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Why is mode_updown a derivbot?
In addition, MODL_UPDOWM DERIVBOT predicts the VIX 100 volatility index price movement through an astute algorithm running on Deriv.com. The implied volatility used on a synthetic market called the VIX 100 gauges the expected volatility on the S&P 500 index in the following number of days: thirty. The fear index is another name for Vix 100, the reason being that it tends to rise when investors are fearful and descend when traders trust each other.
MODE_UPDOWN DERIVBOT has two types of trades: one way or the other: UP or DOWN. On the other hand, the bot will buy contracts upside-down, paying off when Vix +100 exceeds a certain value at some point. By default, this bot will buy DOWN contracts that are contingent on VIX 100 being less than a certain point in some period. The bot will switch interchangeably between the two modes depending on how the market is and what the signal from the algorithm says.
A MODE_UPDOWN DERIBOT will only run on a small account with a minimum capital of $50. The bot operates with only a stack size that equals 0.7% of your account’s balance, and therefore there is a maximum risk of $0.35 per trade. The bot will also use a $5 profit takeoff and a $26 stop loss per day, whereby it makes no more trades when it reaches any of these values. Besides, the bot will use an incremental strategy by stacking an extra $2 after every losing trade until the stop is hit or won.
The MODE_UPDOWN DERIVBOT is available to anyone for free to download, copy, and test.
In order to use the bot, you must have a registered account with Deriv.com, which is completely free.
A Guide to Using the MODE_UPDOWN DERIVBOT.
The use of MODE_UPDOWN DERIVBOT is quite straightforward. Here are the steps you need to follow:
The MODE_UPDOWN DERIVBOT may be downloaded and installed
- You can therefore download and install the MODE_UPDOWN DERIVBOT.
- Click on the bot, and then use your Deriv.com credentials to log in.
- Select the VIX 100 market from the available markets.
- If the tick duration is set to five ticks, each contract will last for 5 seconds.
- Set the system’s mode to UP or DOWN as preferred, or let the automated “bot” determine the setting on its own.
- Click on the bot and watch it perform its duty.
- They will automatically start trading, with their results appearing on the screens.
Through the panel, you can check out your account’s balance, profits or losses, win rate, and others. You can also use your stop or pause button to instantly stop or pause the bot.
The MODE_UPDOWN DERIVBOT: Why Use It?
Trading the VIX 100 on Deriv.com using MODE_UPDOWN DERIBOT has several advantages. Here are a few examples:
- It’s free! Get MODE_UPDOWN DERIVBOT.
- The MODE_UPDOWN DERIVBOT is also easy to use, and you do not require any prior knowledge or expertise.
- MODE_UPDOWN DERIVBOT will let you earn money for only a few minutes, avoiding unnecessary efforts and wasted time.
- The MODE_UPDOWN DERIVBOT is available to anyone for free to download, copy, and test.
In order to use the bot, you must have a registered account with Deriv.com, which is completely free.
Conclusion
A good strategy for working with smaller accounts and earning real money online is trading VolX 100 on Deriv.com with a MODE_UPDOWN DERIVBOT. It is a free, easy, quick, reliable, and flexible bot that anyone interested can use. Therefore, feel free to download it from this link and start working with it as soon as possible.
You can leave your comment under this article, or you can contact me through this link if you want to ask questions or make additional remarks about MODE_UPDOWN DERIVBOT. I would love to receive your letter and help you out.
Kaydence Schwartz