hey guys what's up this is Jay from
Sentinel Trading channel and welcome to
another follow-up episode on the binbot
pro trading test so if you guys haven't
watched my previous episode remember to
do watch it as well it's very important
but you can either watch it after you
can watch this one first the link on the
previous video will be on your top right
corner of this video or you can actually
check it out on the Playlist at the end
of the video so what I'm going to cover
today in this episode is on the follow-up
on my previous episode after the 66
trades and I've actually further test
with another 30 trades and you guys will
check out how my setting is performing
after the next 30 trades and just
for your information is a completely
random test on a completely different
currency and what I did was I actually
tested it on I turned on the robot for a
couple hours and leave it just to
collect more data in order for me to
optimize the settings because a lot of
you guys are asking for my settings and
before I wanted to pass the settings to
you guys I actually should test here on
more random points to actually optimize
it alright so basically this what I'm
going to talk about in this particular
video and also how to exercise more
control over this automated trading
robot which do provide although it does
most of stuff for us but it is quite
limited in a way especially in a
decision-making process of a trade
alright and lastly I've been receiving a
lot of email especially for those that
are already using a binbot pro on whether
you guys actually should withdraw now or
continue testing this software using
my latest settings well I actually
talk about it in the end of this
video so make sure you do check out the
whole video and before you continue to
or to watch this video
do you remember to subscribe to my
channel and like this video as well and
turn on the bail notifications so you
guys will receive the latest update
alright so see you guys in the next
segment
[Music]
[Applause]
you guys what's up so what you see in
the screen is the bin bot pro trading
platform and if you guys followed my
previous episode my previous video I was
standing at five hundred and ninety
dollars balance and right now is down to
four hundred and seventy six so what
happened was let me show you an Excel
chart of what happened so initially when
I've just started investing in binbot
Pro with the five hundred dollar account
while following the robot that was
recommended and the let's say the top
ten robot here I've tried the [RSIMA
cross] we supposedly have the highest
profit and I saw the [rising east
v1.2] as well as the [strong US]
those robots didn't really quite work
out for me so what happened was I tried
it with 500 and then it went terribly like
down to two hundred so in the previous
episode off on my video I was saying
that I've created my own robot to
actually counter this effect so and
luckily the robot that I created with my
own settings worked very well and bring my
balance back up to about 590
then so what I was mentioning and the
previous episode is I want to as further
optimize my settings and also to test it
in other market conditions let's say
dated on the 21st which was yesterday
and so I've chosen a different pair of
currency so during this rise up here
I've tested it with the euro/USD pair
and the gbp/usd so what I've decided to
do is to test it on a euro JPY pair
which is a bit rare and on a completely
random timing so what I did was I turn
on the robot from this point and don't
and leave it on for a couple of hours to
see how it reacts so that's the only way
that I could actually know the weakness
in the settings that a lot of you guys
are actually asking to for me to share
the settings for you guys so before I
actually want to share those
for you guys I would want to find out
more about the settings on a completely
random test so I can further optimize
the test so it may actually work well
for one day like for as you can see this
rise and it may work only for a certain
pair but I do believe that as a trader
we probably can optimize our settings so
to be honest the test actually ran
pretty ok as compared to the top 10
robot that actually caused this rather
huge dip on the left here so even though
this test cost me about 120 dollars but
I think it's worht it because
I discovered some some parameters set of
parameters that we can further optimize
in the [binbot pro] robot alright so so
let's go back to the test robot here so
as you can see so my advice on the
previous episode is not to use the top
10 robot like the RSIMA cross which
recommended for 500 as well as the
rising east although it says like lower
balance but none of them actually says
is $250 so I'm trying to actually come
up with the setting that works for lower
balance and perhaps some sort of
strategy for traders that have low
balance to better control of using the
[Binbot pro] trading software alright so
um let's take a look at my trading
history to further illustrate what my
test result was so as you can see
my test was mostly actually just euro
jpy as I said I've chosen a random
currency and tested it for a couple
hours except for this one this one was
euro USD I was trying it out ya I was
trying it out on a euro USD and it
worked for one pair and
it worked once okay so I started my test
from 1:00 p.m. GMT up to let's see 6
p.m. GMT okay so what happened was there
was a series of loss over here that
was a major contribution of my
decline in the balance so if you can see
the initial part did
bring my balance from 592 to about
376 down here and then there was a
winning streak over here that brings my
balance back up to about five three
seven and then another three
losing streak and two losing streak here
and then like up and down so sorry guys
there's an error getting my recording so
you guys can probably notice that for
sure it is better than the intial robot
here although this is a random test I've learned
that the most important in using the binbot
Pro is obviously to avoid
losing streaks so let's say like
three losses in a row definitely
brings our balance like a lot down and
then another two loss in a row probably
bring it down a little bit more like
from here to here and then yeah so the
aim of this test is to try to identify
is there a way for us to further control
our trade execution and avoid losing
streak so essentially that's the key to
growth so like I've said I've
actually managed to identify the some of
the points based on the settings I am
going to share to some my subscriber
that actually asked for it
and the setting seems to work well with a
certain market condition so in
order to illustrate this because
obviously this is pure numbers so I've
actually gone through the Euro jpy chart
let's say I've started trading at about
let's see it 1 p.m.
