Pocket Option issues

Pocket option has been having some issues over the past few weeks which has affected our bots and copy trading.

They suffered a hacker attack and in response they blocked lots of IP addresses of demo accounts and even some live accounts.

As a result of this, we have not been able to run the copy trading this week and many users of our bots experienced that they were not working.

We are working on some solutions and will keep you posted and if you are experiencing issues with Pocket Option yourself, first see if you can log in and make a manual trade.

If you can, then you should be good to go.

If not, contact Pocket Option support and let them know and they will probably unblock your IP address for you, which should make it all work again.

Copy Trading Results to 3 September 2019

Our free copy trading service started on the 16th July 2019.

We will keep a score of how the account is doing and post it here monthly.

We started with a $200 account and $10 per trade which is 5% of the account balance.

Our first day of trading started off in the worst way possible with 7 losing trades in a row, but that is how it goes sometimes.

We didn’t let that bother us and carried on trading and we nicely back in the positive.

Win Rate = 57.86%
Total Profit trading $10 per trade = $151.80
Longest Losing Streak (LLS) = 7
Longest Winning Streak (LWS) = 10
Number of trades from starting day is 300

You can download the full trade history from the following Google drive link:

https://drive.google.com/open?id=16xWYxIdtCJ0zcHiRjm44IVmcuPLwrAno

Volatility Binary Bot update and settings

You asked and we answered.

We have finally updated the Volatility Binary bot to include the option of Trend Following.

trend following option
Trend Following left unchecked will be a No Trend Following or reversal trade.

Left unchecked, when the bot enters a trade it will be a reversal trade or No Trend Following.

Trend following checked will be a trade in the same direction as the trend.

If checked, then when the bot enters a trade, it will be in the direction of the trend or continuation trade or breakout direction, so Trend Following.

Now this option allows for so many more trading options.

Firstly you could trade Trend Following around the news events when Volatility is high and also around market opening times when the Volatility is high and the price tends to breakout.

Previously we had our settings to Pause trading around Market opening times and news events.

Now you could open two instances of the bot with one instance trading No Trend Following and No Trade On News and No trading around market opening times.

no trade on news and no trend following

Then you could have the other instance of the bot trading with Trend Following and Trade On News and trading around market opening times.

trade on news and trend following

So when one instance of the bot is Paused, the other instance of the bot is trading.

Now you getting the best of both worlds.

One instance of the bot is trading Trend Following when we expect high Volatility and breakouts and the other is trading no Trend Following when we expect reversal trades.

You could use any of your Money Managements with this strategy.

Another strategy is to run two instances of the bot with a Martingale and trading in different directions.

Here is a test we have done quickly over Sunday and Monday on a demo account trading only the Volatility Indexes on the 1 minute chart and with a 1 minute expiry and factor 2 and Martingale with 2 instances of the bot trading Follow Trend and No Follow trend.

Vix No Follow Trend
Vix No Follow Trend
Vix Trend Following
Vix Trend Following
Results after 2 days trading with a base $1 Martingale is $94.17

So we have our Martingale set for a starting stake of $1 and each time a trade is initiated it is actually two trades.

One goes No Trend Following and the other goes Trend Following.

So basically you are winning something every trade, except for the very first trade of starting the bots.

As you can see from the results history, even though the winning percentage was only 50,54% we still made out with a profit of $94.17

Maximum losing trades in a row was 5.

This is seriously just stealing money from the broker.

Of course it is a Martingale so be aware of the risks.

This works best on the Volatility Indexes where the payouts are usually in the 80%+ range and where you can set the expiry for 1 minute.

You can also start the martingale progression with just 35 cents on Volatility Indexes.

Give it a try.

BTW.
To open 2 instances of the bot, you just right click on the icon of the bot on your desktop and Run As Administrator and load up your settings for Trend Following and Start the bot.

Then you right click on the icon of the bot again and Run As Administrator and this time you load your settings for No Trend Following and Start your bot

Now you have 2 instances of the bot running.

If you do not have the updated version of the bot, just use your main download link for the Volatility Binary Bot to get the latest version that we sent you when you joined our newsletter.

You need Version 1.2.0.0 or higher.

The Vix settings are also available by downloading the Volatility Binary Bot Settings again, from the same email that we sent you when you joined our newsletter.

