Binary Trader Pro Free Download
3 days ago, I’ve released the first part of the 3 parts Binary Trader Pro giveaway. In this article, you’ll be able to download the hot Binary Options system which’s on sale for $77 now. To continue the Binary Trader Pro giveaway series, today, I’ll share the main indicators that help you to trade Binary Options successfully according to the author of BinaryTraderPro series. Scroll down to get your download link at the bottom of this article.
Binary Trader Pro Free Download
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BinaryTraderPro is an automated signal providing expert advisor that is deployed over meta trader 4 platform. The EA analyzes multiple currency pairs, using an advanced options strategy. The EA (Expert Advisor) then draws different indicators over the chart and gives the probability of price going up or down on an option with certain expiry. Furthermore the EA also gives you visual alerts for placing Call or Put option trades.
The EA incorporates advanced trend strategies and analyzes multiple timeframes, starting from M1 to Hourly. The EA keeps analyzing the market tick by tick, and checks if the Option entry is still valid. Apart from direction recommendation, the EA also provides the probability of the price going above or below the strike price, this helps you to adjust the option risk amount, risking more on high probability signals helps achieve better averages.
In order to run the EA you need to install MetaTrader 4 Platform, and copy the expert advisor to the platform directory. Then you will need to attach the BinaryTraderPro expert advisor to your currency chart. Please note that the expert advisor only provides signals and recommendations for trading binary options. You need to open a separate account with a Binary Option broker, in order to execute trades.
Meta Trader 4 Platform Installation
For Meta Trader 4 Platform installation, please refer to this session from previous article: http://binaryoptionsdailyreview.com/binary-trader-pro-profit-enhancer-download/
How To Install BinaryTraderPro EA
Once you have installed MetaTrader 4 platform you then need to copy paste BinaryTraderPro EA files to the platform directly. Also check that you have not installed multiple instances of the same platform.
From the members’ area download “BinaryTraderPro.ex4” file, by right clicking the link and then save as.
Locate your Meta Trader 4 Platform directory. Copy the file: (BinaryTraderPro.ex4) to your MetaTrader/experts folder.
In some cases the directory for MetaTrader directory could be “C:\Program Files\MetaTrader – Alpari\experts”
Remember to restart your platform when you have copied the files to the platform directories. After the files are copied correctly you will see the BinaryTraderPro Icon under Expert Advisor in navigator panel.
Trading Using BinaryTraderPro
Once you have installed the BinaryTraderPro EA you then need to open the platform, chart and attach the EA to chart. Lets say you want to trade EURUSD binary option on your Binary Option trading platform, you will instead open EURUSD 1 hour chart on MetaTrader 4 platform and attach the BinaryTraderPro Expert Advisor to the Chart (as shown in the diagram below). The signal you get using MetaTrader 4 would be used to trade the binary option over an options trading platform.
Once you attach the EA to the Chart you will receive Binary Option signals, (as shown in the diagram below)
The bar represents the price movement direction` and probability of call or put trade. In the example above, the EA gives 4 bar signal in favor of call trade. So once you receive a new signal you will execute the trade on your binary option trading platform.
Money management is one of the most important aspects of trading and is also the most overlooked aspect of trading. Money Management rules help protect our equity and also generate long-term profitability. Trading without sensible money management rules is like playing Russian roulette.
No trading strategy will produce optimum results unless sound money management rules are incorporated and followed.
One of the cardinal and most desecrated rules of trading is that traders can lose a substantial amount of their account equity in one single trade by taking too much risk. You will find hundreds of stories about traders who lose years of profits on a single trade that goes terribly wrong. This is the chief reason the 2% stop-loss rule should not be violated.
Never risk more than 2% of your available equity on a single trade. So for example if you account equity is $1000 never risk more then $20 or trade option with value less than $20.
Most traders believe frequent trading means more profit; overtrading means too many trades at a time, thus increasing your exposure to the market.
Increase your risk depending on the percentage strength (shown by bars) of the BinaryTraderPro EA. So for 2 bars you can risk $10 and 20 for 4 bars. Thus you invest more with high outcome trades increasing your overall expectancy.