Estimated reading time: 2 minutes
Last Updated: 03 June, 2017
As you may already know, we rarely approve most automated trading bots on valforex as many of them turn out to be absolute nonsense and outright garbage because they make traders lose 90% of their investment within a short time. But the one that has captured our attention because of it’s amazing profitability and outstanding performance is the Super Simple Bot which you may have already heard of.
To learn more about Super Simple Bot and how it works, please visit this page.
On this page, I’d like to show you the exact settings i use to get amazing results with the bot but please be aware that my own results may differ from yours as individual preferences may vary. This is perfect for beginners as professionals may cherish using their knowledge in the binary options field to use the manual trading feature or combine it with the automated trading option.
First, you have to sign up with the bot. Remember to always select your preferred language from the drop-down list at the top right hand side but if your language is English, then you may not need to bother about this as English is the default language.
You’ll have to fund your account with your assigned broker’s account by clicking the deposit money button within the bot. We recommend a starting capital of $500 and above for the best possible results.
After funding your account, please do not click on the auto trade button just yet. First, go to the settings section and tell your bot the settings to use for trading on your account. Below are the my recommended settings (you are free to adjust your own settings the way you want it):
Expiry: 5 Minutes
Max Simultaneous Trades: 2
Currencies: Tick EUR/USD, GBP/USD, USD/CAD
Indicators: Tick MACD, RSI, STOCH
Sometimes, the bot will tell you that the maximum simultaneous trades have been reached. In this case, you’re free to change it within the settings section to your desired number. Also, you can change the trading method and indicators used at any point during an active trading session.
Go back to the Overview section and now push the Auto-Trade button and the bot will wait for trade signals to arrive and then execute it within your account.
You’ve basically done all you have to do. Now, leave your computer on and watch the profits roll in!
You can trade manually as well using the signals section by just clicking the “Trade Now” button on the associated currency pair.
When it’s time to withdraw your profits, you simply click the withdraw button and it will redirect you to your broker page where you’ll input the amount you want to withdraw and submit the request after which the withdrawal will be processed.
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