Deriv is a new-generation platform where you can trade whatever style you want to use in your trading journey. We all know that trading is hard, and you can lose your savings if you do not follow money management. However, if you have a proper trading strategy and emotional control, you can earn a living full-time.
In recent years, there are so many trading tools and strategies have been invented. And you can get benefits using those trading tools in your trading journey. You can also use the Deriv bot platform to automate your trading journey. You can find many deriv bots on our website; you must test some to find the best for your trading mentality. If you like, you can also check Beam Up Down Deriv Bot or Array Deriv Bot.
When you are trading manually in deriv binary or SmartTrader, you will see the five ticks trading strategy usually brings most of the profits from the market. If you have a great system on this trading platform, you can also make profits consistently.
This deriv bot is created based on the rise and fall of the SmartTrader platform so that this deriv bot can bring maximum profits from the market, apart from that complex price action with an RSI trading strategy also implemented in this deriv bot.
All the trading methodologies inside this deriv bot surely bring maximum profits from the market. However, no trading robot is perfect for making profits. Sometimes you can lose using any deriv bot. If you cannot bear the loss of the trading and go for big with revenge trading, you will lose big.
So, it would be best to accept that losing from trading is normal and not go for revenge trading. In this deriv bot, when this robot loses any trade, it uses martingale trading steps and still wins. So, this way, this deriv bot recovers the previous loes and makes good profits from the market.
We recommend running this deriv bot or any deriv bot for only a few days. It’s a brutal truth that when any trader loses money in the deriv platform, the deriv company makes money. So, it’s wise to stay as less time as possible when you are using any deriv bot.
All the trades this deriv bot takes are five ticks in duration. You can only use XML trading robots on bot.deriv.com.
After testing, we recognized that you can make 5%-10% profits of your $100 account balance. However, you can start with $25-$50. In this case, you must not be greedy to make a quick profit to increase your account balance. You must maintain the risk management.
Lastly, you must test this deriv bot first. After you are happy with the results of this deriv bot, you can go for a real money account.
You can find the download about this deriv bot 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 Settings:
The 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