==>> Read about our Volatility Binary Bot here

Volatility Binary Bot released

Happy to let you know that the new Volatility Binary bot has been released finally.

Yes, we now have two Volatility bots.

One that works with the broker Pocket Option and now this one that works with the broker binary.com

If you are on our mailing list, then we have already sent you an email with the download links.

If not, then just join our newsletter and we will send you the download links for all our bots and then keep you updated via email of any new updates.

This is a new thing on the site now. That is to say, signing up for the newsletter and getting sent all the download links for the various bots and their settings if any, all in one shot.

For all the info about the new Volatility Binary bot, you can go to the following page on the website.

==>> Volatility Binary Bot info

Update Volatility Pocket bot and settings

After the repeated blocks of the Volatility bot especially during peak usage hours, we have made the changes to lighten the load on Pocket Option to make these situations more rare. In addition, the bot should reconnect more quickly and easily while remaining responsive.

In the latest version 2.3.1.0. we are releasing the rows of the central table have these colours:

  • White -> active asset and properly connected
  • Pink -> inactive asset and properly connected
  • Yellow -> assets being connected
  • Red -> asset that had an error in the connection.

No problem for the lines with yellow and red colour … the bot will reconnect the asset at a later stage.

We have also updated all the settings for the bot to include a Pause period of trading around the 3 main market opening times.

We did this as on examination of all trading results, we found the majority of our losing trades happened around market opening times and so by not trading at those times we have increased our overall winning percentage.

It does mean less trades all round though so we we have been trading successfully with all Money managements of Factor 2.5 and Factor 3 and 4.

We have sent you an email with the latest links to download the latest settings and you can also use the previous download links as they are the same.

If you have not downloaded the Volatility Pocket bot for use with Pocket Option, then you can do that on the following page:

Do not trade these FX Pairs

Looking back through our trade history using the BOCTC Volatility Pocket Bot on the Pocket Option platform, there are three currency pairs responsible for the most losing trades.

By removing them from our trading entirely, we will be removing a weak spot and that should improve our overall results.

They are:

  • EUR/PLN
  • NZD/USD
  • USD/RUB

The latest settings have them removed, but otherwise you can easily do it yourself.

With the bot Stopped, just highlight the pair that you want to delete and then press Delete on your keyboard.

select row to be deleted

A popup box will appear asking you to confirm the Deletion of the row. Select Yes.

Now you have just deleted that currency pair from your list of trading pairs.

Then go and delete the other ones.

Update to Volatility Pocket Bot settings

There has been a steady decrease in payout percentages on the Pocket Option platform over the last few weeks.

We had all our settings to take trades at a minimum payout percentage of 75% but this has decreased the number of trades considerably.

After experimenting and testing, we are back profitable using a Factor 3 setting for all our Money Managements and a minimum payout of 70%

We have updated all the Forex settings for these adjusted settings and you can download the updated settings from the link below.

Download updated Volatility Bot settings here

We are having good success with the FX_Masaniello_3 starting with $100 and setting our Take Profit at $50 and just running it over and over.

Same with the FX_Compounding_3 and 5% compounding. Start with $100 and set Take Profit at $50.

Try it.

Binary Options Tips

For some strange reason, many people think that binary options is a get rich quick scheme.

Well it is, if you are the broker.

So I guess there is some truth in that, so go and open up a binary options brokerage and you too can take all the money from the people who think it is a get rich quick scheme.

No, binary options is not an easy game but it can be beaten and can be very profitable.

The key is consistency and patience and a big dose of reality.

Just to point out some realities, take Warren Buffet of Berkshire Hathaway, he averages 20 % profit per year.

Bernie Madoff, the Ponzi Scheme fraudster only offered his clients 10% per year and yet they invested $68 Billion with him.

Most institutional forex traders are content to make 5-15% per year.

Those are all the realistic numbers in trading by the big players.

Yet most binary options traders want to make 100% per week or month.

When somebody invests with Buffet, they can give him a million dollars and feel confident that he is going to make them 20% per year, which is $200 000.

Now they could withdraw this amount at the end of the year, but instead they usually leave it with him and start compounding.

So in year two, they start with $1 200 000 and after another 20% that year they now have $1 440 000, so a $240 000 profit and so on and so on until year 5 they will have $2 488 320 or if they left it going , then in year 10 they would end up with $6 191 736.

