Open a binary option : call or put ?

How to Call (up) or Put (down) a binary option ?

Set the expiration time

KonkisTrading Linker Panel has seven buttons to call, put and choose your binary option expiry time.

A simple click on an expiry time button will highlight it in blue.

On the above example, the user wants to open 3 binary options at the same time of 5 minutes, 10 minutes, and 15 minutes expiry. Then, the next time the user will click on “CALL” or “PUT”, 3 simultaneous binary options will be opened on its binary.com account of 10$ each.

 

 All the 7 expiry times can be configured in the Expert Settings.

binary.com allow custom expiry time depending on the Asset you want to trade, so please check on the binary.com website which time expiry is available for your asset.

Finally, you can set expiry time in minutes (“27M“, “M49“), in hours (“2H, H8“), or in days (“1D“,”D5“).

 

 CALL / PUT 

  • CALL : instantly open a new binary option on www.binary.com, depending on the “Expiry time buttons” highligthed.
  • PUT : instantly open a new binary option on www.binary.com, depending on the “Expiry time buttons” highligthed.
  • Stake : The middle field is used to enter a new (amount bet) on the next binary option opened.  

Has my option been validated by binary.com ?

In this example, the user take one CALL option with 1 minute expiry :

A new line below the panel appear : CALL 60s 10USD REQUESTED which contains :

  • Direction of the binary option requested: CALL
  • Duration of the binary option requested : 60s
  • Stake of the binary option requested : 10 USD

At this precise moment, the linker has sent all the information for your trade to binary.com.

Then, binary.com respond to KonkisTrading Linker Panel by validating or not the request sent.

 

Option is accepted

 

If the request has been approved (validated), the line displayed turn bleu (option : “Validated BO” in the EA settings), and the payout given by binary.com is displayed on the line (here : 16.84$).

Later, at the approval, and only after binary.com approved the binary option, an arrow will be displayed on the chart to help user to trace its binary options.

 

 

Important Warning :

binary.com does not send back to the EA the “Open Price” of the binary option approved, nor the close price at the end. Consequently, arrows and crosses are located on the chart by the EA at an estimated price. Sell graphical arrow will be located at the top of the high of the current candle and buy graphical arrow will be located at the bottom of the low of the current candle, not at the real price taken by binary.com.

No matter what happened, KonkisLinker will always display the REAL results of trades, found in binary.com history.

So, it’s a win or a loss ?

So if he trade is win or lose on the chart, it is really WIN or LOOSE on binary.com.

If the binary option was been won, the line become green, and a yellow check is displayed on the chart.

If the binary option was been lost, the line become red, and a red check is displayed on the chart.

 

Option is rejected

 

In contrast, if the request is rejected by binary.com, the line turn orange and a tag “Not valid” is added to the line.

Here the user tried to open a 0$ stake Call option, which has been rejected by binary.com.

So, the error returned by binary.com will be displayed in the bottom left corner of the chart.