Are you fed up doing manual trades or not having enough time to make a trade? Then you can use auto trading robots to do binary options trade for you. Not all the brokers support such an advance mechanism, but with binary.com you can make your own robots (if you have little coding experience) or you can buy or rent robots to do the auto trades for you. Binary.com allows traders to use custom or commercial robots to trade from their accounts.
How Do I Start Trading With Robots?
If you want to use Commerical, Trading Robots check the shopping page. No need to do the hard work.
For coding the robots by yourself with the visual editor for FREE. Below is the link.
Editors produce an automatic trading script with .xml format. This for advanced level. But if you don’t know how to code XML. Then you can try the visual editor where you can set trading logic, trading instrument, trading time frame block by block according to your choice.
When you will open bot.binary.com it will ask your permission for first-time to grant access to your trading account. Once you approved. You will be redirected to the visual coding dashboard. There you can either load custom preceded robots or you can build your own.
Here is an example of Moving Average Robot with volatility index. But you can change its instrument type, trading bet time from the coding dashboard after loading it.
Download Here (Source Github)
After loading the robot you need to select account either virtual (recommended) or Real then click on Play button. Then you will see trades are taking automatically with that logic, if you think you have taken too much trades or too many losses, then click on the stop button in order to stop the robot. It is always advised to test the strategy on demo before applying it to your real account.
Does It Require VPS (Virtual Private Server)?
Among auto traders VPS is a common word, in order to run a robot for 24×7, traders use VPS. But with binary.com you do not need any VPS. Here is a company side reply.
Will this robot continue after the user logs out?
Yes. Since the trade executed through API token of the client, the trade will still continue till the client account has to balance in it. So, no need to think about client login in or log out. If the client provokes access, then the trade will get stopped. Absolutely, No VPS Required.
Risk Factor : Money Management
Now as you know, this robot system runs on binary.com own hosted VPS. Hence before logging out, make sure you have set up your robot trading with a proper risk measurement. Otherwise, maybe next when you log in, you will see no money in your account due to overtrading. Hence what ever you do, make sure you risk little and added lots of filter on your trading logic, in order to avoid over trading.