🚀 Launch June 2026

IaTraderPro Bot: The Open-Source Binary Options Bot with AI You Can Modify by Chatting

By Dan Machado · 11 min read

9Ready strategies
2Brokers supported
100%Free · Open source
~10minFull setup

Imagine a binary options trading bot that ships with 9 classic strategies ready to go, a visual dashboard in your browser, and that you can modify using ChatGPT or Claude — without knowing how to code. That’s the IaTraderPro Bot: 100% open source, free, compatible with Quotex and IQ Option, and developed as a spin-off of the IA Trader Pro project.

This isn’t another “magic bot that multiplies your money” like the ones flooding Instagram. It’s an honest educational tool, with open code, where you see exactly what’s happening, tweak what you want, and learn algorithmic execution along the way.

📥 Download IaTraderPro Bot Free

Quick email signup — you receive the bot ZIP + full tutorial + configuration tips delivered straight to your inbox.

🤖 Get the Bot Free →

🎯 What is the IaTraderPro Bot

It’s an automated execution bot for binary options on the Quotex and IQ Option brokers. Runs locally on your Windows — no remote server, no monthly subscription, no data sent anywhere. The bot connects to your broker account, reads live prices, applies the strategies you’ve enabled, and clicks CALL or PUT when signals match.

It’s written in Python, ships with a Streamlit dashboard that opens in your browser (the same tech OpenAI, Snowflake, Hugging Face use), and everything is configurable visually — no editing config files by hand.

⚡ Why this is different

🆓

100% free and open source

Download the ZIP, open the code, modify whatever you want. No license, no trial, no upsell.

🧠

AI-modifiable by chatting

Paste bot.py into ChatGPT or Claude, describe what to change, get working code back.

🎛️

9 ready-to-use strategies

EMAs, RSI, Bollinger, MACD, ADX — classic patterns tested across decades of technical trading.

🖥️

Visual browser dashboard

No terminal, no .ini files. Everything via sliders, toggles and dropdowns.

🔒

Local — your data stays

Runs on your PC. Credentials stay local. No data collection, no telemetry.

🎯

2 decision modes

“Individual” (first strategy that fires) or “Majority” (consensus across multiple).

🤖 The Real Differentiator: AI Customization

This is the move that changes the game. Imagine you want to add a new strategy — say, “buy CALL when RSI is below 25 AND price is below the EMA 200, with 5-minute expiration”. Before, this required knowing Python. Now?

You open bot.py (comes in the ZIP), copy the entire code (Ctrl+A, Ctrl+C), paste into ChatGPT or Claude, and describe what you want in plain English. The AI writes the new code, you paste it back, save and run. No coding.

💬 Real prompt example

“This is my binary options bot. I want to add a strategy that: detects EMA 9 crossing EMA 21 upward → confirms with RSI > 50 → enters CALL with 3-minute expiration. Add it as the 10th strategy, keeping the 9 existing ones working. Add a toggle in the dashboard to enable/disable it.”

ChatGPT/Claude reads the code, understands the structure, writes the new function respecting the existing pattern, and returns ready code. You paste, test on demo, tweak. In 15 minutes you have a custom strategy — without opening a Python book.

🎛️ The 9 Included Strategies

All configurable via the dashboard — toggle on/off, adjust parameters with sliders:

1. Strong Trend
3 EMAs (9, 21, 50) + RSI + ADX. Great for directional markets with momentum.
2. Bollinger + RSI
Price touches lower band with RSI < 35 → CALL. Upper band + RSI > 65 → PUT.
3. MACD Cross
MACD crossover with histogram confirmation and signal line direction.
4. EMA Crossover
Fast EMA crossing slow EMA, with minimum volatility filter (ATR).
5. Overbought Reversal
Extreme RSI (>75 or <25) + converging Stochastic → statistical mean reversion.
6. Range Breakout
Price exits 20+ candle consolidation range → enters in breakout direction.
7. Trend Pullback
Trend confirmed by EMA 50 → enters on 38-62% pullback of the move.
8. Inside Bar
Inside bar pattern (candle within previous) → enters on breakout of extreme.
9. Multi-timeframe
M1 signal confirmed by M5 trend → significantly reduces false positives.

🔀 Two Operation Modes

You choose how the bot makes decisions when multiple strategies are active:

ModeHow it worksWhen to use
IndividualThe FIRST strategy that fires enters, without waiting for others to confirmHigh volatility markets, fast scalping, when you want more trades
MajorityOnly enters when > 50% of active strategies agree on direction (CALL or PUT)More conservative signals, fewer trades but with more statistical confidence

Recommendation: start with “Majority”. You’ll get fewer trades, but signal quality is higher. Once you gain experience with the bot, test “Individual” on demo to see if it fits your style.

