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What is OptionBot Pro?
This is 3rd incarnation of the worlds first Binary Options Trend Indicator which allows users to monitor the activity and 15 Currency Pairs with live real market data and customisable alerts, allowing the trader to identify trades with ease, and without having to have multiple computer screens.
Following its initial launch on October 12th 2012 as a downloadable application only available to Windows Users, OptionBot’s global appeal and demand saw it become redeveloped as OptionBot 2.0 which was launched on June 30th 2014 and has since been considered to be the “go to” trend indicator for all serious binary options traders.
Option Bot 2.0 Was available as a web based application as well as being available in the Apple iTunes App Store and Google Play Store.
In late 2016 OptionBot 3.0 wa developed by leading software company TrendXpert and Fibi FX to bring you a seamless single interface trading system, which includes a $1000 Demo account so that you can learn how to trade on Live Markets without risking a penny.
OptionBot Pro is the advanced version of Optionbot 3.0 with additional functionality and an extended user interface.
Support and Resistance Trading
Option Bot Pro is designed to be the perfect tool to trade on Support and Resistance Trading conditions. This is where the software algorithm is scanning for “resistance” and “support” trades, where an asset cannot break past a certain price thus creating an opportunity for a highly likely reverse trade.
What is Resistance?
Resistance is where a price cannot break past a ceiling.
What is Support?
Support is simply the reverse of Resistance.
How to Spot Resistance & Support
When you hit resistance, place a short term PUT trade, and when you encounter support place a short term CALL trade.
There are additional 60 Second Sniper features on OptionBot 3.0 which use an advanced algorithm to help identify these trades, however always reference the charts prior to executing a trade.
OptionBot Pro – Trend Settings
OptionBot 3.0 allows users to set the PIP and Time Frame Parameters to alert traders to Opportunities for the following trends.