USER MANUAL FOR PROFITRON
Most probably you'll be reading this post after you have activated your licence for the bot.
Getting Started
Before knowing how to use the bot, you must know how this bot works. Profitron is one of a kind bot especially designed to provide predictions for BINARY TRADING. It uses multiple technical indicators designed by our team to provide best signals and predictions. One can get up to 95% accurate predictions by understanding how to use these signals.
How it works ?
On the main interface of the bot, you'll receive predictions in form of messages from bot. For every signal received, there will be two parts:
- Image of the signal
- Detailed information for each signal
Image of signal
By viewing the image of the signal, directed imported from server of bot you can easily analyse and get quick overview of the market. image consists of
- Symbol / Pair name
- Arrow to indicate direction of prediction
The CALL / UP signal is represented by a white up arrow whereas PUT / DOWN signal is represented by a pink down arrow.
Detailed Information for each signal
For each signal bot gives a detailed information in form of message, the message consists of
- Market - name of currency pair
- Spot - price at which prediction is made
- Entry -Time at which prediction was made (UTC + 0 / GMT + 0)
- Direction - direction of the prediction
- Expiry - best suitable time for your trade expiry
It also consists of some tips mentioned separately which one must follow to be a successful trader
Buttons on dashboard
On main dashboard of the bot after activation you'll find 8 Different buttons. each button has its specific purpose described below:
- Pause / Resume Bot - Pauses and resumes the incoming signals on you Profitron account
- My Subscription - Shows the expiration date of your licence
- Custom Pairs - Allows you to get signals for selective currency pairs
- Contact - Redirects you to quick help centre
- Channel - Redirects you to official telegram channel
- Tutorial - Redirects you to user manual webpage
- YouTube - Redirects you to YouTube channel
- History - You can find history of previous trades here
"CUSTOM PAIR" Button
Not every trader prefers to trade too many currency pairs at a single time. Getting too many Signals from over 25+ consistently can be a mess for few traders. CUSTOM PAIR button allows you to get signals for only those pairs which you want! You can set the bot to custom pair mode by pressing CUSTOM PAIR BUTTON. After that you'll need to configure settings for your custom mode by pressing "CONFIG CUSTOM PAIRS' button.
Once you have clicked "CONFIG CUSTOM PAIR", the bot will send a message showing you a list of active pairs on server.
Press ADD NEW button to add a new pair to your configuration.
Press DELETE button to delete the unwanted pair from your selection!
List of your Chosen pairs will be shown at the end of the message.
⚠REMEMBER: Bot accepts pairs one by one, so you'll need to send pairs one at a time whether you're adding them or removing them!
Once you've configured the pairs correctly, you'll start receiving signals only for the pairs you want!
SETTING UP BOT TO START TAKING YOUR FIRST TRADE
For visual explanation watch the video tutorial given below!
IN ABOVE VIDEO AND BELOW DESCRIPTION, DESCRIBED PREFERRED SETUP THAT ONE CAN USE FOR TRADING WITH PROFITRON. YOU CAN MODIFY BOT AND ITS SETUP ACCORDING TO YOUR SATISFACTION! DO NOT GET STUCK ON WORDS!
Setup your trading screen as shown in the image below, feel it simple to use because you get signals on left side and I can simply execute them on right side!
SETTING UP CHART ON BROKER
Using 5 minutes candlestick is more preferred cause they're more stable than 1 minute candlesticks moreover most of the predictions you'll receive from the bot will be of 5 minutes expiration thus providing easy to analyse predictions!
USING A FILTER INDICATOR
It is not advised to take trades blindly! 95% Traders loose their money in Binary Trading cause they become completely dependent on the system and tools they're using! NO TOOL OR INDICATOR IS CAPABLE OF PROVIDING A 100% ACCURATE PREDICTIONS, using your own brains is compulsory in every case.
Here, We prefer using BOLLINGER BAND Breakout as our filter indicator, its easy to use and increases accuracy of signals to great extent!
Parameters for Bollinger Bands
Period : 20
Deviation : 1.5
Application:
We take trade for only those signals from Profitron, when the price is outside upper and lower band. As you can see from the image below, every red arrow represents the candle at which price breaks out of the bands, market outside the bands is ideal condition for taking trades from Profitron
NOTE: Using Bollinger band is not compulsory, it is suggested to use Bollinger band breakout cause it was the best indicator that suited the Profitron's signals. Although the quantity of signals may decrease but one's accuracy may also increase.
Other filter indicators that can be used are
- Relative Strength Index
- Stochastic Oscillator
- Aroon
- Moving Averages
RESTRICTIONS!
- Never Trade before and after 30 minutes of MAJOR NEWS TIME
- Do not trade at unstable markets Which mostly occur when FOREX MARKETS re-opens i.e. 0 UTC or 0 GMT.
- Do not Trade on extremely huge candles, huge candles represent incoming news
- Last but not least, avoid taking too many trades on a single day. Making 10% daily will be enough to result 900% in 30 days!
Broker
Signals from Profitron work on forex markets, So you'll be needing a Broker that offers you to trade Binary options. Some suggestions are
- IQ OPTIONS
- OLYMP TRADE
- BINOMO
- DERIV
- INTRADE BAR
- Nadex
We suggest you to invest your money in reputed Broker. Some brokers manipulate their market charts thus users have more wins than losses! A regulated broker never cheats and we warn you to not get carried away by the filthy offers they make in form of bonus (We are yet not affiliate of any broker!)
Helpful Links:
website: https://profitron.org/
YouTube: https://www.youtube.com/channel/UCAPGEKK0y_Yy6kAISA7J8tQ
Telegram: https://t.me/channel_profitron
E-mail: [email protected]