⚙️ Setup in 4 Steps (~10 minutes)

1

Install Python 3.12+

Download from python.org/downloads. IMPORTANT: when installing, check the Add Python to PATH option — without it the bot won’t work.

2

Extract the bot ZIP

Place it in a simple folder like C:\MyBot. Avoid folders with spaces, accents or special characters (Documents/Drive/OneDrive can cause Python issues).

3

Run instalar.bat

Double-click the file. It installs all required Python libraries (streamlit, pandas, requests, etc). Takes ~2 minutes. Wait for it to finish before closing the black window.

4

Start the dashboard

Double-click iniciar_painel.bat. The dashboard opens in your default browser (Chrome, Firefox, Edge). You’ll see toggles for the 9 strategies, sliders for parameters, and start/stop button.

🛡️ Built-in Risk Management

The bot has several configurable protections via the dashboard:

  • Daily Stop Loss — bot stops automatically after $X total loss (you set)
  • Daily Stop Win — bot stops after $X profit (locks the gain)
  • Minimum payout — filters assets with payout below Y% (75% suggested)
  • Configurable martingale — toggle on/off and set max levels (recommended: max 1-2)
  • Fixed or percentage stake — fixed value or % of balance
  • Operation hours — bot only runs in defined windows (e.g. 9am-2pm)

⚠️ About Martingale

Aggressive martingale (3+ levels) zeros accounts fast. In binary options with 80% payout, you need > 55% win rate just to break even with martingale 1 level. With 3 levels, you need > 70% win rate. Start with martingale off, and only enable it after 30+ days on demo with consistent win rate above 60%.

🏦 Supported Brokers

The bot is compatible with 2 binary options brokers. You can use either — or both:

🟢 Quotex

Modern broker with payouts up to 95% on forex pairs. Supports free demo account with $10,000 virtual.

Open Free Account →

🔵 IQ Option

Veteran with 10+ years in market, CySEC regulated. Free demo with $10,000 virtual.

Open Free Account →

Affiliate links. IA Trader Pro receives a commission from the brokers if you sign up via the links above and trade. This helps keep the project free and content open. No additional cost to you.

📋 Recommended Starter Configuration

✅ Recommended setup for first 30 days

Mode: DEMO (no real money)
Broker: Quotex or IQ Option (either — demo is free)
Stake: $1 per trade
Active strategies: strong_trend + bollinger (start simple)
Decision mode: Majority
Martingale: OFF
Daily Stop Loss: $10
Daily Stop Win: $20
Minimum payout: 75%
Hours: 9am to 2pm (European/American market)

❓ FAQ

Does the bot work on Mac or Linux?

The current version is optimized for Windows 10/11. On Mac and Linux it works with adaptations (needs to run via terminal), but the .bat auto-install files are Windows-only.

Can I use it on a VPS?

Yes. Any Windows VPS with Python 3.12+ installed runs the bot. For 24/7 without dependency on your PC, a VPS with 2GB RAM minimum is recommended.

How much do I need to start?

Zero. Brokers offer free demo with $10,000 virtual. You can run 30+ days of testing without spending anything before deciding whether to operate with real capital.

Is it legal to use bots on binary options?

Generally yes, but varies by country. Quotex and IQ Option allow automation. In some countries (EU/UK) binary options for retail are restricted or banned — verify local regulation before trading.

Does the bot guarantee any win rate?

No. No bot does. Anyone promising guaranteed win rate is lying. The bot executes classic strategies — results depend on market, configuration, and operator discipline.

Can I sell or redistribute the bot?

The bot is free and open source. You can study the code, modify, use for yourself. Selling or redistributing as if it were yours is not allowed — keep the credit to the original project and link to the site.

🚀 Get the IaTraderPro Bot now

Enter your email and receive immediately: bot ZIP + full tutorial + 3 emails with configuration tips throughout the first week.

📥 Download Bot Free →

💬 Community and Support

The IaTraderPro Bot project is maintained voluntarily. We don’t charge for the bot, but if you want to support development:

  • 🇧🇷 PIX (Brazil): v.abreumachado@gmail.com
  • 🌎 PayPal: Support via PayPal
  • 🤝 Affiliate: use our Quotex/IQ Option links when opening an account (zero extra cost to you)
DM

Dan Machado

Founder IA Trader Pro · AI Applied to Trading Specialist

⚠️ Important Disclaimer

Binary options involve HIGH RISK and can result in total loss of invested capital. This content is educational, not investment advice. Past results don’t guarantee future results. No bot or strategy has profit guarantee. Trade with capital you can afford to lose. In some countries (European Union, United Kingdom, and others) binary options for retail investors are prohibited or restricted — verify local regulation before trading. Article contains Quotex affiliate links and IQ Option. You are fully responsible for your trading decisions.