Before investing your hard-earned money into these signals please be aware that they are semi-manual. This means that you as the trader still need to actually trade the signals on your broker account.
Although the Auto Binary signals are displayed in a very clear, concise and colour-coded manner the trader still needs to choose the signals which to trade, so there is a basic decision process that a trader still needs to make. Some may argue that as an advantage because they believe the ultimate decision should always lie with the trades as he/she are trading their own money, so that responsibility should lie with them.
The signals may show anywhere between 80%-100% accuracy but if you wait for 100% accurate signal you might be waiting quite a while. Roger recommends following signals with an accuracy rate above 80%, but we think 90% is will be much safer. It’s better to trader less but but with higher accuracy, this especially rings true with binary options where you can lose your entire trade amount.
Perhaps the most interesting aspects of this particular signal service are its ease of use, accessibility and high profitability levels between 80%-85% when all indicators are in the green. Roger’s Autobinary Signals also allows traders to use any broker they like without imposing a specific trading platform on their users. (It’s always nice to have additional options when it comes to brokers.) The custom indicators have been tweaked to produce consistently good results and in our opinion access to this online software is definitely worth your time and the investment. As it is currently priced at single payment of only $97, and there are no monthly subscription fees, we believe it is one of the best deals out there when it comes to professional binary signals.
Here is a full review of Auto Binary Signals which is an automated binary signals service created and owned by Roger Pierce. He claims to have developed a “superhuman” binary options trading software which supposedly made him more than $273,000 in 30 days in trades supervised by a private hedge fund. Pierce claims to have become a binary options millionaire at the age of 49.
The trade alerts issued by the Auto Binary Signals service cover all assets traded in the binary options market: currencies, stocks, indices and commodities. All trades are based on the Call/Put binary options contract, where the trader selects CALL if the analysis shows that the asset will end the trade at a price higher than when the trade was initiated, and PUT if the signal predicts that the asset will end the trade lower than when the trade commenced.
Pierce’s automated trading software is built on what he calls the “risk-reward stabilizing system”. This system deploys multiple indicators for trading precision, a supply-demand price predictor and a trademarked Auto Adaptive Profit Trade Technology to trade the Call/Put binary options. The system uses 5 indicators which have been custom-tweaked to suit the system and recognise and discriminate between real and fake trends.
Traders are expected to log in to the members’ area of the website where the assets to be traded, the signal expected, expiry time and other parameters are displayed clearly in a table. When a signal comes in, it is clearly shown in an easy to understand format.
The signals come with an audio alert and with a countdown timer, which shows how much time is left on the validity of the signal. Once the timer winds down, the signal is no longer valid. If the signal is still valid, the trader can then head over to the trading platform and execute the signal on the chosen asset. There is a tab on the signal table which allows the trader to choose the expiry time. On the asset list, a light bulb sign appears on signals on other assets which are still valid.
The percentage displayed beside the trade direction shows how assured the signal is: a higher number shows that the probability that the trade will end as predicted is high, while a lower number shows a lower probability of success for the signal in question. The calculations take into account five custom-programmed indicators.
You can also click on the Details button next to each asset to get more information about the signal and see the actual chart showing the price action with aligning indicators. You basically see the reasons for the trade direction and as such you can participate in the decision process and/or learn from the technical analysis.
Below is an example of a new trend with a signal accuracy of 85%. You will notice that 4 out of 5 indicators are green and there is a tick next to them. Green means that these indicators recognize the trend whereas the yellow means this indicator does not see it, hence the signals shows only 85%.
Traders can use any broker they want with Auto Binary signals. It is quite refreshing to have this options right from the start as many signal services try to force their subscribers into using a particular broker they are affiliated with. If you’re already with a broker you like there is no need to switch to a new broker and you can start using the signals straight away. In case you are not currently trading with any broker please visit our broker comparison table..
Pierce claims that the minimum risk and the maximum returns model of his trading software ensured the profitability rate above 80%. We tested the signals but only traded on the signals which were above 90% when all 5 indicators were green, meaning they all recognized a trade opportunity.
* Please note that past results do not guarantee or indicate future results