How to create a robot for trading binary options. How to write a robot for trading binary options if you don’t know how to program? Why is it better to write and create from scratch?

Binary Bot is a progressive tool for automating trading strategies, which is available to all clients of Binary.com (). With the help of this service, even those who do not have specialized knowledge in writing programs can easily create their own robots for automated trading!

How it works

The designer of trading robots from Binari operates on the basis of a ready-made module, which only needs to set certain conditions under which the so-called Bot will conclude transactions. That is, the process is completely automated, and the trader does not need to write scripts or look for the necessary templates. To create an assistant that will generate profit, you must have a pre-selected highly profitable trading strategy. This will make it possible to set the basic trading parameters in the constructor: asset market, option type, contract expiration, as well as the condition under which the robot must make a trading bet with a certain forecast.

So, to start creating an algorithm, you need to register or log in with a broker. It is worth noting that even demo account holders can write a robot, that is, the broker does not require replenishing a trading account to test use the program. On the left side of the screen there are all the functions in the form of “puzzles” that can be added to the screen to build a bot: logic, mathematics, text, extension and Binary, and in the main field there are blocks for customizing the robot. That is, everything looks extremely simple and the trader only needs to know all the technical components of the used

In addition, before starting to create an algorithm, the company offers a short step by step instructions, which will help you understand the purpose of each block.

The first block is choosing the type of contract

First you need to decide on the asset market. The service developers offer a choice of four options: indices, over-the-counter stocks, Forex and commodities. Those who prefer trading on currency pairs should choose the Forex market. Also in this block all parameters of the trading contract are set:

• used currency pair
• option type
• candle interval (minutes) and duration (ticks, seconds, minutes and hours)
• bet size and payment currency

For example, for auto trading on Forex market assets, you can set the following set of parameters:

Second, third and fourth blocks - conditions and actions of work

• In the second block, the condition for purchasing a contract from two options is set - higher or lower.
• The third block shows the robot’s actions during the purchase of an option. For example, if sale is available, you can add the condition “sell at market price” to the third block.
• The fourth block shows the robot’s actions after purchasing the option. For example, after completing a trade, you can set the robot to “trade again”.

Thus, you can create the basic settings of the trading software.

If the selected strategy works based on technical indicators, you can add the applicable technical means and set additional operating parameters for it. However, the selection of indicators in the Binary Bot service is limited - only the SMA (moving average), RSI (relative strength index), Bollinger Wave and EMA (exponential moving average) indicators are available. The settings for indicators are identical to those used in the strategy.

Depending on the complexity of the chosen trading technique, you can also additionally allow the robot to use mathematical approaches with setting the conditions for their use. To do this, there are many individually customizable puzzles in the "Math" and "Extension" sections.

After setting up the robot, you can save it as an XML file and run it in test mode to monitor its performance statistics. If he cannot trade with the efficiency envisaged in the strategy, his work can be corrected after testing - the service allows you to make changes.

In addition, the Binari broker allows you to sell your own robots in a specialized store, which is located on its website. Thus, from each algorithm sold in the store you can receive 80% of the income, which can be called an excellent opportunity for traders in terms of additional income on our own developments.

Overall, the Binary Bot service is an excellent opportunity for the company’s traders to automate their own trading strategies in order to make even more profit on binary options. In addition, this assistant is completely free and you can create an unlimited number of robots on it, which makes it accessible to absolutely all traders.

You also have the opportunity, completely free, to try out the latest trading robot binary options.

All people dream of earning passive income without doing anything. Although the profession of a trader promises a lot of money and complete financial independence, it takes a long time and hard work to achieve such a result. As they say, laziness is the engine of progress! Enterprising traders with knowledge of programming thought of creating a robot for binary options. Thus, they completely transferred the analysis of the graph to a computer program.

Thanks to such advisors, you can not only analyze the chart, but also enter into transactions automatically. The trader is only required to withdraw earnings. Agree, it looks like a fairy tale! A lot of time is freed up, which can be devoted to family and friends, making all your dreams come true. We have already talked about how realistic it is to make money from robots. Today we will tell you how to write a robot for trading binary options yourself. After all, almost all free versions are doomed to failure, and not everyone is ready to pay big money to developers.

What is a trading robot? This is a program that contains an algorithm based on a specific ready-made trading strategy. When certain conditions and signals from indicators, which are described in detail in the algorithm, occur in the market, the advisor issues a signal and the trader makes a decision regarding the transaction.

Why you shouldn't use free robots

Everyone knows that free cheese is only in a mousetrap. But people still continue to believe that someday they will find that holy grail that will allow them to make a million using a free program or indicator. There is no such!

