Option Robot Long Term Update 25 October 2016
Option Robot has been performing very consistently ever since our first review of the product back in March 2016. As such, it has become one of Trusted Binary Reviews’ best recommended programs for both new and experienced traders alike. It is rare to see such strong performance over a long period of time, but Option Robot has delivered long term profits for many users as well as incredible support and an increasingly large community of people sharing their configurations. This has never been seen before, and it is for this reason we at TBR highly recommend using Option Robot. Free demo available at www.optionrobot.co
Original Option Robot Review
Welcome readers to the long awaited Option Robot review, where I intend to cover all the reasons why I think this is very interesting new software. Do I think it is a scam? It’s the first question I ask myself when looking at any kind of trading software, so I will take any claims with a pinch of salt and do my own investigations.
I have heard a lot about this software from fellow traders and I have been urged to take a look. I do have to say right away that this has not been emailed out to anyone I know as of yet, and it seems to have just appeared on the market. This in itself is a very good sign – it wasn’t in any of the hundreds of rubbish emails I get every day promoting scammy rubbish….
The Option Robot is not be confused with anything of a similar name (binary option robot – characterised by a friendly looking little character robot). Option Robot is a massive leap forward in terms of functionality and features.
The Option Robot is a totally different style of trading software and let me show you why in this full Option Robot review.
First of all the great thing about this site is that there is no boring sales video, no paid actor to bore us to death with the typical get rich now spiel that supposedly sells these binary scams. This website is purely facts and details about the software, including comprehensive setup instructions and tips for best performance.
This Option Robot software claims to be 83% accurate on auto trading, which is a bold statement, but we have seen such figures attained with the very newest auto traders, as they offer next generation trading algorithms filtered down from the very heights of the trading world. It also has manual trading so you can opt to use either.
It is free to open an account and it has a very simple and easy to use interface, which enables you to configure every aspect of the auto trader.
Here comes the interesting part, we all want to know about how it works. So once you have registered and deposited you can configure the settings within the software.
Most binary options auto trade software let you adjust the parameters a little by picking the accuracy rate or the trade amount or even how many trades the bot can place.
The Option Robot goes into a lot more detail. First you can decide on the type of indictor to you wish to use. There are 6 different ones. Trend, RSI, Williams, MACD, Stochastic and CCI.
You can have more than one indicator selected at a time. Which means that the software will only place trades if both indicators agree. So let’s say for example you have Williams and CCI selected , a signal will only fire if both indicators are satisfied. This will lead to less signals, but may lead to even more accuracy. We will be testing this thoroughly in the days and weeks to come.
This is something we have not seen before in the binary options software. With just this option we are given a lot of choice and instantly a lot more configurable than anything I have ever tested.
But there is more. We can also choose the trading system. The Option Robot has 3 different trading formats to choose from. The standard trading which they call the classic trading system and this is the safest choice.
Then we have the Martingale system, this is said to be the most profitable system which means it has the highest risk as well.
Then there is the Fibonacci system which is to be the most accurate. They have tested all extensively and this one seems to give the most accuracy.
If you click on the setting tab on this website you can get all the details there and there is a little video showing us how the settings are changed within the software.
The software is highly configurable which is a huge plus in everyone’s book I think. You can choose what trades you are looking for from 30 seconds to 1 hour expiry. You decide how many simultaneous trades to place from 1 to 8.
So in a nutshell we are looking at a binary options trading software we can use to manual trade or auto trade with 3 different algorithms, choose between 6 different indicators or use all six select our expiry options and how many trades at a time.
To top it off all the features the Option Robot gives us a choice of brokers! You can actually choose between 6 different brokers that the software is compatible with. Click here to go to the broker selection page
This is a much preferred method compared to having a broker assigned to you. There are reviews for each broker on the Option Robot site or you can check out our broker reviews here on the Trusted Binary Reviews site.
Some of these brokers are not available worldwide but you can do your own research before you choose which broker you want to use, again that is another huge plus.
Is the Option Robot a scam?
I really have to say that I do not see the typical scam signs when looking at this product. Apart from the dodgy voice in the video showing how the settings of the software work there are no videos with actors and fake testimonials.
There are no stock photos and fake testimonials anywhere on this website.
You can choose your broker before you deposit and start trading. And the software its self is highly adjustable. Even down to which algorithm you want to use.
These are all mainly positives. So I am going to have to say for now that Option Robot is not a scam, in my opinion.
Option Robot Review Conclusion
With all the things I mentioned above I am sure I have intrigued more than a few of you. Just writing this review has me all psyched up to start the testing. I have decided to go with StockPair as my broker for this particular software.
I test lots of software and bots and signal services and most do not leave much room for hope. The creepy videos and sales pitches in some just scare you from the off. So it is very refreshing to be looking at something different for a change.
I am holding up a lot of hope for this software for a change I think maybe it’s the new style I do not know but I am definitely happy to be sharing this information with you all. (EDIT we have also had very promising results from another program using a similar platform called Automated Binary – here’s the review)
I will have updates on the different algorithms and indicators for you as I get to grips with how it all works. So stay tuned and subscribe to the YouTube channel to get all my latest updates.
Help me spread the word and share this Option Robot review on you social media network. And as always leave and thoughts or comments below. That is all from me for now, Louis at Trusted Binary Reviews.
Long Term update October 2016
After using the software consistently for 6 months, I have tested nearly every market condition with the program, and it has performed incredibly well. I highly expect to be able to hit 100k € profit by the end of the year at the rate it is going, which is unheard of from any kind of consumer available software. It is the lowest maintenance auto trader by far, as it deals with market volatility with ease, and in fact even finds more opportunities for profit as the markets move. If you haven’t yet tried it, head on over to www.optionrobot.co for a free demo and see what the fuss is all about.
Results Part 1
Option Robot Latest Results 16 March
- Rated 5 stars
- Louis Harris
- Reviewed by:
- Published on:
- Last modified: