One of the most known binary brokers — IQOption offered the possibility to create and use fully automatic binary robots. As you may probably know, there is almost no binary broker that offers automatic robots, the only brokers that offer expert advisors work on MT4. IQ Option is one of those brokers who always comes with some kinds of cool stuff, which are not yet offered on the market by anyone else.
We could be assured about that when they launched their stylish trading platform 4. IQ Option had implemented expert advisors on their own platform and usage of these robots was totally for free, you could try them for yourself even on a free demo account. You could either choose from a catalog or you could create your own by using wizard and constructor features. The easiest and most convenient way which used to be appreciated not only by newbies was choosing your robot from the catalog.
Here we had two lists of robots, they were sorted out by their winning probability and by their popularity. Settings of these robots could be changed only by the creator, however, you were able to set your own trading limits and investments. You had also the possibility to choose a robot which was created for turbo options short term options or for binary options medium term and long term options.
Furthermore, you were able to select asset, minimum and maximum success of the robot. Once you found IQ Option robot that suited you the best you could test the functionality by using test function, which had put your robot to testing process on historical prices.
In settings of your robot, you could select an asset that you wanted to trade and the size of the transactions that robot should create. Backtesting was one of the most important functions that IQ Option robots offered. Thanks to this function you were able to test your robot on historical prices. Therefore you were capable of finding out whether the robot would have been successful in the past and you could discover it fairly quickly in comparison to testing on a demo account.
Look at the picture below, to observe, how your backtesting could look like. IQoption wizard was used primarily by beginners who wanted to create their own robots. Again, you could use an already established strategy, or you could create your own. The constructor was designed for experienced traders who wanted to create their own trading robots and who wanted to set them up to the last detail.
If you have decided to go this route, I had recommended looking at the introductory video where was described how the robots could be created. On the other hand, you had significantly more operators and functions there, so if you took your time with creating your robot you were able to develop a very complex automatic trading system. Iq Option provided the possibility to try out using automatic robots to every type of trader.
Newbies could use the most profitable or most popular robots from other experienced traders, on the other hand, professional traders were able to create their own robots to the last detail.
I used to test some of the pre-made robots with quite a good success. It was a great disappointment for me when IQ Option announced that they will be no longer available. Get free binary signals. Hi, I'm Michael and my area of expertise is forex and binary options trading. I specialize in technical analysis, namely in chart pattern set ups. I educate traders of all levels and I believe that prerequisite to successful active trading is always knowing risks of the game.
My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications. You can reach me at Michael TradingBeasts.
Constructor function could be found in the top menu see for example the last image in this article. Hopefully it is still there. The construction function is probably turned off. So you have few last days to try the robots out! It is very hard to find a replacement for a fully automated robot that would have all the features that these robots did have. Hello, I am new at binary options trading and as of today I had been losing, I would very much appreciate your help to teach me how to be able to at least earn and not lose all the time….
Hello Laarni, What strategy do you use for trading and does it include MM? Do you follow it? Please check articles in our Binary options guide , it will help you to improve your chances.
Your email address will not be published. Over 20,, accounts since , join millions of traders and start trading with. IQ Option robot Important news Breaking news IQ Option robot IQ Option Our Rating: Important announcement, please read: Unfortunately, IQ Option robot is no longer functional since 17th January The financial products offered by the company carry a high level of risk and can result in the loss of all your funds.
You should never invest money that you cannot afford to lose. Basic information about IQOption robot Website: IQ Option — robots catalog The easiest and most convenient way which used to be appreciated not only by newbies was choosing your robot from the catalog. IQoption Constructor The constructor was designed for experienced traders who wanted to create their own trading robots and who wanted to set them up to the last detail.
You may also like these posts: Binary options trading guide. IQ Option review — What to expect from the broker.
Michael Hi, I'm Michael and my area of expertise is forex and binary options trading. But I cannot get access to the constructor? I have the same problem. Please let me know if you found it. Leave a Reply Cancel reply Your email address will not be published.
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