Most of the free robots available on the Internet are doomed to lose the deposit Sooner or later. Who needs it? First of all, brokers who order drainage programs so that naive beginners can use them and give away their money for free.

You can now find a huge variety of them on the Internet, and all of them are useless. Except for the robot Abi. You can test it yourself on an unlimited demo account. If you are satisfied with the result, use it; if not, learn technical analysis and trade on your own.

Brokers use a variety of methods to attract new clients, especially inexperienced newcomers. First of all, they do it to earn money. Novice traders are so easily fooled by fairy tales about big earnings and without any experience, just download the robot. Why is this dangerous?

1. You will never be able to test the effectiveness of such programs against history, since the developers always hide their real algorithm. You can verify their “performance” only through real trading.
2. You can use such a robot only with a specific broker with whom the developer has an agreement. If you are not satisfied with this company in some way, then there will be no opportunity for automated trading.
3. Almost everywhere you need to top up your deposit minimum amount so that the advisor starts working for you.

In a word, everything is built on pumping money out of naive people.

Is there a reliable trading robot?

Is everything really so hopeless? Not really. It is quite possible to create a robot for binary options that will generate profit. This should be yours own trading strategy, which consistently brings profit in practice, translated into program code.

If you don’t have such a trading tactic, then start looking for one or create one from scratch. In any case, there is no way to create a profitable advisor without knowledge and practice in trading. For passive income in the future it is necessary to put in a lot of effort in the present tense. As in any business.

Please note the fact that all reliable leading companies such as Finmax and Binomo prohibit connecting to their trading platform third-party programs for automated trading. This is stated in the User Agreements.

This immediately calls into question the reliability of those companies that allow trading on their platform using third-party resources to automatically conclude transactions. They just want to quickly take away the deposits of naive users.

Therefore, if you have a ready-made profitable trading strategy, then you can translate it into program code only for MT4 terminal. Although it is not possible to trade binary options here, you can always receive signals there and open trades in the second window of the broker.

How to write a robot for binary options

Not every one of us will be able to write a robot for binary options on our own, since we do not have the proper knowledge in programming. In this case, you can use three methods:

• robot designer built into the broker's terminal.
• hire a programmer through a freelancer exchange.
• contact specialized IT companies.

The first and second methods can bring negative results. This is the main disadvantage of creating a robot yourself. Even if you pay money for a ready-made advisor, there is no guarantee that trading will be positive.

Well, if you decide to turn to specialized services, then in any case you will need to have a ready-made profitable strategy, according to which specialists will translate it into program code.

No one here will give you ready-made tactics, so you need to be prepared when contacting such companies.

If the second and third methods require financial investments, then the first allows you to create a robot for binary options yourself and for free.

Not every broker provides such an opportunity on its platform. Currently, the robot designer is available from IQ Robots or. We have already told you how the IQ Option Robot service works, so there is no point in repeating ourselves. You choose either a ready-made strategy, or subscribe to another advisor created by other traders, or create your own from scratch based on the indicators provided. There are not so many of them there, the choice is very limited. Here you can create only a primitive program.

The Binary broker has a similar scheme, only here you can, in addition to creating robots yourself, also earn money by selling them if it makes a profit. Well, if you have little knowledge in technical analysis, then you can buy a ready-made bot. Their amount on the platform varies from 50 to 300 dollars.

Order a bot from specialized IT companies

You always have to pay a decent amount for a quality product. Profitable advisors do exist, but they are created individually by highly specialized professionals at a high cost.

Broker robot constructors are a kind of toy for beginners. Such a bot will only work in the terminal of one specific company.

Many traders prefer not to bother with queries on the Internet about how to create a robot for binary options, but to contact a special company. The scheme of their work is approximately the same:

Before completing an order, you enter into an agreement with the company, where all aspects are spelled out in detail. After reading the contract, you once again check all the parameters of your future robot and make payment online.

The huge advantage of such a bot is its individuality. No other market participant will have anything similar. The main difficulty is to create a truly profitable trading strategy. Well, if you already have it and have been consistently making a profit for a long period, then such organizations will help you write a robot for trading binary options, so that in the future you can easily receive passive income.

How to create a binary options robot through a freelance exchange

Not everyone will have the amount necessary to pay for an individual bot in an IT company. In this case, you can resort to the services of freelancers. They also understand programming, but you can’t always be sure of their quality; it all depends on the person himself.

There are special exchanges where you place an order, and performers offer their services. You choose one of them according to reviews and profile, and decide who to give the order to create a bot.

