Auto trade: profit grows, you rest
- VFX Blog
- Strategies
The trading strategy gives a stable profit, but there is no time to be constantly at the binary terminal? Or do you want to open options on several assets at once? Discover new features with Auto Trade from vfxAlert.
Connect to auto trade
Auto Trade only works for PRO Ultimate accounts! The next step is connecting with QUOTEX broker.
Options will be opened without the participation of the trader, so for testing select a demo account.
Auto option settings
We start by creating a trading preset. Next, it will be connected to the autotrader app.
It is not recommended to change the Expiration and Power settings. A minute expiration will quickly take a deposit on any strategy, as well as “weak” POWER values even on a 5 and 15 minute options.
The main thing is not the number of auto options, but how many of them will be in profit during the trading session.
In the app settings, switch to "Auto trade". Our preset, binary options broker QUOTEX and option volume in money or a percentage of the current deposit.
Indicators determine the conditions for opening an automatic option. Two standard technical oscillators are available to the trader: Relative Strength Index showing the transition of the market to overbought or oversold and Commodity Channel Index, which determines the dynamics of price movement. The indicator rises with the trend and falls before a reversal.
The next two indicators of the vfxAlert program:
- Market trends. Showing the direction and strength of the trend on several expiration.
- Summary. Analyzing the market by several parameters at once.
Additionally, you can configure the Summary elements at which the automatic option will be opened: volatility, Bulls/Bears balance of power, breakout of Pivot Points levels.
Auto trading strategy
In the preset, we select two major pairs - EUR/USD and USD/JPY, which will give good 15-minute signals. For scalping on M5, we enable the cross of the pair. Type of signals: Reversal (RSI), Trending CCI and Adaptive. After analyzing the selected assets, CALL options are more likely.
- RSI below level 30;
- CCI less than 100.
- Most automated trading tutorials don't draw traders' attention to the importance of money management. Unlike manual trading, you should not put options at 10-15% of the deposit. We remind you that you do not control the process.
- The market may change quickly, any autotrader trading software will continue to trade, only now at a loss. We start with 1-3% of the deposit, then you can increase it if the market allows.
- If on QUOTEX trading binary broker your manual strategy gives profit on timeframes of 30 minutes or more, test auto trade as an additional tool. The main condition: auto option and manual strategy work on the same asset.