Binary Option Robot is a free auto-trading tool for binary options that connects to your broker and automatically places trades for you. You have a choice of using the auto trade feature, which places trades automatically when the signals are given, or you can enter trades manually. The Binary Option Robot system works by using a choice of six different technical indicators including Trend, MACD, RSI, Stochastics, Williams and the CCI. Once you download the software and login, you can select which indicators you want to use in order to receive the signals.

Once this is done, you can choose the currency pair, trading system, expiration time and value of each trade.

After testing the software out I was quite impressed with the win-rate. The great thing about this software is that it allows you to trade 3 different systems for the auto-trader option, as explained below:.

Features of the Free Version of Binary Option Robot: The free version of the Binary Option Robot only works on Stock pair and limits you to trading the following conditions:.

I already admire the transparency and openness of the system, as not many auto traders and signal services are open about the methods and indicators they use to generate the signals. By being able to view and select which indicators to use, you can use this service as part of a wider strategy.

Secondly, the software is incredibly easy and quick to install. The software is built for beginners and shows a useful friendly window next to your broker screen where you can edit the trading inputs. This is in contrast to other software such as BinaryAutoTrader.

The best thing about Binary Option Robot is that you can configure forex millionaires robot trades and systems to suit your strategy. For example, not only can you select which indicators, trade value and expiry time to use but you can also choose between 3 different systems. Finally, the auto-trading software works under a range of market conditions. Once you set it up, you can leave your computer running whilst computers for forex traders away and it will trade on your behalf.

You can either trade the signals by themselves or combine them with your own strategies such as trading trends or wait for candlestick pattern confirmations. Of course, the main downside by using the Binary Option Robot is that like all other auto-traders it trades purely off technical indicators. The other disadvantage is that it only works on three brokers StockPair, TopOption and ZoomTrader for US traders.

The recent technological advances have seen trading binary options take on another turn. Imagine a world where you just sit back, relax and let your computer do the trading for you.

Well this is no longer a far fetched dream anymore because with Binary Options Robots, you can do just that! Binary option robot is an auto-trading system that automatically places trades for you. The robot runs on a special algorithm programmed to apply case-specific mathematical formulas across different factors stock traders slang affect the market and effectively predict whether prices of assets would go up or down.

We have also conducted live tests on other binary robots such as our binary robot review which you may be interested in reading if you want to read more about binary options robots. Mail will not be published required.

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