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
BBW going well – so I just bought Binary Ascend and Binary Bullet too. I’m not a software junkie and will only ever use these packages as a “heads-up” service but I’m impressed so far and think this set of 3 might be the ideal Binary Options Trader’s Toolbox.
Ever since I’ve started to make big winnings with ascend I put some money aside for brain wave. I can’t wait to see if it’s as good as you say John. Keep up all the good work and keep doing what you do my man.
Hi Nathlan , whats your strategy when you using BA ? Do you take all trades , what pairs do you use ?
Thanks , regards
Good Luck Nathan, post some results as you go. It was real people’s trading experiences over an extended period of time that convinced me to buy BBW and I’m seriously glad I did.
Hi John,
Will it be possible for you to share a couple of your winning trades for this week, meaning, just share the day/date, pairs, and trades that were taken and if ITM/OTM.
This will help me just to baseline or validate, if I am getting the right signals and at the right time. And if i have properly configured BBW.
I am quite sure, this information will be helpful to the others who are new to the software as well as to this forum.
Thanks.
I’ll see what I can come up with.
hi do you think BBW will work in binary.com broker?
Yes I do.
i wonder why on the first launch of my order in binary.com broker. looks like it has a spread. is this natural in binary? like forex spot trading? there is a spread 1 to 2 pips
Hi Kawali
I was away today so didn’t trade at all, but my last 5 trades are 25th February, times are GMT:
15:50 USD/JPY Call, Won
14:50 AUD/USD Call, Won
13:50 Gold Call, Lost
13:50 AUD/USD Put, Won
12:50 GBP/USD Call, Won
Been 2 Gold trades since, both won, but I’m only just getting into Gold.
Glenn,
Many thanks and appreciated for your sharing your trades.
8 trades taken, 6 winners, 2 losers today so far.
3 signals today, only 2 tradeable.
strike that, 5 came at once! :-)
Hi Glenn. Sounds great. :) Can I ask you what you mainly look at? Only trending or ranging conditions, or do you use any specific indicators aswell.
Hi Nicholas, I use a lot of TA in my regular Currency Trading, but on Binary Brain Wave I just take a quick snapshot look at the chart. If it’s going strongly in any one direction I’ll pass but if things are settled and a pair is ranging, then I’ll go for it every time. This morning I took a GBP/USD put trade and it failed, but when I looked again I should have clearly seen the strong move around the open. My fault entirely but it won’t happen again :-)
I’m having great results overall with BBW so far. The claim of 80% winning trades has so far been accurate, which is a genuine and pleasant surprise! Currently on a GBP/USD Put (07:50, GMT, Feb 24), which looks like it’s going to be another winner. Huge potential here, I’m really looking forward to getting going on a more focused, full-time basis from next week. I’ll be trading European open to NY close each day and will post a short weekly summary.
………if john doesn’t mind of course!
do it Glenn, It will help other traders to see the software performance, and also if you have tips to trade post it
hi all
i will do real money tomorrow, using alpari, are they good?
You only use MT4 demo. When it comes to live trading you use your binary broker, see here https://binarytoday.com/best-binary-options-brokers/
Hi John.
I started with the boss capital and purchased Binary Brain Wave.
Just to be 100% sure. Is the brokerGMTzone 0 ?
Depends on where you live and your MT4 broker, the binary broker plays no role in GMT.
If the MT4 broker using GMT inside the chart, is it mean that we select Broker GMT: 0 ? Thanks for your great info in this site!
Hi John, how can I download the trade assistant that you have.
Social like to unlock on the bottom of every page of the site.
Running BBW on 22 pairs. VERY mixed bag of results so it looks like they did some thorough research when selecting the 6 pairs they recommend.
Hey. I just purchased the software for binary brain-wave but I did not receive the system. Do I have to wait for the system to get to my email.
Ok. I received the software but, when I installed binary brain wave to my computer the application for the software would not appear in the indicators tab. I am stuck on the second step.
Lee, you can go into program files, open MT4, go through to indicators and then drag/drop the file from desktop right in there, then close and re-open MT4 and it should appear.
Any issues, BBW customer support will help you out no problem.
Follow the installation videos VERY carefully and you should be OK
Sorry Lee, I meant download or move the software to desktop, THEN open the indicators file from the MT4 Program files, drag and drop and you’re good.
Sorry another silly question – how long after the initial trade signal do you look at the charts before making a trade? I ask as the TA indicators can change so what looked like a not so good trade can turn into a better looking trade in a matter of minutes. Do you usually put it on earlier or later into the 1/2 hr
Just a minute or two.
John,
Just to add to Donna `s question. Here is a situation, at 2.50 you get a signal to Sell PUT, but between 2.50 – 2:55, TA is showing Uptrend for atleast 3 of the indicators,
1) do you take this this trade, within the 1-2min that you mentioned?
2) Then suddenly, at 2:56, TA changes to downtrend, do you take this trade?
3) or if at 3:02, TA indicates downtrend, do you take such a trade?
Thanks in advance.
