There is no doubt that binary options trading has become one of the most popular ways of generating an income; regardless of where you are in the world. The ease of access to this market has allowed traders from all backgrounds to take advantage of this method of generating an income. However, with these traders comes a lack of knowledge and this has led to a massive increase in the number of automated trading systems in existence. Centobot is one of these.
Centobot Automated Trading System Explained
This is one of the latest products to arrive on the binary options scene and allows you to trade completely autonomously. It also offers the benefit of being web based; thereby avoiding the need to download software or update it periodically. In fact, the Centobot automated trading software is cleverly designed to provide a range of different robots according to your trading preferences and the level of funds you would like to deposit.
Centobot Trading Robots
Each robot will offer its own return rates and uses a unique set of algorithms to produce the best possible results:
- The NeuroScanner uses its own algorithms which is said to be the best available. It is exceptionally quick to react to any market movement. In fact, Centobot claim that it can process any as 20,000,000 transactions; you will need a three core computer processor to deal with this robot!
- The Bladerunner is designed to analyze candlesticks and the movement of prices around the candle. This allows it to accurately predict a price change.
- Centobot has a robot called RVI and MA which will look at either nine periods or sixteen. It works by monitoring the RVI; when this it is moving in the correct direction it will alert you when the SMA crosses this line. The first cross indicates the start of the trade; the second the end.
- Bolly Band Bounce is the Centobot robot which will monitor the Bollinger bands and locate the right point for a price reversal; potentially generating large profits.
- Strong US V2 focuses on sudden price changes and the potential earnings available if trading against the flow. Although this can be risky it can also be very lucrative.
- The HP Cycles is a Centobot automated trading software robot which focuses on exchange rate changes and short term price adjustments. This will show when the right combination of static exchange rate combines with regressive kernels and positive high pass filters; creating the perfect opportunity to trade.
- The Strong ADX v.2 is only useful when the market is trending in one direction. IT can identify the ADM and EMA crossing points to create a profitable trade.
There are also two ready to use Centobot automated trading software robots; although there are deposit restrictions.
- With at least $1,000 you can access the Rising East robot. This Centobot product simply analyzes the price movements in the Asian markets. When a positive movement occurs a trade will automatically be placed.
- The $3,000 minimum deposit option is known as the xProfit. It is closely linked to the CCI and the SRSI. These signals will tell this Centobot robot when to open and close a trade in order to benefit from a change in the direction of asset prices.
Using the Centobot Automated Trading Software
This system is well designed with the minimal level of controls. It is exceptionally easy to register with Centobot and create your account. You will then be able to access just enough controls to establish the robots for you. These products will run completely autonomously and can react in real time to the market movements. It is for this reason it has become one of the most popular products currently available.