Deriv is one of the most versatile trading platforms out there. On this platform, you can trade forex, binary, AI robot, and SmartTrader trading. On the other hand, you do not need significant capital to start trading using this platform. However, it would be best to have a profitable trading strategy and mental toughness to become profitable on this platform. Remember that trading without proper psychology loses money.
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As with other trading styles and platforms, you can use the automated tools inside the deriv platform. You can create your trading robot on your own with simple drag and drop on the deriv bot area. On the other hand, you can also use other people’s deriv bots if you find that particular robot profitable for your account. We are sharing so many deriv bots on our website so that you can test as many deriv bots as possible; plus, we have a combo offer where you can access all the deriv bots we have. You can also check, Pulse Up-Down Deriv Bot or VIT Premium Put Deriv DBot.
This deriv bot is created based on the price action trading strategy of the volatility index trading asset. We all know that price action and SnR trading strategies are the most used and profitable trading strategies online.
So, the complex price action theory is implemented in this deriv bot. Before taking any trade, this deriv bot analyzes the market trend or momentum to follow the order flow. If you follow the order flow, you can make big if correct.
We all know you cannot find anything 100% in the trading world. And this deriv bot does not give you profit all the time. For this reason, martingale trading steps are implemented in this deriv bot. It means after losing any trade, this deriv bot takes two times higher trade until it wins.
In this way, this deriv bot makes a big profit at the end of the session. When using this deriv bot, we recognized that this deriv bot could go a maximum of 3-5 martingale steps in each session.
You can use this deriv bot if your account balance is at least $50. You must start with $0.35 trade. And you must monitor the robot in real-time.
Using a volatility index asset for this deriv bot would be best. You can use this deriv bot bot.deriv.com only.
After testing, we can say that you can make more than 10% profit in each session. However, testing this deriv bot on your practice account multiple times is wise. After you are happy with the results of this deriv bot in your practice account, you can go for the real account and make a profit.
We also recommend starting small and growing your account over time. Happy robot trading!
How to Start:
Step 1: Binary or Deriv bot Registration: https://dboty.com/Deriv
Step 2: Go to bot.deriv.com
Step 3: Pick a volatility index to trade
Step 4: Trading according to the strategy
Step 5: Make money
Recommended Settings:
Recommended minimum balance is $50
Initial Amount: $0.35
Profit: $1-$2 (You can use more, but making 5% is already very good)
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Binary Deriv Bot Live Testing Video
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