The Binary-Option-Robot has been upgraded!
In my previous YouTube videos, I have been demonstrating the Binary-Option-Robot Software that was downloaded directly from their site. While this software still works on my computer, I recently noticed that a new web interface is now available when you visit www.binary-option-robot.com. I am left to speculate as to why the company has abandoned a software-based system in favor of a cloud-based virtual solution.
Although, it is not hard to justify this move. Quite simply, everyone is moving to the cloud; so it’s a logical move. I am at least impressed the the company is forward-thinking enough to realize that downloading a program onto a user’s hard drive is no longer the prevailing model in the tech world today. With the threat of viruses, many people are leery of downloading software from a company with which they have never had prior dealings. I experienced security issues when my laptop upgraded to Windows 10. When I tried to reinstall the robot software, the new operating system issued a security warnings and would not allow the install. This issue was resolved by downloading the latest copy of the software from the site.
That brings me to another benefit. Software companies must constantly upgrade their programs to remain compatible with the latest security measures implemented by the ongoing changes in operating systems. If the software does not have an efficient automatic updating system, the programming quickly becomes obsolete, creating countless security and compatibility issues. Many users disable auto update features, requiring the user to take the initiative to manually update in order to keep the software compliant. Moving to a web-based solution eliminates this problem. The robot software is as up-to-date as the latest browser refresh.
Have things changed? That is a serious concern. Will the web-based interface operate the same and perform comparably as the downloaded software? Can we still call the program a “robot” now that it’s a web service? In comparing the Binary-Option-Robot with other services (such as the service offered from the similar site without the dashes, reviewed in my article Will the Real Binary Robot Stand Up), it does still operate more like a robot. With many other solutions, you are truly signing up for a web service that has nothing to do with you or your computer. Instead, the program is really an investment service, whereas you are giving someone permission to trade with a broker on your behalf – regardless of how their signal are generates, human or otherwise. Most of these services brag that you do not need to have your computer turned on in order to use their program. If you are willing to relinquish all control and allow someone else to trade for you, that type of solution is fine. For my purposes (at least as of yet), I am not willing to become so detached from the process. I still want to maintain mastery of the robot.
The Binary-Option-Robot allows such control. The only thing that has changed is whose hard drive the software is now stores (and updated). The user is still at the controls. Their robot requires that your computer be turned on with the browser running in order for the software to function. All of the features previously reviewed are still there, including indicators, trading method, currency type, duration, etc.
Experience will reveal other benefits. While I am sufficiently convinced of the comparability of the downloaded software verses the web-based interface, I am curious as to whether this new system will actually outperform the previous release. Some of the glitches that I experienced in the past, such as not being able to see two-minute pairs without using trend indicators to force a trade attempt, have been corrected. I struggled to make the company understand that glitch, as I imagine it was unique to Tradorax users only. Undoubtedly, there are other glitches that have been corrected by this transition. Another glitch I experienced in the past was an error in the program in determining a losing trade that was later discovered to be a win. I am not sure what caused this problem. It may not have had anything to do with the robot. Also, it is noteworthy Tradorax voluntarily corrected this trading error in my favor, resulting in Magic Money. Could this past glitch have been created by server delays considering my robot trading was reaching across international waters? If so, the fact that the robot is now stored on the French servers used by Binary-Option-Robot could potentially eliminate some of these time-delay related glitches.
I am very optimistic about the new robot. Only time will tell if it helps or hurts trading performance. It is also convenient timing. All of the Phase One experiments took place on the original software. Once my next deposit clears, Phase Two will begin with the new program. Keep following this blog as we discover together how the new robot performs!
Below is a screenshot of the new web-interface: