Automated Binary is a new trading software which works based on certain technical indicators. This app was developed before in France back in 2014 and then renamed as Automated Binary in 2016. After looking into the software dashboard, as well as the user results on Youtube, we conclude that Automated Binary is a not a scam. In fact, if you are looking for a real binary options trading robot, Automated Binary is one of our top recommended software.
Did you believe those fake claims? Sorry…
We have seen and in fact, getting bored of tons of websites and videos selling the next binary options software that will make anyone $4000 per week, or perhaps $1200 per day. If you enjoyed watching those fake claims then Automated Binary is not for you.
This is not another trading software that promised you will be making $2000 per week or $1000 per day with no work. In fact, there isn’t income claim in the Automated Binary homepage at all, because there’s no need to. Anyone can test Automated Binary for free with the demo account first, before putting real money on the line. If you visit the Automated Binary homepage, you can see that it contains no hype, no BS – all straight to the point.
The settings of this software
As you can see, the creators of Automated Binary software really knows what they are doing. They are real traders and the indicators included, such as stochastic, CCI, RSI, MACD and more are just common indicators used in trading, whether forex trading or stock market trading. Some of the settings are:
Expiry times: You can set this software to only trading certain option expiration types.
Trade Size: With this feature, you can set how much money, in other words, your risk for each trade. The minimum amount per trade is $5.
Money management: You can decide here, which signal that you want to use, Classic, Martingale or Fibonacci. More about this later.
Maximum simultaneous trades: If you wish to trade several currency pairs at one time, then you can use this setting. Keep in mind that while in the demo account, you can turn on several currency pairs, but in real account, your budget is limited, so always control your risk.
Algorithms: You can choose from six signal sources. The indicators are where this robot generated from. So, if you choose Trend, for example, this software will start placing trades anytime when there is a pattern that matches.
Currency pairs: Automated Binary can only trade currency pairs so far. There are several major and cross pairs that you can trade and profit from, such as EUR/JPY, EUR/USD and more.
Money management settings
In our opinion, the most important part of any trading system is the ability to control the money management. Which is why we highlight the money management tactics used by Automated Binary software.
Safe: If you are new, then we highly recommend this setting.In other words, the robot will trade based on whatever amount that you set at the beginning of every trade. For example, if you wish to risk at most $10 per trade, then this robot will always risk just $10 per trade.
Martingale system: This tactic is quite advanced and requires lots of budgets. The martingale/compound system has been used quite successfully by gamblers for years and binary options experts have discovered that this tactic works with trading as well. This tactic has been used successfully by gamblers for ages and binary options experts think that this method works with trading as well. The tactic is after one loss, you simply double your investment on the next trade. Once you win, all the losses will be gained back plus more profit in your pocket.
Accurate/Fibonacci: The accurate is called the Fibonacci management system. Fibonacci was a math expert from the 13th century that showed the world how numbers tend to repeat themselves. The Fibonacci management system in binary options trading uses what is known as the Golden Ratio. The system utilizes Fibonacci’s ancient math system to accurately predict when assets will begin up or down swings.
The ability to choose your own broker
You don’t need to trade with any single broker that you don’t like. Automated Binary gives you the ability to choose your own favorite broker. Yes, they are regulated and scam free. Some of them include Banc De Binary, 24 Options, Stockpair, Opteck and much more.
Other features of this robot
- Check out your trading history. We understand that it is important to keep in check your trading account history in order to see the best market conditions or perhaps the best time to trade. You can view the recent trade results right on Automated Binary website. However, if you wish to see the entire history of your trading account, then feel free to login to your broker account and see all the results.
- This app works on tablets and mobile phones as well. So you can trade on the go and adjust the settings accordingly whenever you are busy or on the road.
- This system will be turned off once you are offline. This is for your own safety. You can keep the browser tab open and do an additional task in new windows or tabs.
Automated Binary tutorial