The Black Box Robot is a unique automated trading robot that many people are now using for trading binary options. The main reason why it has become so popular in an industry full of scams, is because it only works with licensed brokers. We see that they are connected with the popular European licensed brokers, like: OxMarkets, BDSwiss, BinaryCM and StockPair.
Traders and investors are constantly asking where they can trade binary options using an automated trading robot, and many of the scam products over promise and under deliver. One can easily detect a scam trading robot, because they all have videos which promise you $1,000 a day in profits, and many of them post what are really fake testimonials.
Black Box Robot is different because it is a professional website. It is geared towards a trader who understands the risks involved in using automated trading, and a sophisticated investor will immediately notice that they offer a "Reverse Trading" feature.
There are four types of signals you can use to auto trade.
- Fibonacci
- Bollinger
- RSI
- Price Action
The software was developed by Forex traders, and it generates trading signals that execute short term trades with duration's up to one hour. The signals it generates are on sixteen currency pairs, and the user can select which pairs get traded.
New traders using a professional binary options robot like the Black Box Robot, sometimes don't understand that it is possible to generate hundreds of bad trading alerts. Many of the scam trading robots that advertise on social media sites, and viral news sites, do not have real algorithms. Rather they are automated coin flippers which switch from buy signals to sell signals every 2 minutes. A properly made automated trading software only releases trade alerts when the probability is high enough for a potential profit.
One of the best features of the Black Box Robot is the ability to setup Reverse Trading. There are times when a trading robot starts generating bad trades. It can happen due to abnormal market volatility in a specific underlying asset. When you are monitoring the trading software's historical trades and see that the success rate is falling, you can turn off the trading on certain assets, or switch over to Reverse Trading, so that what would be a losing trade, becomes a winner.
