Over-the-counter (OTC) markets are decentralized platforms where financial assets and instruments are traded directly between participants without a central exchange. This means OTC market providers set their own prices, allowing direct transactions based on these quotes. These prices do not necessarily reflect the actual Forex market values.
While the real Forex markets operate from Monday to Friday, OTC markets provide an option for trading during weekends. This guide will teach you how to trade automatically on Pocket Option or Quotex OTC markets using the Bibot plugin.
Download Bibot OTC Plugin OTC Market for Pocket Option and Quotex
Next, Download and attach the Bibot plugin by click on the download button bellow based on what Meta Trader Platform you prefer.
Allow DLL Imports on MetaTrader 4/5:
Go to ‘Tools > Options > Expert Advisors > Allow DLL imports’ and check the box.
Click on the ‘OK’ button.
Load the Bibot Plugin:
Locate the plugin file ‘EABibot.ex4/ex5’ in the downloaded folder
Copy the Bibot file ‘EABibot.ex4/ex5’.
Paste the file into MetaTrader folders: ‘File > Open Data Folder > MQL4/MQL5 > Expert Advisors’.
Open the Bibot Plugin:
Navigate to Expert Advisors to find EABiBot_Tick.
Drag the plugin to the chart to Open.
Navigate to Broker to select which OTC broker you want to open and then click Ok to close.
Opening OTC Charts for both MT4 or MT5 are slightly different
After loading the Bibot plugin into a chart, follow these steps to open an offline chart of the currency pair you want to trade on Pocket Option or Quotex OTC markets:
MT5: Click on OPEN CHART > List of new Symbols will appear as EURJPY-OTCptx, EURUSD-OTCqtx which each pairs are mentioned as -OTCqtx refer to broker preferences.
MT4: Click on OPEN CHART > List of new Symbol Offline Chart will appear for you choose the desired currency pair
Once the desired currency pair graph is opened, Pocket Option or Quotex OTC market prices will be loaded, and you can automate your MetaTrader 4/5 indicator signals with AutobotSignal Connector. To learn more on how to Automate Meta Trader 4/5 indicator with Autobot Trading Signal you can Click Here.
For detail inquiry on OTC Tick by Bibot, you can visit their website her: https://bibot.live/
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