AutoBinarySignals ReviewVisit Website
- 60 day money back guarantee
- Mixed Results
|Price: FWFB||Signal Type: Software Algo|
|ITM:||Signal Execution: Auto Trader|
|Signal Delivery: Direct to your broker|
In this video, I’m reviewing AutoBinarySignals. That’s coming up next.
So some pros and cons of the AutoBinarySignals software are the pros are that it accepts US traders. So as the software is web-based software you basically choose your own broker. It works with any broker. So you just basically choose a US broker if you’re from the US and then you’re good to go.
So they offer one-minute, two-minute, and five-minute signals. And they also offer 15-minute, 30-minute, and 60-minute signals. So that’s a pretty comprehensive signal service. They also offer a 60-day money-back guarantee, which is a very good offer. You can also use your current broker. Or when you actually get your subscription to the actual service you can actually choose one of their brokers as well.
But they both work independent of each other. Meaning you’d have to have your logged into the AutoBinarySignals web page and also logged into your broker, and then just have them set up side by side. There’s no actual integration like some other signal services out there. They also have a daily proof of their signal history, so you can actually see how they’re going. Their record at the moment is at 90% plus signal record.
So some cons are they have a very annoying sales funnel. So you’ll see this when you’re actually joined. You’ll be repeatedly prompted to upgrade to the various add-ons. They also have a pro-signal service, and they also have an automatic trading option as well, where you can actually tell them just to automatically trade your account with their signals. But all this is actually continually in your face until you actually get to the actual last tip of buying the actual subscription.
I liken it to, if you’ve ever joined or if you’ve ever tried to purchase a flight online, some of the cheaper flight services that they constantly giving you upgrade offers, and hotels offers, and things of that nature. This is very similar. So if you can just put that to the side and just keep clicking no thanks and go to the next step, get to the next step, you’ll actually get to the point where you can actually subscribe to the software.
So some company information. They’re based in London. They were founded last year. And that’s their contact email, just [email protected].
So getting onto the actual software. So the software itself is actually just web-based. So actually you just log in with your user name and password in any browser. The expiry times there, the signals are offered on pretty much everything, from one minute to five minutes, from 15 minutes to 60 minutes or one hour.
Because it’s web-based, it can work on your mobile or on your tablet. I highly recommend using this on your desktop. It’s just going to be easier to have two windows open to do your trading.
So the option types are just on your High/Low or 60 seconds, just your basic vanilla options. And they offer every single asset that there is. We recommend, and they also recommend, that you actually join a couple different brokers. Because sometimes a single might fall through on a particular asset.
But for some reason your broker, your first broker of choice isn’t offering that particular asset in that point in time. Whereas another broker will. So it’s always good to have two brokers fro backup. And like I mentioned before the accuracy of their signals is apparently around 805.
So how much does this cost? So the main ABS software is a $97 purchase. So this is a one-time lifetime fee and you have the software for life. They also offer a 10-day trial at $5, which is quite good as well. So I’ll move on to the various upgrades that you can do.
You can upgrade to their PRO Signals service and that’s $210 a month. And what you get in the PRO Signals is you get more indicators used for the signal, so they’re more accurate signals. And they’ll actually even guarantee perfect signals that can’t lost in this service.
You can also upgrade to the Strategies upgrade, which is just more information to help using the ABS software more effectively. You can also upgrade to the PRO Training videos. So this is exclusive videos that really give you better insight on how to use their software more effectively.
So I recommend probably initially just doing the 10 day trial and then upgrading if you liked it after 10 days. And just buying the main software and just upgrade it as you like it and as you get better at using their software. The purchase options can be just Paypal or credit card.
So what brokers should you use with AutoBinarySignals? Well to be honest, use any broker that you’re comfortable using. I recommend using it on the Spot Option or the Tech Financials software. The main reason being is they actually offer all the various expiry times that the AutoBinarySignals matches up to.
So on the Spot it’s going to be GOptions and Redwood Options for USA traders. And Banc De Binary and Option Rally for the rest of the world traders. On Tech Financials I recommend 24option and BossCapital if you’re from the US. All right guys OK, so when you first log in to the AutoBinarySignals you’ll be taken to the default dashboard. This is sort of how the screen looks.