[Music]
yes about one forty one
forty-three p.m.
you know sorry about one
p.m. yep so about here alright so the
ear is a circle is the areas that I've
got winning streak
so the losing streaks one let's say it
in that's a from 2 p.m. to 2:40 p.m.
to 240 let's see 2 p.m. to 2:40 alright so
like this region on the far left
we want to avoid and then we will focus
more on the circled region where I got
my winning streak from so the first
winning streak was about 2:42 - let's say
3:18 2:42 it's about here to here this
region here and then the next one would
be let's say 3:40 about this region so
you guys get a point I highlighted the
regions on this price chart for EUR/JPY
right here so I guess that you know
the key is to avoid conditions that will
give us a losing streak and let's say
assuming that if I didn't get the losing
streak my balance would still probably
more than 500 so which is what my next
episode is going to be all about so do
remember to subscribe to my channel to
actually you know and get an update of
the [binbot pro] as I will continue to
test this software so basically what I
notice is one important area is because
one of my settings do involve RSI levels
and I've noticed that the best to be
like more conservative and aim for the
highest success rate is to wait for the
RSI level level to be above let's say 70
or below 30 which is over here as you
can see the first region here we have
for RSI and that is above 70 the higher
the better it is like 80 is even better
so that's when you turn on your robot
and then maybe you take like one or two
or perhaps three trades for it to
execute here but
probably suggest that you just take one
or two trades whenever the RSI level hits so
although this one I've got like maybe
two winning streaks from this region but
the RSI still in the middle so and look
at the next region the next RSI level
with let's say above like 70 again and
then I've got another winning streak
here so let's say this is about 5 p.m.
let's see with 5:00 p.m. 5:00 p.m. yeah
four winning streaks here so that's
just awesome alright so another one
let's see another RSI level got we
passed 70 and then you turn on the robot
we can actually get another winning
streak
so based on this test this would be
my conclusion to further add more
control into your [binbot Pro] trading
progress is to wait for the RSI levels
well as for the exact setting I probably
would not want to share this video here
because I may change it over time and it
might actually change based on the
market situation I might further
optimize it so because the video is
going to last way longer on YouTube and
traders new traders maybe a couple of
months down the road might actually look
at a video which the settings may not be
working very well at that point of time
so I do suggest that you guys contact
me in the email and on the screen you
see in front or just add me on skype so
you guys just hit me up and I probably
suggest the best settings for [binbot pro]
at that point in time or at any point in
time which I am currently testing
alright so I think that's all for
like what I'm I found out about my test
like I say I don't think that this test
would signify that it is really bad its'
actually holding at a certain level
about 400 and and also this test was on
a completely random currency as well as
in I did not interfere with the trading
time I just leave it on for a couple
hours just to collect more data
I think obviously it works way better
than five hundred to two hundred bucks
we see this decline here this is
just like a massive failure most of the
users that email me about settings
probably are in this stage right now so
I would actually attend to the question
because I've got actually two major
questions that I would like to attend to
in this particular video one is like
okay what's the best setting for the
binbot pro and the one that I'm using
that is working for me there and the
answer would be just contact me and I
would actually share what I found during
my test and the second question is that
I get is like okay some traders is
telling me like you know they've tried
the top ten robot and they
actually probably wasted a lot of
revenue like in this phase and then they
were asking you know should I withdraw
my funds or just use my settings alright
so and the answer to that is I would say
that that answer it is for you to decide
because like for me this $500 test on
the binbot pro I personally can
actually afford the test but for let's
say traders that are running on low
funds and I would say that by now you
can see binbot pro
it's a automated trading robot so
therefore the decisions and the trading
executions you have totally no control
except for changing the settings so and
me as a trader and some of the treats
that was executed on the [binbot pro]
trading software I may personally
disagree with the trading setup but
sometimes it wins & sometimes it loses so
therefore the lack of control is just
like quite limited or it is just what it
is because it's a trading robot so and
that's why I suggest that if you look at
a price chart and activate a robot based
on the RSI levels at a point in time and
do take note that it is based on my
current settings which I will share for
those
subscribers that contact me directly on
email so as I was saying so it is up to
you guys if you think you can afford
that such a risk using binbot pro I
would say binbot Pro is trading options
and options will allow you a super-fast
payout within a short time as compared
to a normal conventional CFDs
so that's why you see like maybe my next
day I can actually add another two
hundred dollars we should bring my my
balance up I don't know which there is a
high chance but there's also a high
chance that it could work against me so
if you guys personally can afford such a
risk and you guys can continue testing
the binbotpro by all means you can do
it all right so so but if you guys are
traders that prefers a more
controled environment where you can set
like you can decide and analyze the
market situation and a market price
first before you execute any trade I
would say binbot Pro is not really a good
way to actually put your fund in one
because it's trading options options
have high risk but also potential high
return is there but so if your account
is actually a small account you guys are
less likely to actually last the lose
streak that may happen in the future
before your account get to actually grow
due to the nature of option trading so
you guys would be better off trading
longer-term signals you guys can
actually refer the signal to from me as
well I personally prefer to create a
longer term signal maybe that lasts for
a day or maybe half a day maybe we'll
just take one swing and we exit the
position or maybe like when the price
are trending on the daily chart we can
actually hold the position for a couple
of days before we close a position for
profit so that's my personal trading
preference that's if you guys are
interested you guys can contact me
through email or Skype as well and we'll
probably talk about it and discuss what
we can do based on your current
situation well as for binbot Pro I still
have confidence that it will
work I guess the settings and the
optimization I am excited to actually
test it again and there it should be a
higher chance when I probably take care
of my execution based on the RSI level
using my particular settings all right
so I think that's all for this video
remember guys if you guys are interested
in the settings that I'm using for binbot
Pro do email me or Skype and then we
will actually talk about it right okay
so I do get a lot of emails lately so
please be patient
I do I will respond to you when I'm done
responding to other emails or skype
messages alright so that's all for now
so trade safe and good luck

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