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 Kane I have a question which is the best broker for EU software Binary brainwave
Hi John,
How to update the Custom Indicator of Chart if I am using both BOB & BBW especially those currency that both present?
Right click on chart, go to indicators and then click edit on the one you want to edit.
Dear John,
your site is really phantastic, thank you for these very helpful informations.
Now I’m going to purchase BBW – wich time-period would you recommend to trade?
Thank you!
Regards
Panteor
Hi Panteor, nice to meet you. I am trading all time periods. Basically whenever I feel like trading I trade.
Hi Jennifer,
Please, need your email address, thanks.
Hi Ngozi,
I am not comfortable posting my email address on a public forum. I hope you understand.
Jennifer
Hi John!
BBW: but if I can receive alerts via email and immediately go to the site of Citrades, why I have to install MT4?
Thank you!
Pigi
The signals are provided in MT4, it is required. It is free and easy to install.
Hi John ! Could you please provide me an example of the alert i get on my e-mail address to understand which details BBW provides, is like a pop-up I saw in the trial video above or not ?
Hi Ryan,
What time frame do you use for the three indicators? And is the strategy is working fine for you?
Hello everyone I’m from Brazil! I am new to binary options!
Can anyone tell me if this indicator and reliable and consitente?
Hi Almedia, yes this indicator is reliable and consistent. There are many comments here that would confirm that.
How do I have to install some tutorial?
Hi Fredrik,
The software generates a lot of signals – not all of them are in the money. Trade the signals when the market is in ranging conditions. Do not trade the signals when the market is in trending conditions. Stick with it. Binary Brain Wave says they are working on putting together a collection of examples to show what ranging and trending conditions look like. They say that once the collection is complete they will send it out to everyone who purchased the software, so that will help you identify the trades that are in the money.
hi jennifer
I was wondering if you use the stochastic technique only when its ranging or do you use it at any of the signals.
Kind regards
Paul
Hi Paul,
I am still trying to get the hang of this myself, but right now my hypothesis is that when you look at the candles and believe them to be ranging you then look at the stochastic for confirmation.
Hello Mr. Kane my trading signals from BBW are coming one hour behind, even though i changed my local GMT zone to (-7) which is for Las Vegas NV. I also changed my broker GMT zone +1 uk time. Can you please help me out with these issues so I can set up my trades my accurate.
If anyone else have a suggestion about what is happening to me, please feel free to reply me back….
They are not coming one hour behind. They are coming at the right time. The signals are based on the market not the time. The signals will always show MT4 time because MT4 is providing the signals but rest assured it’s the right time.
figuring out gmt in U.S. can be very confusing when you have to take into account Daylight Savings time. But here is an easy way to figure it out. Go to Forex Factory http://www.forexfactory.com/calendar.php and click on the clock at top right. Then click on “match automatically”…it will then tell you what your local GMT is.
Hi
Hope someone can help
Ive bought an downloaded the software however on some of the platforms it keeps changing to access denied there all the same settings.
Alos when i try to save any changes to the times etc it doesnt seem to work
Any help would be appreciated
Thanks
Hi Geoff,
This means you are accessing the software the wrong way. You want to right click on the chart and go to indicators then click edit, delete if you have put multiple indicators on the same chart. Or just close the chart, open a new chart and drop it back on. But if you want to access the software you always have to right click on the chart or press CTRL + I.
Hello John,
Do you or anyone else have a Mac computer? I was finally able to download MT4 through Vantage FX per a link provided by BBW customer service. But I have been unsuccessful with my attempts of installing BBW on to the MT4 platform.
For some reason it will not allow me to drag and drop the files into the platform. BBW customers service has also accessed my computer and tried to help but with no success. I have followed all the instructions and steps available up to this point.
Does anyone have a solution to this problem? It would be greatly appreciated. Thank you.
Hi John
im thinking of buying the bbw howeverI just wondered if i have to use the MT4 as it looks very complicated.
Im not very technically minded.
Can i not just use the e mails and use my own broker (they dont have MT4)
Thanks
Geoff
John, as a newbie to trading would you recommend BBW over BOB and if so why?
Your review site is the only one I have found that I can actually have any faith in. Thank you.
Hi Sheila,
BBW is my #1 now. It provides more signals than BOB so even if you sit down for a short period of time you can always take advantage of opportunities.
I have been testing BBW for a week and is the best binary options software out there here’s my tests
15 won 5 loss
14 won 6 loss
18 won 3 loss
14 won 4 loss
13 won 9 loss
11 won 4 loss
overall: 85-31
As you can see not but at all.
Thanks for showing your results Michael!
Hi,
Question about time: the time stamp of the signal is in local time, whereas the entry time is one hour ahead of that time. So should I subtract one hour for the entry, so that the entry time = the time as the signal arrives? In other words, should I do the trade as soon as the signal comes?
Fredrik, of course you take the trade when you get the signal. The signals are based on the market not the time.
Hi,which time ar3 send the most of signals?in gtm hour.i have to be in front my pc all day orhave time when the most the signals are send?thanks