Binary Brain Wave is a binary options software that I trust and use every single day. If you visit Binary Today frequently you will know that I rarely (if ever) give rave reviews, but this software has won me over.
Today I will provide you with a full review, walk you through how this works and how it will work for you. I will eventually make a full guide on how I use this software as well so stay tuned for that.
This is one review, I assure you, that you don’t want to skip!
Try Binary Brain WaveYour rating: [ratings id=”29368″]
Contents
Binary Brain Wave Introduction
Now I will walk you through my experience with the binary brain wave software.
Click to enlarge (members area screen shot)
Often the process with a new software can be very difficult, but this is not the case with the brain wave. This software comes with a setup file which can be double clicked and will install the software for you. The members area is also very well laid out and provides you with easy to follow descriptions of the installation and how to trade the signals.
Here is a screen shot from the brain wave members area that shows the clickable tabs and areas that can be expanded to show more information.
The bottom line is the installation process is very simple (took me 5 minutes) and you aren’t required to sign up with a broker to gain access to the software. Which is a big plus in my eyes.
Binary Brain Wave Video
In this video I show you the site, the members area, the software, a real signal and live trade.
Binary Brain Wave Signals
The quality of these signals are excellent.
They have a very profound strategy that uses multiple indicators to filter out bad conditions and give you many different options. The strategy uses the 5 minute chart, and sends signals nearly every hour at the same time, 50 minutes after the hour. The expiry time is also 100% specific so you know exactly when to place the trade.
You would get this signal at 23:50 you would place a CALL trade and you would set the expiry for 40 minutes after, in this case 0:30. This makes it very simple to place your trade because there is no work required on your part except for placing the trade.
Binary brain wave signals come in three different ways:
- In MT4 on chart
- In MT4 in experts tab
This way you never miss a signal. Since there are very frequently signals with this software I tend to just trade right off the chart so that I can use my own knowledge in the trading process. In the trade example above we can see that the market is ranging which is when this software is the most effective. They talk about this more in the members area so even though they filter out bad conditions you can spot them yourself as well.
Important aspects of the binary brain wave software:
- Trades 6 Pairs (EUR/USD, AUD/USD, USD/JPY, GBP/USD, EUR/JPY, NZD/USD)
- Provides signals in all sessions
- Free installation and 24/7 support
- No required broker signup
- Provides over 10 signals per day
- Hitting over 80% accuracy for the past two years
- Free upgrades for life and no upsells (one time fee)
My Binary Brain Wave Results
I have been testing this software for the past 6 months and I have had outstanding success. Keep in mind I don’t trade every single signal they provide. I have a family, this web site, my own manual trading and other responsibilities. The stats are provided in W (Wins) – L (Losses).
2013
- October: 14-2
- November: 26-7
- December: 22-4
2014
- January: 25-5
- February: 15-6
- March: 33-6
- April: 15-3
- May: 21-5
- June: 18-2
- July: 22-1
- August: 19-4
- September 21-7
- October 15-4
- November 31-5
- December 14-0
2015
- January 26-8
- February 29-9
- March 22-5
- April 20-1
- May 29-2
- June 18-3
- July 24-2
- August 38-4
- September 20-4
- October 21-5
- November 25-3
- December 17-1
2016
- January 16-3
- February 21-3
- March 26-4
- April 10-0
- May 21-5
- June 35-3
- July 12-3
- August 14-25
- September 8-6
- October 14-7
- November 10-3
- December 21-4
2017
- January 16-0
- February 11-4
- March 12-2
- April 18-3
Overall: 722-163 (83.1% winning)
Binary Brain Wave Conclusion
I am really happy to see a software as strong as the binary brain wave force it’s way onto the market. This is the type of software that all developers should be focused on designing. It is complex in strategy but simple in utility.
I recommend this software officially to all readers of Binary Today. I have gone out of my way to find a discount coupon they will be honoring for the first few copies sold, I will try to get it extended if I can.
15% Off Coupon: BINA-CODF-WAVE
Hi John,
Is the BBW Coupon: BRAN-CJ0B-WAVE still valid? Tried to use it but got an error.