You can see here that my subscription is only activated for the AutoBinarySignals service. And you can then upgrade to the other strategies, training, and other PRO signals that they offer. So to start using the AutoBinarySignals service you click on the main ABS tab in the top menu. And here you’ll start seeing signals getting alerted through.
There’s two ways to know that a single has come through. So basically if your sound’s turned up you’ll hear a little bleep. And the other one is actually just on the screen you’ll see a countdown. So when a countdown starts it means that you should actively trade that signal. So to get access to the one-minute, two-minute, and five-minute options you’ve got to go to Option Type and click that tab. And for 15-minute, 30-minute, and 60-minute options, you click this tab here.
Also if you scroll to the left side where there’s a little lightbulb that means there’s an active alert happening. So we’ll stick on the one-minute to five-minute options. And apparently see there’s one alert that’s got three seconds left to trade.
So one little tip that you should note is that usually when an alert happens they suggest a three-minute countdown to use it. You should try to execute your signal as soon as it comes through. But no later than less than 60 seconds. If it gets into the 60 seconds you’re probably better off passing up on that one and going to the next one.
So it’s very easy to use. When a signal comes in you basically see the asset, then you’ve got which way the arrow is pointing is which way you’ll do your call or put. So if it’s an up I’ll obviously call. And if it’s a down arrow it’s obviously a put. Then you’ve got your single time out which is the countdown to when you should execute.
So here we go. One’s just come in now. It’s New Zealand USD asset, they’re suggesting an up call will have an 85% recommendation that this is going to be a winner. And so this countdown has happened. So right now you should go to your broker and basically buy that option.
If this signal gets down to less than one minute to go they recommend just to pass up on the signal. You’re probably going to be risking it too much that it could actually be a loser. There’s also another correlation which is actually another asset that you can use to trade with.
So you can also click on Details and get a bit more information. So you’ll see the different indicators at this particular chart is actually fired off. So all these indicators that they use to recognize whether they think there’s a good opportunity in the market. And then there’s this middle chart here. So you can get a bit more details as to why they think this particular asset at this point in time is worth trading.
So you see here that since this went off it’s about a minute left to go, this particular indicator actually has turned into yellow. Meaning that it’s not as strong indication anymore that this is going to be a winner. So if we bring up the 15 minute, 1 hour charts, same deal here. You’ll probably get a longer signal time out opportunity to get in.
That’s pretty much the same set up. You’ve got your indicators here, 87% recommendation that this is going to be a winner. We’ve got three minutes left to call this. All right, so the next part of this video is that we’ll actually trade some signals.
OK. So signal’s gone through here on the USD Japan. Next you’ll see there’s also a correlation with the British pound USD. So we’ll go to our broker. We’re in the 60-second option. So we’ll find the USD Japan. Its suggesting a down. So that’s actually been put in.
Because we also can do a five-minute one or up to five minutes, we’ll also do a two-minute option. Also it’s going to be down, so that’s gone in. So we can have a look at our open positions. And so you can see here USD Japan, down trend, bring up more details.
It has four different indicators. So we’re just following this through. Looks like they’re both winners at this stage. OK. So the first one was a winner, the 60-second option. There’s still another 60 seconds remaining on the two-minute option. So we’ll go back into the main menu.
So another one just came through just then. Platinum, another also down trend, 90% success rate recommended, or probability on that. So there’s a few alerts coming through right now for various assets for the range of 15-minute expiries to one-hour expiries. Also some correlations there with other assets.
It is a manual use but it’s very, the usability is very easy. It’s very easy to see which signals to use, to come in. Clear indications of when to use the signal, when not to use the signal. As long as you have your broker open and you’re ready to go and fire up the signal straight away you’re good to go.
So if you have any questions about AutoBinarySignals please comment below this video. I’d like to know if you have used AutoBinarySignals and whether your experience was a good one or a bad one. If you have actually tried AutoBinarySignals please post a comment and let everyone know how you went with the software.
Was it a good buy? Did it actually work? Was there any tricks or tips that you can recommend to other buyers out there looking at this video and thinking whether they should actually go with this service?
So thanks for watching our AutoBinarySignals review. Please visit our website for more signal reviews. We also have a binary options course and e-book. We also have a FOREX training course.