Binary Options Expert Advisor is a provider of automated trading solutions for binary options that can automate your trading and make money without you having to do anything – with Binary Options Expert Advisor you can make money while you sleep.
Binary Options Expert Advisor creates expert advisors for Meta Trader 4. An Expert Advisor is a piece of software written specifically for the Meta Trader Platform. An Expert Advisor can just advise traders which trades to make or can be programmed to automatically execute the trades on a live account.
Currently, the only available expert advisor with Binary Options Expert Advisor is the RSI Power expert advisor. As the name indicates, this expert advisor relies on the Relative Strength Index (RSI) to predict future market movements.
In the past, the RSI Power expert advisor has won around 65 percent to 70 percent of its trades, and traded around 20 trades per month. When used on the EURUSD currency pair from January 2014 to September 2014, it turned an initial deposit of $5,000 into $22,850, which is a profit of 357 percent in a little over nine month. On their homepage, Binary Options Expert Advisor clearly states that the RSI Power expert advisor is optimized for certain assets, which means that you should use it with currency pairs to get the best results.
The RSI Power expert advisor is designed to take 5 minutes trades only. Therefore, we highly recommend you use it with a five minutes expiration time. Using any other expiration time can significantly reduce your earnings, or, at worst, cause you to lose money.
The RSI Power expert advisor allows you to specify which session and which day you want the expert advisor to trade.
While the RSI Power expert advisor does not offer any money management tools, it allows you to choose the amount you want to invest per trade. While many other auto trader providers charge you more the more you want to invest, with Binary Options Expert Advisor, you can freely choose how much you want to invest per trade.
After you bought your subscription at Binary Options Expert Advisor you can download your expert advisor from their data bank. Simply copy the expert advisor into you Meta Trader, and you will be able to start trading with it immediately.
To connect your Meta Trader with your account with a binary options broker, you need a connection provider. Unfortunately, Meta Trader has no built in module to connect to binary options brokers. A connection provider will take the trade signals created by your Meta Trader and convert them into signals your binary options broker can understand. Currently, using a connection provider is the only possibility to enable Meta Trader to trade completely without you having to do anything.
Binary Options Expert Advisor suggests you to use Signal Push. Since Signal Push is the industry’s leading connection provider, this suggestion certainly makes sense. Make sure, though, to choose a connection provider that works well with your broker.
Binary Options Expert Advisor’s subscription comes for a price of $100 per month. This price will grant you access to Binary Options Expert Advisor’s data bank. Currently, this data bank only contains one expert advisor, but Binary Options Expert Advisor promises to offer more products soon. Then, you will be able to choose any expert advisor you want from Binary Options Expert Advisor’s data bank.
The standard price of $100 also includes updates and support for your expert advisors, a service that will cost you extra with many other providers. All in all, Binary Options Expert Advisor pricing is industry standard. There are no hidden fees or extra charges for essential services, which makes Binary Options Expert Advisor a fair and trustworthy partner for your binary options investments.