Hi Kawali, you don’t trade using the Trade assistant. The TA is only used to help you make decisions on the signals you get from systems like BBW.
I understand that, we dont trade TA. But what I am trying to get at is how you use TA as a confirmation tool.
In all the 3 scenarios above, I have articulated the main signal give at 2:50 by BBW to sell PUT.
The 3 scenarios are about how TA is used to confirm and take a trade. Which of the 3 scenarios would you take the trade on?
Hi guys. I have both BA and BBW that i purchased a week ago but haven’t followed them consistently as I have been busy with another system. I have decided however to chart the signals with a vertical Red (put) or Green(call) lines right as the signal goes off. Then at my leisure i can go back and analyze the entire signals for accuracy and trade outcome. Yes, I could trade demo and all but this is less pressure on me :) It will also allow me to analyze the charts later and see if there is a reason I would or wouldn’t have taken such signal. I will report the outcome next Friday after gathering data consistently all week. Have a good weekend.
What if one decides to change his/her computer system in which the BBW is installed after using the software for a while. What will the person do to reinstall?
You can install MT4 on the new computer, use the same MT4 login and password you had as before and it will work as normal.
Donna, there are only 6 recommended pairs, so if you have them all up on your MT4 the plan is to get the trades on asap when announced, at or better than the price suggested. Sometimes the price action might go against, suggesting a better entry level, but bear in mind it might mean the signal is wrong and the market might keep going against.
I’d suggest a quick look at the charts, trendlines, channels, fibs and indicators if you use them (John’s right, a quick visual check is often all you need) at around 40 past the hour so you’re ready to take the signals you believe in IF they come up. Then, when the signals are issued for 50 past the hour I’d say get on by 55/56 past or leave it.
HELP!! I’ve just brought BA & BBW and have them set up on MT4 but for some reason my MT4 charts have pro on the eg EURUSD pro I don’t know why or if it effects my signals can anyone advise??
This is of no concern. If this was an issue they would tell you so in their members area.
Got home tonight 7:30pm UK time, switched on the computer, BBW gave me 3 trades, they all came in.
From John’s reviews and traders’ comments, BBW, Binary Bullet and Binary Ascend would appear to be a powerful Binary Trader’s Toolbox. Anyone else any thoughts on this?
Also, let’s be honest with each other – anyone had any bad runs with BBW yet? If so it would be helpful to all if you could discuss them. It’s very early days for me but I’m positively encouraged so far.
update: tonight I’m 5 for 5
Hello John. I wanted to ask about the broker empire option. I wasnt sure which broker I should sign up with. I also wanted to ask about your trade assistant software
Hi Lee, I’ve never used that broker. See my list here https://binarytoday.com/best-binary-options-brokers/, the trade assistant is available free by social sharing at the bottom of any page on the site.
Thanks for the advice. I’ve noticed this as well.
I’ve had a great start to the week, I’m 14-2, I might just stop right now and give myself a long weekend haha.
Congrats on a great week! That long weekend reward sounds good :-)
Hi Lauren do you trade all signals ? Do you use the Trade Assistant ?
There’s a “dead zone” between NY close and Tokyo open. The markets wobble around with no structure due to a lack of liquidity. I would advise avoiding 10pm – 1am UK time, or 5pm – 8pm EST.
Otherwise, BBW looks good in my first few days of trading.
That’s right Glenn – it’s like watching paint dry :)
H Glenn
do u trade all signals?
Hi Craig, I don’t take signals when the market in a pair is obviously trending, but I’m monitoring it to see if signals which go in the direction of the trend might be accurate enough over time to think about taking them. Usually though I’m taking everything when the market’s moving generally sideways, avoiding the “dead zone” as previously mentioned.
Broker-wise, the more regulation the better. I’m with IG in the UK (FULLY segregated client money so if they go bust we get our money back) and ETX Capital although I’m tempted to also open with BOSS after the reviews on here.
As for Binary Brain Wave, I “get” the strategy but I do like the way it takes the work out of it for the active trader. I have it running on the recommended pairs and on 13 more. So far it looks good. The recommendation to avoid trades in trending markets is OK, but for me it looks like if the signal shows a trade IN THE DIRECTION OF THE TREND (ie a Call in an uptrend) then you have a good chance of a successful trade. Still, I’ve only had this thing for 24 hours so I recommend sticking with the recommendation. Avoid trending market signals for now. I have to say I love the idea of only having to set trades once per hour because you really can get on with so much more other stuff while the trades pan out.
So far, looking very promising. Apologies John, my posts won’t all be this long! ;-)
no Glenn, don’t stop. I’m crazy new to this stuff & clueless. I appreciate the info.
Thanks John,
Good to come across someone honest in this business.
I would also recommend Boss as well. Dealing with a lovely Australian lady there called Zoë. Very helpful.
Would also advise people to stay away from Big Option, in particular a Jerry Gallo and Options Area who managed to lose/scam me out of thousands.
I hope that with this software, Boss and this community l can get back in the black again.