Thanks
Still works. What’s the error?
Once again, I got an excellent support from BBW!
My broker, Alpari, obviously turned of their computers this orning and I have been trying for hours and hours to switch to another broker. I get into their MT4 platform with diagrams and everything, but I simply don’t manage to get the Binary Brain Wave indicators into the list of indicators and hence I don’t get any signals.
Anyone out there with the same problem?
For example: after BBWsignal 10:50 , choose 11:30 expire time at 11:13. Is 11:13 too late to take action? Am I following BBW stratedgy? I use stochastic and rsi. It seems to me following these two indicators (on, below 20) and (on, above 80) gives more accurate and chance to win on both range and trend conditions (not always true). I notice that 2 ~ 3 bars together creat very short range conditions in 40 min( between :50 ~ :30 ), then retrace about 20~30% fibo then price move to either up or down directions. This small short 2 ~ 3 bar range conditions in 5 min t/f = about small short 5~12 ~15 more bars range conditions in 1 min t/f. 1min short range conditions give more chance to catch breakout moment , so if price move to right direction in 1 min t/f. more Wins and avoid Loose. I’m a biginner of BO. Maybe I’m wrong… wrong idea….
Anybody here doing this way?
Forex broker Alpari UK enters insolvency after SNB shock
I’m a beginner of Binary Option. Any suggestions would be appreciated.
You can use any MT4 broker with this software. Google MT4 you will have hundreds of options, all free.
Today I got the message that my broker that supplies me with MT4 went into insolvency due to the movements around the CHF. It is Alpari UK.
Does anyone know another (solid this time) broker in EU that you trust and that can supply MT4? Being in EU it is easier, faster and cheaper to work with EU brokers.
Sitting 17:50 GMT+1 (i.e. NYSE open for trade), looking at all six pairs being more or less ranging (as opposed to trending – which is the recommendation when to trade with BBW). After five minutes I got one for NZDUSD!
Anyone with similar experience?
I’m thinking to change mt4. Currently FXCM mt4 with Broker GMT offset 2. It seems 2 is not right. I talked to FXCM support several times. Some support told me 2. Some support told me 0. (really confusing). I run both 0 and 2 on FXCM mt4 chart at the same time. They both show the same signals at the same time. Something is not right. Which broker’s mt4 is best for BBW?
Hi Ray, why do you believe it is not right? The GMT is only in reference to the news filter so if the software is providing signals during news then you are correct, but if it’s not then the GMT is correct.
Hi Team, John.
Does anyone using BBW with Trade assistant indicator jointly?
when I get a signal from BBW i’m going see if the signal is confirmed by TA, but which time frames of TA I need to consider when trading for 30-40min? (5min only or 15min and 3min as well?)
Thanks
You would only be looking at 30 minute and 1 hour because the trades are 40 minutes long, so these are the only important TA timeframes.
Hi there,
I had some problems downloading the software and getting my account approved.I thought I defined the account when filling in all the info when buying it but obviously there was a problem. The fact that I had used my email address as a user name didn’t work out. Contacting the help desk, I got support. The person was probably stressed and a little bit short in the tone, but the support was fantastic. Giving direct access to my computer, he/she fixed it in a couple of minutes. Fantastic support!!
Today I has very got trading in the morning (Europe) but then I have had three hours without any signals at all! Is that normal?
I have spent quite some time to go through the members area and I can only witness – You HAVE to do this!!!!!
I followed the trading tips; Go for advices when curves are ranging, not trending. Problem is that you don’t get any tips when pairs are ranging! So, today, I decided to invest on all signals (small amounts), ranging or trending, and actually I have 19 wins out of 20 trades! Problem, as mentioned above, is that for three hours I didn’t get any tips at all.
Anyone out there with similar experiences?
John,
Can I use BBW and receive signals in Trade Station as this is my
trading platform for fxcm
Appreciate your reply
Regards,
Irene
Hi Irene, it works strictly with MT4. FXCM has MT4 Free as well and it’s easily installed/managed.