That is the power of compounding. Of course the longer you can let it compound the better.

Compounding is the secret to a lot of Buffets success, bearing in mind that he has been doing it for over 50 years.

Yet, how often do we see guys investing $50 and hoping to turn it into $200 or $500 in a few days?

It is just not realistic.

This is the kind of hype that scammers use to lure people in with promises of getting rich quick.

It ain’t gonna happen.

What to do?

Firstly, you got to have patience.

Start thinking longer than a day or a week.

You must start thinking in terms of months and yearly.

Secondly, you need to find a system that is going to give you a winning edge.

No matter how small that edge is, it has to be there, otherwise you are wasting your time.

Thirdly, you have to invest enough per trade to make the whole endeavour worth the effort.

Read our page about Profit and Risk to get an idea about this, but ideally you do not want to be investing more than 5% of your account balance per trade and make sure that your account is funded correctly to accommodate this.

Let us say that you started with $200 and traded 5% per trade, then that is $10 per trade.

Now you have a chance of actually making some money.

Realistically, don’t waste your time trading with anything below $5 per trade.

The plan

We already gave you the exact set up and strategy for using our Volatility Pocket bot.

==>> It is over here

We show you there how one of our club members, who started with $200 and made $584 profit in just two months.

That is almost a 300% profit.

Now you really are beating Buffet, big style and it is all run on a trading bot for you.

So all you have to do is set up your account the exact same way and let it run.

Don’t even bother looking at it until a month has gone by.

Just don’t touch it is what I am saying and give it time and space to do it’s thing.

What is the worst that can happen here?

It could blow the account, but lets be honest the trading bot is a better trader than you are and has a better track record than you.

So if anybody is going to blow the account it is probably going to be you trying to trade some half baked trading strategy or jumping from one strategy to another.

So give the bot a chance.

On the other hand it is probably going to perform roughly the same as it has month after month and you are going to show a nice little profit after a month.

Now you could withdraw your profits or let it run and start compounding that amount.

Sort of Buffet style.

You have been given the trading bot and the settings, a cheap place to get a Cheap VPS and all you need to do now is to take action.

So Take Action and get started and a month or two from now, you can be withdrawing a nice little profit or letting it compound even longer could make for a substantial withdraw for you.

But you got to Take Action and get started, otherwise nothing is going to happen.

Winning Settings for Volatility Pocket bot

One of our club members who was one of the first to Beta test the Volatility Pocket bot has offered his trade history and settings for you to copy.

Here is a quick screenshot of the results:

A win rate of 66.25% and Profit of $584.97 in just under 2 months from an initial $200 deposit account

You can download the full history from the link below:

==>> Download History here

This Club member started his live account with an initial deposit of $200 and began trading live on the 1st March 2019.

The results are from the 1st March – 26th April 2019

He began trading Fixed Stake settings and Compounding settings with various Factors, and $5 and played around with some settings, eventually settling on Fixed Stake of $10 with 3 simultaneous trades and a factor of 5 and just let it run.

This has now generated a profit of $584.97 to date.

That is nearly a 300% account increase in almost 2 months.

These are the settings that he used.

his settings
Fixed Stake with Factor 5

You already have this setting. Just load up your FX_Fixed_Stake_5 setting and change the Max Simultaneous trades from 2 to 3.

His suggestions are that if you trade lower Factor numbers to get more trading activity then limit the Max Simultaneous trades to just 1.

If you trade the higher Factors like 5, then you can go for more Max Simultaneous trades like he has at 3, but you could go even higher as there are not that many trades at the higher factor numbers.

He only trades the Forex binary pairs and never trades the OTC. We agree with this. No OTC trades.

He closes down his bot on a Friday and restarts it on a Monday.

He runs it on the Cheap VPS that we all use.

Hope that gives you some ideas and encouragement.

Note

By using the factor 5 and those settings, you will only get a couple of trades per day and some days, no trades at all., while some days you might get a dozen or so trades.

Patience is the key with that setting.

If you want to see faster action go with a Factor 3 setting.

If you want tons of action go below a Factor 3. You can also make your own Factors like decimal points, e.g. you could go with a 2.5 for example. Play around and maybe you find something that works out good.

Update

Please be aware of our updated winning settings.

We discuss it on this post.