While adding in some more trades to our copy trading on Pocket Option last week, with another instance of the bot, we accidentally set our trading amount to $100 instead of $10.
Fortunately, this ended up positive for us, but it has now distracted from our trading history with just the $10 per trade amount which we used so that you could easily see what your returns would have been in comparison to a $10 trade amount.
Our trading is now showing a profit of $585, but it should only be $369.70 if we only had the $10 trades since the start of trading on the 16th July 2019.
What we have decided to do starting from today the 5th November 2019 is to trade 5% of our account balance per trade.
This is actually best practice as far as money Management is concerned trading binary options and our copy trading software automatically calculates the amount to trade per trade.
So going forward we will start our trading history afresh from today 5th November with a starting balance of $585.30 and trading 5% of our balance per trade.
You can always ask us to copy trade any percentage of your account balance for the copy trading with Pocket Option.
We have finally updated the Volatility Binary bot to include the option of Trend Following.
Left unchecked, when the bot enters a trade it will be a reversal trade or No Trend Following.
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.
Then you could have the other instance of the bot trading with Trend Following and Trade On News and trading around market opening times.
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.
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 18.104.22.168 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.
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 22.214.171.124. 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: