IQ Option Robot
Before you begin using IQoption Robots feature, traders have to open IQoption trading account if they don’t have it or they can activate the feature on existing account. The great advantage of IQoption is that traders are allowed to practice on a demo account first.
Once a robot is created by a user on Robots.IQoption, it is available for all in the robot catalog. However, only the creator can see modify the robot algorithm. Robots in the catalog are categorized into; the most profitable and the most popular. One can peruse the robots available and select one or more on the basis of profit accumulated, percentage return, and drawdown.
If you want to create your own binary options robot, then you have two options as well: use a wizard (perfect for beginners) or pick the more complicated constructor. We will look into details on creating a binary options robot at IQ Robots platform using their wizard. Wizard consists of 4 steps: selecting the strategy, trading preferences, testing and finally publishing your robot in the IQ Robots catalogue.
IQ Option Robots Constructor offers traders to choose between following:
- Indicators: trend, oscillators and other
- Strategies: signals, filters, standard blocks, my blocks and other
- Tools: information, logical, mathematical and trading
Process of creating Constructor Robot is guided with video tutorial, for traders to understand it better and benefit from it. Pro traders have enough trading knowledge to use a variety of indicators and strategies to maximize profit.