How does Bitcoin Millionaire Pro work?
Like other trading robots, the Bitcoin Millionaire app utilizes an advanced trading algorithm that allegedly can identify successful trading signals in the market. These trading technologies are based on Artificial Intelligence and Machine Learning algorithms to scan the market and detect trading opportunities. As a result, the robot can find thousands of signals in one trading day. It’s important to note that the Bitcoin Millionaire app uses the High-Frequency Trading strategy, also known as HFT, which is an algorithmic trading system that can identify small price fluctuations in certain cryptocurrencies. That is allegedly reduced the risk associated with trading as it is based on statistical parameters. For example, a robot can execute a market order when an indicator reaches a limit. Let’s say, Relative Strength Index measures the oversupply/demand of a certain instrument. Once the RSI reaches 70 or 30, the robot supposedly executes an order.
Basically, the robot’s algorithm connects traders to a regulated CFD broker that executes a large number of orders at one time for all users. With this type of software, earnings are supposedly distributed to users proportionally according to the balance of each user. The partner robot broker is to keep users’ funds in a safe account, provide a leverage ratio, and execute orders generated from the software.