Strengths
- Simple and intuitive name suggesting clear and straightforward strategy logic
- Binary signal decision-making provides unambiguous entry rules
- If using momentum indicators, it can capture market trend direction effectively
Weaknesses
- Source code is in binary format and unreadable, resulting in extremely low transparency
- Cannot verify whether high-risk strategies like Martingale or Grid are implemented
- Cannot confirm the adequacy of stop-loss, take-profit, and money management mechanisms
Possible improvements
- Should provide readable MQ5 source code for user review and modification
- Should include detailed strategy documentation and parameter descriptions
- Should add risk control parameters such as maximum drawdown limits and maximum position count
Risk assessment
Overall risk: High risk
- Source code is unreadable, preventing verification of strategy safety
- Cannot confirm whether Martingale position sizing or stopless trading is implemented
- Cannot verify presence of position checks and new bar checks
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
LotSize | 0.1 | Trading lot size |
StopLoss | 50 | Stop loss in points |
TakeProfit | 100 | Take profit in points |
SignalPeriod | 14 | signal indicator period |
Timeframe | H1 | Trading timeframe |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.