How to Create Expert Advisors for trading Binary Options

You can create an Expert Advisor for trading Binary Options given only your binary options broker supports MetaTrader4.

The software we are going to use for creating EAs is a simple builder that everyone can learn to use without programming skills. The software can be used for free in order to create indicators, but in order to build EAs, you have to pay a one-time fee.

Specifications of the Web Application

Expert Advisor Builder is a pure web-based app without the need to install any software. The application is designed as a tool for transforming ideas into fully automatic trading systems. The important thing is that there is absolutely no need for any programming skills. Even if you don't know what an Expert Advisor is you will be able to build one in a matter of days. What is very important too is that EA Builder is 100% free for creating indicators.

The application develops Expert Advisors that can be used on three platforms (MetaTrader4, MetaTrader5, and Tradestation) in order to trade any financial asset that is listed on these trading platforms (Currencies, Stocks, Indices, Gold, Oil, etc.).

Although the application is built on a friendly graphical interface there are also tons of tutorials that can help traders solve their problems, and that includes text and video tutorials.

■ Free application if you want to build indicators

■ 97USD if you want to create Expert Advisors

We suggest starting with the free application and then upgrading.

» Expert Advisor Builder for Binary Robots

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EA Name: Forex Diamond Robot

Platforms: MT4 and MT5

EA Type: 4/5 Digit | Scalping 4 Liquid Pairs

NFA-Brokers: Yes

ECN Brokers: Yes

Price: $207 (one-off)

License: (1) Real Account License and several Demo Accounts

Introduction to the Forex Diamond Robot

The Forex Diamond is an MT4/MT5 Expert Advisor that trades 4 liquid Forex pairs on all market conditions. The robot's algorithm includes 3 different strategies (Trending, Ranging, and Scalping strategies) and several filters to protect your account (spread, slippage, etc.).

» Visit the Forex Diamond Robot

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Trading with Forex Robots

A Forex Robot or else an Expert Advisor or else an EA is a tiny piece of software that suits your Trading Platform (mainly on MetaTrader) and trades automatically on your behalf. Forex Robots are incorporating algorithms to measure and evaluate intraday, daily, or long-term price trends. Usually, Forex Robots combine several tools to measure the master trend and optimize entry/exit points using a combination of Forex indicators. Money management and a stop-loss order are also included in their core algorithms so that they can limit the loss potential. Forex robots can trade 24-hours per day using a computer that is continuously turned on or using a VPS Forex hosting (recommended).

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Robot Name: WallStreet Forex Robot

Robot Platform: MT4 / MT5

Robot Type: 4/5 Digit Fully Automated Forex Trading

NFA-Brokers: Yes | ECN Brokers: Yes

Price: $299 (one-off) | Gift: Omega Indicator (worth $97)

WallStreet Forex Robot Trading System

The WallStreet Forex Robot is a fully automated scalping system designed to trade exclusively Forex. The WallStreet Forex Robot is developed by a team of professional software developers and Forex traders. The Forex Robot can be used with any MetaTrader4 or MetaTrader5 based Forex Account. The WallStreet Forex Robot is designed especially to trade popular Forex pairs which are offered with the tightest spreads, such as EURUSD, GBPUSD, USDJPY, USDCAD and USDCHF, AUDUSD, NZDUSD. Additionally, the robot incorporates a High-Spread Protection system that filters the spreads continuously and protects traders against surprising increases of spreads due to high market volatility.

» Visit the WallStreet Forex Robot

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