Deriv trading platform is one of the most versatile trading opportunity platforms out there. There are no brokers like the deriv platform. You can trade forex, volatility index, boom & cash, auto-trade, etc. And more and more feature is coming. Statistics say that the retention rate of this platform is higher than any other broker. That means those who trade with the deriv platform, they really love it. In addition, you can start trading with minimum capital. It is also a multi-regulated broker.
Along with all the trading styles of this trading platform, the Deriv bot is one of the most lucrative trading styles. When using any deriv bot, you do not need to analyze or review the market in real time. Deriv bot automatically takes trades on your account’s behalf and grows your account daily. We are sharing so many deriv bots to our website; if you like, you can also check Safe Touch Deriv Bot or Low-Risk Manager Deriv Bot.
This deriv bot is created based on the price action movement of the volatility index. This deriv bot identifies the RSI and lower-timeframe market movement and takes trades according.
This deriv bot usually takes rise and fall trades which typically bring the highest trading returns from the market. It follows the market trends and does not usually care about the market’s volatility because all the volatility index assets follow specific algorithms.
This deriv bot works best on the side-way market. If you can monitor the market before you run this deriv bot, it will increase profitability. However, we recommend running this deriv bot only some of the time. This deriv bot works perfectly in the short-term run. Most importantly, the less you are in the market, the better your account. When you are in the market and continuously trading, you can lose your account if the market structure changes.
No deriv bot is perfect. This deriv bot gives some losses, too; that’s why the martingale trading steps are implemented in this deriv bot. So, if this trading robot loses any trade, the next trade will be martingale by two times. This is how this trading robot can be profitable in the long run.
You do not need a significant investment to use this deriv bot. You can start with $20-$50 initial capital. Your starting trade should be $0.35.
As with all the other deriv bots, this deriv bot is also created in XML format. And the XML format trading robot only works on the bot.deriv.com
You can make consistent profits using this deriv bot; however, you need to test this deriv bot multiple times before going to the real account. After testing, if you are happy with the results, you can go to a real account and make profits running this deriv bot. You can find all the details of this deriv bot from below.
How to Start:
Step 1: Deriv bot Registration: https://provenbinarybot.com/Bot
Step 2: Go to bot.deriv.com
Step 3: Upload the downloaded .xml file
Step 4: Run the bot
Step 5: Make Money
Recommended balance is $50
Initial Amount: $0.35
Stop Loss: $50 Target
Profit: $1-$2 (You can use more, but making 5% is already very good)
Please watch this trading video after download