You may have come across Optionrobot.com. Knowing whether Option robot yields result is very vital especially if you are looking for a software to help you trade binary options. Our honest OptionRobot review was written to guide potential investors on what to expect and also to avoid being scammed.
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How does OptionRobot Work?
Option robot generates signals which it trades on for the investor, it does so by analysing the market with six market indicators which are TREND, WILLIAMS, RSI, MACD, STOCH and CCI. At set up you can choose one or more than one indicators if you which. Choosing more than one indicator means that all chosen indicators must agree or correlate before the robot can place a trade. For example if you should say RSI and MACD, it means both indicators must generate ‘Call’ each at that point in time for the robot to place a ‘Call’ trade, if both indicators generates different signals the robot will not place a trade. The advantage of choosing more than one indicators is that it increases accuracy, but the downside is that less signals are generated and less trades are placed. Using multiple indicators gives you good Option robot results.
For money management the Option robot uses three systems, any of which you can choose: There are Classic, Martingale and Fibonacci.
Classic: This mainly used by novice and those that wants minimal risk. This system works on the amount you have set to place a trade, it doesn’t exceed that amount. Profits may be low with this system, however it is safe.
Martingale: The risk with this system is high but the profits are high. What it simply does is that for every lost trade, it increases your investment amount for the next trade, and when you win, your losses are cancelled and you make a high profit with it. It is not recommended if you start up trading fund with this robot is low.
Fibonacci: This system utilizes the Fibonnacci maths principle, it is referred to as the most accurate. Payouts with this system are high, your trade size with this system changes depending on the win/loss sequence.
What we don’t like about Option Robot Robot Software
Optionrobot.com login provides a demo account, which is great, but the downside with this demo account is that it doesn’t use real trade feeds, the reason is explained in their FAQ section. It uses the eToro live feeds. What this means is that your test on the demo account is not representative or may not correlate with actual real trading with your money. I recommend the demo account only if you want to test and see how this software works.
Why we recommend this Software
- Option robots settings is amazing and customizable by anyone that wishes to use this software.It gives you the freedom to adjust the settings anytime you wish to get the right results.
- This software is profitable and investors can make good profits with this robot with little effort, it completely runs on autopilot. It is 100% automated.
- Option robot is synced with good binary brokers, you can check them out here.
- No bogus claims of turning you into a millionaire overnight. It brings you consistent profits.
- Option robot win rate ranges from 81% to 89% with an average of 83%. This makes option robot a very profitable software
Option Robot Results
Option robot results is amazing. This robot makes trading options on autopilot easy and profitable. Always keep an eye on the software and change the settings whenever you wish to get a better result and to prevent losses. When you want to withdraw your profits from OptionRobot, just click on the withdrawal button and you will be taken to the broker account were you request for payment.