Just had a great week with the brain wave system. I made 25 trades and hit 80% ITM. I didn’t spend too much time on the computer but I think I should. With results like these I should start taking this more seriously. Tell me about the undisclosed software soon please, I’m in line waiting to buy it!
hi you trade all signals/?
Hi John/Fellow traders,
I agree with the latest comments that we should share so to avoid losing pitfalls. As I see it we have to do pattern recognition using BBW. I trade hours outside the overlap between London/US markets. Do others have success during these hours ??. These are basically Asian markets with some early London markets. I find BBW gives me the beginning of a breakout from the ranging pattern. Should I take the BBW trade as recommended or restrain myself ??? Imagine a fish opening his mouth and BBW comes along and says to take a trade. What do you say ?? Would appreciate clarification ???
Yes recently its like…its all ranging perfectly for 1-2 hours and I take the trade only to find out after 40 minutes, that it was the beginning of a trend and thus OTM. But whenever (rarely) it continues ranging..BBW signal is spot on.
Lots of trends these days..but John said it should improve after holidays. Hope the markets stabilize now!
Hello good people. I just brought BBW. In the last 2 hours i.e 11.50 and 12.50 GMT. Please did anyone receive signals. I just want to sure the software working well. Equally, i have not identified ranging, is it how it works or today is just a peculiar day. ii have checking since 03.50GMT.
Brain Wave is still my favorite binary software. I use it every day and it’s just simple. In 6 months following you now I’ve taken my $500 deposit and turned it into over $10,000. Please let me know what other software I should use.
I’ve had very similar results to you Ralph, I’ve been running 3 months and I’m around $4,000 from $500 so I’m a little behind but I’ll catch up!
Hi Lisa, have u buy this software?
i get no answer for my question from BBW
how much have u pay for BBW?
Hey Janine, check your junk mail, they have responded to all your emails, I emailed them and they showed me they emailed you back. Try white listing their email address.
Hi lisa, that crazy results, are you taking every signal
hi do you trade all signals?
Hello Ralph/ John
Is it possible to share your knowledge of what you are doing to be able to generate this good result. Do you trade basically when the mkt is ranging. my local time in Nigeria is GMT +1. It is almost impossible to get ranging pair when Europe/London and US markets are opened. How do you cope with violatability during these sessions to identify range. Do you use any other indicator with BBW to trade. Then on average how many trades do you open daily
Thanks.
Same question. So many trending conditions..hardly any ranging ones these days. Been sitting for more than 12 hours in front of the computer, yet getting no favorable conditions to trade.
Hi Ashish, maybe there have been opportunities, if it’s ranging for an hour or so jump in. If it’s flat at all jump in, maybe you are over thinking. Try some and take note of them.
Thanks John. Will try the flat at all condition and jump in.
And yes I admit..whenever I got the perfect ranging condition..BBW signal was spot on! Just that such conditions are very rare for past two weeks.
Well, that’s often the case around Christmas. Should start to return to normal now.
What binary broker do you use?
Kunle says:
January 8, 2015 at 2:06 pm
Hello Ralph/ John
Is it possible to share your knowledge of what you are doing to be able to generate this good result. Do you trade basically when the mkt is ranging. my local time in Nigeria is GMT +1. It is almost impossible to get ranging pair when Europe/London and US markets are opened. How do you cope with violatability during these sessions to identify range. Do you use any other indicator with BBW to trade. Then on average how many trades do you open daily
Thanks.
Hi Ralph
Is your settings the same as John in his tutorial for BBW.
hi ralph do you trade all signals?
Hi. Can you tell how you were able to get to the 10000 dollar mark? What amounts did you trade in the beginning? What is your typical trade amount these days?
I am new to all of this. Is there a verifiable independent investor that will publish his results if he traded all the signals he received during the periods he normally trades. { ie 13 to 20 gmt} It appears to me that these signals require knowledgeable judgments before you place any of these signals. Or if this kind of information has been published before, please direct me to this information Thanks
Hi Bob, I haven’t come across that but these are my results. Not knowledgeable they require very short basic analysis that is explained in the members area.