Super Simple Bot Review – Is the Super Simple Bot a Scam?

It is not an easy job to start earning with binary options right away. It is truly a challenging endeavor, but you need not worry anymore because now there is a way out. The array of hope is the new trading bot popularly known as the Super Simple Bot.

Well this bot is as good as the name suggests so you should not miss out on it at all. This bot works well for new traders who are not too skilled with binary option trading and need help with the job. If you want to gather more insight on the Super Simple Bot then go through the details in this review.

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Features of Super Simple Bot

The following are the key features of Super Simple Bot.

• Super Simple Bot offers three different trading systems. They are classic, Martingale and Fibonacci.

•  Classic: Now the classic trading system is meant for those traders who wish to play it safe. It usually makes use of the same trading amount.
•  Martingale: The margin of profit is greater with Martingale. With Martingale the trade amount will increase when the trader suffers a loss. However, if the trader wins, the trade amount will be the initial trading amount of the investor.
•  Fibonacci: Well the most accurate system is the Fibonacci. This trading system follows the rule that the trading amount increases after a loss and decreases after a win.

This trading robot makes use of a number of indicators.

• Trend Indicator: When the investor selects the Trend indicator then this indicator provides a sell or buy signal depending upon the market scenario and the past rates.

• MACD Indicator: This indicator is based on moving averages. The MACD signal is produced when two moving averages having different periods cross each other. Super Simple Bot uses MA50 and MA20 (This means a 50 period moving average and a 20 period moving average). A put signal is produced when MA50 crosses over MA20. A Call signal is produced when MA50 tends to cross under the MA20.

• RSI Indicator: This indicator works as per the magnitude of the losses and the gains. When the gain close rates are greater than loss close rates then this is termed as an overbought situation. A put signal is placed in this situation. When the loss close rates are greater than the gain close rates then this is termed as an oversold situation and a call signal is placed in this situation.

• STOCH Indicator: Stoch compares the price range for a certain period with the last closing rate. If the closing rate is closing at the higher side of the period then a Put signal is placed. If the closing rate tends to close at the low end of the period then a call signal is placed.

• William %R Indicator: The average over a certain period is compared with the closing rate by this indicator. For an overbought situation a put signal will be placed and for an oversold situation a call signal will be placed.

• CCI Indicator: The CCI indicator tends to analyze relationship between the deviation of moving averages, moving average and the current rate. Again for an overbought situation a put signal will be placed whereas as for an oversold situation a call signal will be placed.

Advantages and Features of Leading Trading Robots

Let’s dive into the advantages and disadvantages of investing with a reliable crypto trading automated tool.

• Easy to use

These are some of the easiest trading tools to use thanks to their engaging interface and memorable trading experience.

You don’t even have to be an experienced trader to get your hands on these wonderful trading tools.

• Dependable and Trusted

Traders want a dependable and trusted tool that will meet the promise of making reasonable ROI for investors.

You get a chance to use institutional-grade trading tools that will improve your trading skills as well as overall performance.

• Affordable trading tools

Here are some of the most affordable trading robots that offer much in terms of affordability and still offer quality services.

The robots offer weekly, monthly, and yearly affordable subscriptions to ensure you take advantage of the volatile crypto space.

• Quick to make transactions

These are some of the fastest trading robots that offer quick execution and one-time click trading solutions.

You don’t need to stare at the screen for long and closely monitor the markets, the robot will do this for you.

• Easy to Manage

Most of the tools are easy to manage in that they do offer reasonable monthly or yearly charges for update.

Most of these cryptocurrency trading tools will offer some of the very best when it comes to free subscriptions and trials.

• Custom tools for traders

You don’t have to use the parameters of the robot’s developer, these tools give traders a chance to custom the features.

Traders can now test their trading skills by setting their preferred trading styles with any of the listed robots.

How Super Simple Bot works?

If the investor has to use Super Simple Bot then the process is quite simple. The user will first need to register to get access to the Free Super Simple Bot. For this the trader has to simply visit the website of Super Simple Bot.

Next the trader will have to login to the binary options trading account and deposit to the broker.

Lastly, the trader has to select auto trading option and the trading bot will start trading on behalf of the trader.

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Pros of the Super Simple Bot

The following are the key pros of Super Simple Bot.

• This system offers automated trading so this can be of great help to those who do not have the relevant experience in binary option trading and need help with the job. Super Simple Bot helps the new traders to become familiar with the trading environment.
• This system offers an accuracy rate of 83 percent that is good enough. This helps to give the assurance to the trader that he will be able to able to sustain by using this system.
• The best part is that Super Simple Bot offers a money back guarantee. This helps to win the credibility of the traders who are a bit reluctant to opt in for the system. This means that if the trader is not satisfied within a time span of 60 days then his money will be returned to him.
• It is quite easy to operate the Super Simple Bot so this is good news for all those traders who do not like the aspect of complexity in a trading bot.

Slight loopholes of Super Simple Bot

Well even for the best trading bot the room for improvement is always there. It could have been better if Super Simple Bot could have offered a live chat support for the non-registered users as well. This gives the opportunity to the trader to ask questions that come to his mind and this way the trader can opt for a trading system with greater confidence.

Secondly, Super Simple Bot could have introduced a demo version on the website so that the trader exactly knows how the system works. This gives more confidence to the trader before signing up for a trading system.

There is a small issue with the website as well when the trader visits the FAQ section. When the trader select the English language from the list of available languages then only one question shows up in English. The rest of the questions show up in a different language so it becomes difficult to find the response to the questions. This issue is trivial, but the issue still needs to be addressed so that the trader can know more about this system.

 The line of action

Now that the investor knows the details about this system the best approach will be to sign up with the bot and then use these recommended settings to setup his/her account for maximum returns.

The trader should also monitor the results of this trading bot so that he can clearly evaluate the performance of this trading system.

How the trader can benefit from Super Simple Bot

Well before signing up with Super Simple Bot, it would be an added advantage if the trader also have an understanding of manual trading. This may be important if the investor wishes to get the best possible results with their account. If the trader already has a basic knowledge about manual trading then he will be able to interpret the functioning of Super Simple Bot in a much better way. However, the trader should remember that manual trading knowledge is not required to get profitable trades with the bot.

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The final Verdict

Super Simple Bot is definitely worth a chance. However, the trader should first try to develop a strong understanding about the three trading systems offered and the trading indicators. This way the trader will develop a comfort zone while trading using the bot. This trading bot is a great way to give a fresh start to your trading career.