One of the most famous such exchanges is MetaQuotes. These are the developers of the famous MetaTrader 4 and 5 terminal. On average, the cost of work will cost you 20-50 dollars. A very reasonable price that many can afford. True, we can no longer vouch for the quality.

If your order goes to a novice programmer, the result may be unsatisfactory. Well, more experienced specialists will accordingly charge much higher fees. And that's quite normal.

The advantages here are obvious; you only need to describe the desired result at the beginning of the work, and receive a finished program at the end. It’s better not to skimp and pay more money to a worthy programmer.

Conclusion

So, let's summarize. You can either create a robot for binary options yourself using program code or a designer, or contact a freelance exchange or a specialized IT company. Which method to use is up to you to decide. Each has its own advantages and disadvantages. But in any case, first of all, you must have a proven profitable strategy on hand. An advisor will be created based on it. There is no other way out. Therefore, quickly learn technical and fundamental analyzes and create profitable tactics.

Find the “Platforms” section.

We read the description and begin to develop our robot. If the page opens in English at first, don’t be discouraged, but set the Russian language at the top of the site.

To launch the Binary.com robot, you need to sequentially fill out each proposed module. Interactive instructions will help you figure out what data you need to enter.

At this stage, working with constructors raises several problems.

• In free constructors that offer binary brokers, the number of indicators is limited. You cannot add non-standard tools with which it is convenient to analyze the chart in the MetaTrader 4 platform.
• The created robot will only function on the trading platform of the broker that offers it. If you created an advisor in Binary.com, then you can only fully work with it here.
• Usually, on sites offering to create your own robot, there are stores with ready-made programs. You cannot buy them, since in most cases such advisors work using the simplest algorithms, which cannot be used to make money with binary options.

A trading robot is an automated algorithm that helps a trader earn money. From the article you will learn what the problem is with free programs and how to write a robot for binary options that does not drain your deposit.

Using all free programs results in loss of your deposit. This fact is proven by our “Black List”.

Brokers use binary robots to attract clients. This is a strong marketing ploy that newbies respond well to. Let's figure out why this is dangerous.

1. Most developers hide the trading algorithms of free binary options robots. Therefore, the effectiveness of such programs cannot be tested historically.
2. Free robots can only be used on the platform of the broker that offers it. If the user stops cooperating with the company, then access to the robot is closed.
3. To evaluate the quality of binary options trading signals, you need to top up your deposit.

Summarize. By using a free robot, you receive an unknown trading algorithm that can be launched after replenishing your deposit and used only on the platform of one broker.

Where can I find a safe trading robot?

A reliable trading robot is your binary options strategy that just needs to be programmed. If there is no proven algorithm, then there is no safe trading program for you. Start looking for it.

An important nuance to consider before creating a robot

All serious brokers prohibit connecting third-party programs to their platform. Usually this clause is stated in the “User Agreement”. Violation of this rule will result in your trading account being blocked. Let's look at a few examples.

FINMAX. Clause 7.4. subparagraph 3.

Binomo. Clause 6.4.

Binex. Last point.

If you agree to create a robot for MT4, let's look at where and how to do it.

How to develop a unique trading robot?

If you don't know how to program, then there are three ways for you.

1. Designer of trading robots.
2. Freelancing.
3. Specialized IT companies.

If you use the first or second method, you risk creating a low-quality program that will work with glitches and errors.

When the adviser is ready, you need to manually monitor the signals and duplicate them in your broker's terminal. Schematically it looks like this:

1. you are developing an advisor for IQ Robots or Binary.com;
2. wait for the signal;
3. go to your broker's platform;
4. make a deal.

If you have a complex strategy, then you only need to contact an IT company. Next we'll talk about how to do this.

Look at the scheme according to which many specialized firms operate.

Before completing the order, the selected IT company will enter into an agreement with you. Below you can study its approximate content.

Page 1.

Page 2.

After studying the contract, all you have to do is check the trading parameters of the future robot, select a payment method and make the payment. Keep in mind that the price for a robot is always determined individually.

Conclusion

1. A trading robot is an automated algorithm that simplifies the process of making money on binary options.
2. If you don't know how to create a binary options robot
3. A free robot is an unknown trading algorithm that can be launched after replenishing a deposit and can only be used on the platform of one broker.
4. A safe trading robot is your programmed manual strategy, the effectiveness of which has been proven in practice.
5. All serious brokers prohibit connecting third-party programs to their platform. Violation of this rule will result in your trading account being blocked. Therefore, you need to develop a robot for the MetaTrader 4 terminal.
6. You can develop a robot with the help of a trading designer, freelancer or IT company. If you have a complex strategy, then you need to use only the last option.