A binary options signal provider that offers winning chances of above seventy percent is Binary Option Robot. It is a service that comes with broker signup completely for free. Also, it is one of the very few binary options signals services that we recommend. In this article we will write a small review in order to help you to learn more about it.
How are the signals being made?
Binary Option Robot uses an algorithm that is frequently checking the value of an asset in real time – same as in the case of many other products of this kind. Once the algorithm detects a trend or pattern it will send a announcement to the trader to advise her or him to make the suitable investment.
Predefined movements of the value of assets are trends. For instance, if an asset has been rising frequently for a few hours and then it unexpectedly drops it is expected that throughout the next few minute the value of the asset will go up back to the original value. And that is because the unexpected drop added with the confidence offered by the previous enlarges determined traders to buy the asset.
And that is called a trend. And the reason why it is called a trend is because it always behaves in the same fashion. So, you can predict what comes next if you can detect such a trend while it is being formed.
And this is precisely what Binary Option Robot does. The fact that it was developed in good faith and it does really deliver results is the difference between this service and others. In other words -the brokers themselves didn’t develop it.
Also, it is totally independent and isn’t allied with a broker. The owner of Binary Option Robot told us that if the brokers aim to make money on the traders that register with Binary Option Robot they would have to get them to trade manually as an alternative, as the robot is favoring the traders.
After registering at the service, the signals will be sent to you on the interface that you will be able to access. This means, in order to trade – you will have to be online and have accessed the website.
Actually this is very good because this way you will have complete control over what is being traded. And in this way if you disagree with the signal you can cancel a trade and are able to only perform the trades that you in your opinion feel comfortable with.
However, with auto trading if you want to let the system trade automatically then this is completely possible as well. And inside the application, even if you are not online – you will have the possibility to allow the system to automatically execute trades.
One of the few binary signals that also have a money management feature is Binary Option Robot. You will have the possibility with this option to cut your losses considerably and almost totally get rid of the possibility of bankruptcy.