Today got one V911. Inserted the lipo, turned on the stock radio and.... it just wont bind. No matter how many times I tried it won't.
Then found this video... really amazing... It works !!!
Please click on "watch this video on youtube" ...in second line as the owner forced you to see ad before his video, and so disabled to view in other site.

good

Video "WL Toys V911 Binding Problem Fix" not visible....

You can click "Watch this video on youtube" ... and it runs.

WHERE IS THE VIDEO BRO?

See the picture attached...... Click the line in yellow. It appears when you click play button.

V911 starts looking for the bind signal as soon as it is switched on. So, TX and heli need to be powered simultaneously .  Then moving the ailerons confirms bind.  You can see rapid beeping light after insertion of the lipo in the heli, which is a indication that the heli is ready for bind. After successful bind, heli displays a steady light.