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
If you take every 12 signals per day, would that average the 82% win ratio, or do you have to pick the ones that you think will go the right direction? If so is this program suitable for total beginners, or do you need to have some kind of experience to make this work?
Hi Ken,
There are often more than 12 signals per day as well. I don’t trade them all, there are times when I’m sleeping or not at my computer. There are steps you can take to increase the potential of winning with this software and it is certainly suitable for total beginners. You will see in the comments here many of the readers are beginners and they are learning and succeeding.
I missed some signals because my PC rebooted overnight after some updates (thanks alot, Microsoft!). I am backtesting and really wanted to have all the signals from this week to analyze. Does anyone know of a way to get past signals?
Too bad the email feature is part of MT4 and not the BBW servers themselves. If your PC is not on and running MT4, it cannot email you, and you have no record of the signals. I know they offer VPS, but I would rather not subscribe for only this reason.
Hey Joe, I’ll see if I can find something for you.
Hello there, please help. I have tried to install the software several times now but failed. I followed exactly like the instructions in pdf but i got stuck during installation of the setup.exe. Few bars till completion there was window telling me that there was error saying ‘unhandled exception has occured in your application. If you click continue, the application will ignore this error and attempt to continue. If you click quit , application will close immediately’. What does that mean? I have clicked continue but nothing happened. I finally click quit and it was successfully installed. BUT the software does not run in mt4. An error on the top left corner of the platform said: access denied, account not authorized.
Please help me.. I have tried to contact the support but no reply so far..
Make sure to check your junk mail they respond very quickly.
This error is caused by two things. Old version of MT4 (upgrade / reinstall to fix). Using a non default folder for MT4 so if you chose to put it in C:/Myfiles instead of C:/Program Files/..
Zarita,I got this error today as I was setting BBW up for signals. Make sure that after you purchase the software and you receive the welcome email, you register to get into the members area. After you get into the members area, you will click under members-only and you will see “Add account”. You will click there and you need to input a username and the account id which is your MT4 ID on the upper left corner consists of a seven digit number. Hit the submit button and wait for confirmation. After confirmation received, your account will be authorized to receive signals. You need to insert your username in the settings area at the MT4 under inputs after you drag the BBW custom indicator to the chart. Hope you’re not confused.
Hello everyone, I want to make sure everyone hear knows that PLATINUM TRADER will rip you off!!!!!! I sent them all of my personal information and only tried to withdraw a very small amount…. no bonuses either…… I have no recourse, these accounts are not purchases and these scum-buckets know they can get away with it….. dont ever use them and spread the word…… thanks
Not the place for this, but thanks regardless Mary.
Hi John,
are you only looking at the M5 chart to check if Ranging or Trending? Thank you! Because today most of the signal sent was trending on the chart quite hard to guess if it is right to trade or not. Thank YOu!
Yes, I just zoom in and zoom out and use candles.
What do you mean you use candles?
John, what has been your biggest drawdown to date using BBW? (in units). I am deciding on % of bankroll to bet and the size of my starting bankroll (pardon the gambling terms).
Hi Joe,
The amount the trader trades is up to the client. So I can say there were 4 straight losses but I can’t say what this is in units because I don’t have any understanding of your money management principles, deposit etc.
By Jove, I think I’ve (almost) got it! Eyeing range versus trend is becoming easier for me. What I am doing now is sitting down at the computer at around :40 or :45 and looking at all six charts, because it dawned on me yesterday that a person does not have to wait until :50 to identify range/trend. Once I look at all six charts I feel I have a decision made regarding which pair(s) I might trade, and then I wait for :50 to see if a signal comes up on my pair. My problem is that sometimes my chosen pair doesn’t receive a signal, but a pair I believe to be trending does. It’s like Binary Brain Wave is Pavlov and I am the dog; I hear that “Brrrrring” and I just can’t help myself. Must.Learn.To.Exercise.Restraint!
Is there a way to subscribe to a thread on this forum so that I get an email whenever something new is posted? It’s hard finding new posts, and/or knowing when to look.
I’ll see if there’s something I can do.
if i place the trade they send through email,will i be in high itm because am not always around my computer.need help
Hi John,
Have been trying to purchase this software, but keeps throwing up this error.
see below.
Dear Customer,
We were unable to verify that the information you entered on the order form is valid.
If you have not received notification within 24 hours, please contact our customer service department for assistance.
For reference, your order id is *************
I would suggest contacting the customer service department, nothing I can do for you here Ronio, sorry.
Waht do you mean by this: “You use separate brokers. One broker for MT4 to receive the signal and the other broker, binary broker, to place it.”
Does that mean that i need to sign up and deposit for 2 different brokers just to get going?
I have also used a demo account from Marketworld and the chart/graphs looks different to MT4, so if you say you would win by using MT4 based binary platform because you got a good signal, you could lose by placing the trade on say Marketsworld. This is a little confusing to me since i am new to this.
What broker do you recommend also one that gives a demo account?
Only need to deposit with your binary broker. You use a demo MT4 broker, all MT4 brokers provide free demos.
if i place the trade they send through email,will i be in high itm because am not always around my computer
Hi John, my question has to do with MT4 and the email signals. I emailed Binary Brain Wave last week and haven’t heard back from them yet so thought I would try asking you. I have a MacBook Pro and I can’t seem to download MT4 so if I were to purchase Binary Brain Wave can I just sign up for email alerts without downloading MT4 or does MT4 have to be on my computer in order to get the email signals? Thank You.
Hi John,
MT4 has to be running to get the signals.
HI John,
You can run it through VPS on your Mcbook.
This may sound like a silly question. But still a valid one for me. How do you use this software on MT4 if the broker doesn’t use MT4 as there trading platform? It’s probably simply explained but I need help with this. Thank you.
Hi Dewayne,
You use separate brokers. One broker for MT4 to receive the signal and the other broker, binary broker, to place it.
John, I appreciate your review of Binary Brain Wave. I’m not computer smart. Will THEY set up my software for me?
Yes they do this. Look around on the site some, you will see all they have to offer.
I am here in the Philippines, asia time. Can we us the time given by the signal here in asia?
Yes Gabriel.
There are enough signals in all sessions. You can trade this system.