Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
MetaTrader hedging expert advisor can hedge an open trade, therefore:
Avoid losses by placing a StopLoss order instead of a hedge order
Profit BreakEven (or any amount) in close proximity to opposite orders
Stop losing trades and track the winning trades on your chart
RobotFX Auto Recovery is a Metatrader expert advisor designed to recover the loss of a losing trade by opening an opposite trade, or more, if it’s the case. If you are familiar with, this is one of the trade management part of the RobotFX Fluid EA, with less features (basically the HedgeZone). A very simple but effective way to hedge a losing trade so it will close in profit, at least at break-even. The automatic loss recovery algorithm used by this MT4 recovery zone EA is far better than using a stoploss and incomparable to a martingale trading strategy. This MT4 EA has been inspired by Joseph Nemeth's "zone recovery" trading strategy.
Description
The BF Smart Scalper EA may be simple, but it is based upon the most reliable trading principle since the existence of the markets: enter the market in the direction that a strong market impulse is detected, after a reasonable correction has been detected. Our deeply encoded human psychology is at the heart of this trading principle, and it will never change. We wanted to keep BF SmartScalper EA as simple and straightforward as possible to avoid the worst enemy of EA trading, curve-fitting. Below is the backtest result for our forex robot BF Smart Scalper - using the following currency pairs GBPUSD & USDCHF.
Here are some additional information:
- Supported currency pairs: GBPUSD, EURUSD and USDCHF.
- BF Smart Scalper ЕА is compatible with all MetaTrader 4 brokers, as well as with brokers using ECN-type order fulfilment. You do not need to change any settings
- You can use Auto MM=2% (low risk) up to 10% (high risk), according to the significance of your account and your risk and profit expectations. Reasonable fixed Lot size is 0.05 on 1k account balance, or 0.5 lots on 10k account balance. If you use multiple currency pairs, you should consider decreasing the risk accordingly
API Access
Has API
No
API Access
Has API
No
Pricing Details
114
Free Trial
Yes
Free Version
Yes
Pricing Details
$97 one-time payment
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
RobotFX
Founded
2006
Website
www.robotfx.org/p/auto-recovery.html
Vendor Details
Company Name
FXautomater
Website
www.fxautomater.com/forex-robots/bf-smart-scalper-ea