Description
What is tool [BO] Automated Binary Option?
This EA automate your trades by importing signals from a MetaTrader 4 technical indicator into tool [BO] Automated Binary Option, allowing it to execute trades on your IQ Option account. If you don’t have an indicator, we offer the Tools Binary Indicator as it has win rate around 52%
This tool works with IQ Option broker, if you don’t have IQ Option account, register here: http://bit.ly/3165b4Q
What’ s included?
This tool offers several automated trading strategies based on your indicator and setting, it can be considered a set-it-and-forget Expert Advisor (EA) to make your trade become easier.
What’ s not included?
This EA is intended to assist in your trading, but it should not be considered as a signal provider. It is necessary for you to have your own trading strategy or indicator in order to use this tool effectively. Remember that we do not offer signal or indicator, Tools Binary Indicator is just a sample for guiding how to use this tool
How indicator associated with this tool?
Under the “Colors” tab of an indicator, you can find the indicator buffers. These buffers are typically labeled with numbers and assigned specific colors, which correspond to certain types of visual elements that are displayed on the chart.
Here is an instance of the indicator’s buffers:
Suppose your indicator is equipped with indicator buffers that provide buy and sell signals. In that case, you can utilize this feature by mapping the appropriate buffer numbers to the respective buy and sell signals. By doing so, you can easily interpret the signals generated by the indicator and make informed decisions about when to buy and sell.
Key functionalities
- Auto Trading: With Mt2Iqoption, you can fully automate your trades, as the system will carry out transactions based on your pre-defined settings.
- Binary And Digital Trading: The IQ Option platform offers both binary option and digital option trading systems, this tool allowing you to choose the one that best meets your needs
- Money Management: The tool offers various methods for managing your funds, including martingale, anti-martingale (snowball), Fibonacci, and revert-Fibonacci.
- Risk Management: The take profit and stop loss settings help protect your funds. They ensure that once a specified profit or loss level is reached, the tool will stop trading, maximizing your profits and minimizing risk.
- News Filtering: The tool can be connected to the investing.com news source and be set to avoid trading during news events. It supports different levels of news importance, including less important, important, and very important.
- Statistics Report: The tool provides statistical analysis of your trading history, including win rate, number of wins, number of losses, and profit/loss per day. This information can be exported to an excel file for further analysis if necessary.
How it works?
- Step 1: Open MT4 platform and currency pairs that you want to trade. Then, apply [TB] MT2IQOPTION indicator
- Open App “Tools Binary Application” – Click [TB] MT2IQOPTION
Log in by using IQ Option account, select mode practice or real, binary option or digital option. After that, set up your strategy such as money management, filter news, payout… based on your needs
- Check your trading: Tool will trade for you automatically; you can check your trades history in the rest of time
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