Option Bot Free Download
Special Note: Option Bot team has developed the newest version of Option Bot, which’s Option Bot 2. So far, the Option Bot 2 has produced more than 80% ITM percentage, which’s absolutely phenomenal. Click HERE to get Full Access to FREE 7 Days Version of Option Bot!
I’m back after a long break due to personal problems and family matters. In order to make up for the time that I’m not here, I’ve decided to share the OptionBot to loyal readers of binaryoptionsdailyreview.com. It’s never my intention to share it but because of overwhelming support and requests recently, I’ve decided to break my own rules and share this pricy bot here for absolutely FREE of charge.
Option Bot Free Download
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1. OptionBot Installation
To install the software you need to first download the software from our website. You can find the download at the end of this article!
You will then see this screen
Make sure that “save file” is selected and then click OK If you do not have Winzip Or Winrar on your computer, please download the free software – 7Zip from http://www.7-zip.org
Once you have downloaded the installer and extracted it you need to run the .exe file and OptionBot will automatically be installed on to your machine.
2. Option Bot Functions
A: Real Time Stock Ticker
B: Clear Signals Button (use this if you want to clear the alerts in the white box on the left hand side of the software.
C: Select Currency Paid Chart (You can use this to see how each of the 15 currency pairs has performed within the last hour)
D: Time Frame Selection (You can use this select one of 5 settings 1 Minute, 5 Minutes, 15 Minutes, 30 Minutes and 1 Hour, which ever you select the software will only alert after it has noticed and upward or downward trend within that timeframe. The default setting when you download the software is M15)
E: PIP setting (The default for this is 3 which is equal to 3 PIPS, you can adjust this as you see fit, however the video on the homepage shows you how to use the default settings www.optionbot.net this is useful if you are a beginner. Advanced use of the software is only recommended for professional home traders)
F: Select Platform (when you select a platform, it will launch inside the application. OptionBot currently supports 5 platforms at once without experiencing performance issues. It is recommended that you trade on multiple platforms simultaneously to avoid reaching max trade limits and so that you are able to trade on all 15 currency pairs.
G: Refresh (use this to refresh the webpage in the software in case a platform gets stuck or crashes)
H: Close (This closes the current selected platform in the application) OptionBot Analyses live financial market data to look for Upward and Downward Trends on 15 currency pairs. It will then tell you if that pair has CALLED or PUT in the last 15 minutes (if set to M15) Put is represented by the colour Red which means it has gone down. Call is represented by Green which means it has gone up. It is down to the user to determine how they want to interpret these indicators, however we do explain how to trade on the default settings on our homepage www.optionbot.net
3. OptionBot Calibration
There a 2 main functions that can be calibrated on OptionBot. Firstly, the PIP setting can be moved down to a minimum of 1 (1 PIP) and at the higher end it can be moved up to what is effectively an infinite number in currency exchange terms.
If you were to set the software to 1 you would get very frequent alerts, so it would be advisable to trade small.
However if you set the software to 100 (100 PIPS) or above, then you would be lucky to get an alert at all.
It is down to the user, to find a setting that you are happy with, and that works for you.
***PLEASE NOTE, TO SIMPLIFY THE USER EXPERIENCE, WE HAVE CHANGED THE 0.000 PIP SETTINGS, TO A SIMPLE NUMBER SO 3 PIPS IS JUST 3 RATHER THAN 0.030***
Secondly there is the time frame setting. You have the options of M1, M5, M15, M30 and H1 the M numbers represent minutes and the H1 means 1 hour.
Depending on what you set these too, it will have 2 impacts on the application. Firstly, it will change the chart view and display historical data within those time frames.
But more importantly it will also change the time frame in which it analyzes for upward and downward trends.
Once again, it’s down to the user to find a setting that works for you. For example, if you want to trade 60 Second Options at platforms like TradeRush, then you would do well to set the timeframe to M1 and then the PIP setting quite low.
4. OptionBot Troubleshooting
Q. The platforms are slow to load, and freeze. Why is this?
A. OptionBot is a very advanced application, and it carries out multiple tasks at once. As such, you may experience performance issues if you are running several other applications at the same time as OptionBot.
Always disable any unnecessary programs that run in the background that you aren’t using to maximise the performance of OptionBot. To do this check your task manager by pressing CTRL , ALT , DEL and see what’s draining you processing power.
If you have a dated or slow machine, you may find that OptionBot becomes slow when trading at multiple platforms. When starting out, always launch 1 platform at a time, and wait for a few minutes, then try a second, and a third and so on. Until you find a number of platforms that your PC can cope with.