Kovalev's algorithm is an extremely popular service on the Internet today that offers anyone who wants to make money on binary options. Its main ideological inspirers are Denis Korolev and Maxim Nikitin. They are also developers. Now on the Internet you can find many ways and strategies to make money on options. How is this one different and is it really that profitable?
Innovative approach
First of all, the developers of the Kovalev algorithm propose to apply an innovative approach to binary options trading. According to them, he is able to turn the idea of modern earnings.
It is also worth noting that there are two similar algorithms on the Internet - Kovaleva and Koroleva. In fact, they use identical methods to earn money.
The developers of the Kovalev algorithm in the recent past worked as heads of one of the largest IT companies. At some point, they got tired of working for someone else, and they decided to create their own business. The result was a miracle program that can make a profit on binary options.
By and large, we are talking about a robot that is able to independently conclude transactions onmarket. The only thing left for a trader is to closely monitor how his deposit grows.
Unlike most of these methods that offer quick earnings in the foreign exchange market, Korolev and Nikitin, the creators of the Kovalev algorithm, went even further. They did not pay attention to the very subject of binary options, but focused on the speed of the computer.
The essence of the algorithm
Let's look into this algorithm in detail. Its developers claim that under normal conditions, 3 seconds or even more pass between receiving a signal and processing it. It's a lot. Of course, traders consider this time irretrievably lost. Any delay in trading in the foreign exchange market directly affects the final result.
Besides, in some auctions, for example, where the step is 60 seconds, such a delay can be critical. At the same time, the higher the process of terminating contracts, the less the result depends on the delay. At the same time, according to the developers, it is not possible to analyze the situation using a computer. They seem to be too slow for that. Therefore, a special program is needed that can combine all the capacities, due to which it will be possible to obtain competent analytics. So the delay will disappear.
At least, the creators of Oleg Kovalev's algorithm say so. Reviews that are devoted to this way of earning money claim that it is simply impossible to understand how everything happens in practice.
What is the project?
In order to attract as many users as possible, there is a presentation video on the main page. It explains in detail the whole essence of this method, which we have already briefly tried to tell.
The uniqueness of this project lies in the fact that it was not created by economists or financiers, who usually make money on stock exchanges and currency markets. And programmers, people, are usually far from all this.
Statistics
Let's pay attention to the Kovalev algorithm itself, reviews of which are given in this article. By and large, it is a signal service that knows how to make deals and does it successfully.
The only thing that is embarrassing about this whole scheme is that in such cases, statistics are always given that confirm that the earnings program that they offer us really works. Normally the statistics would be open. Indeed, according to the developers, in just over a year they earned almost two million dollars on binary options, why not boast of such success?
However, in reality, the statistics on the site look very poor. This is just a text file that contains the names of the project participants, investments, currency pairs and final results. All this is in no way tied to the broker's platform.
The Path to We alth
The program "Kovalev's Algorithm" (reviews about it, by the way, can be found verypositive) is touted as a sure way to make millions.
And for this you do not need not only to strain, but even to know about it. At least, the creators of Oleg Kovalev's algorithm say so themselves. The reviews say that this is an absolutely fantastic story. That is, the computer had to work for more than a year without stopping, while its owners did not even suspect that they were getting richer every day.
It is precisely because of such inconsistencies that many believe that Oleg Kovalev's algorithm is nothing more than a scam.
Register with a broker
Another important point to consider in order to understand if it really works is to register with a broker. It looks doubtful that we can get the program at our disposal only if we register on a certain site. It would seem that such a program should work equally well in any currency markets.
In addition, to gain access to the program, you only need to provide new registration data made on a specific site. To demonstrate how successfully the Kovalev algorithm works, the program is tested on one platform, while its developer urges us to play on a completely different one. Agree, a confusing situation. The main reason why this happens is not explained in any way.
Let's not forget to mention that both recommended sites are not the most reliable for trading in the foreign exchange markets. Moreover, it causesthere are big doubts about the very fact of a one-time withdrawal of almost two million dollars from the account of one of the binary options brokers. And especially the fact that the organizers of the sites will allow users to turn such numbers over and over again.
User reviews
Kovalev's algorithm, reviews of which are presented in this article, are supported by many users. However, serious suspicions arise that these are not real users, but ordinary bots or those who write such comments on order.
At the same time, there are a large number of reviews in which developers are directly accused of dishonesty and fraud. At the same time, it is worth recognizing that most of the comments are very chaotic, limited to only the most general phrases. You can find hundreds of such reviews on the Internet, but there are practically no really sensible, detailed and reasonable comments about how people used this algorithm.
Thus, we can safely conclude that the Kovalev algorithm has very little in common with a real, working strategy for making real money on binary options. It all looks more like a simple scam.
