Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The logic is simple, but effective. The EA uses breakouts from the Bollinger Bands to send entry and exit signals. The Bollinger Bands are, in our opinion, the best technical indicator ever made. Thank you Mr. John Bollinger! We've tried many indicators and strategies over the years, but the Bollinger Bands has been the best indicator for scalping market volatility. The stop loss level is between 20 and 60 pip. You have the option of using a fixed TP of 4-8 pips or allowing the exit logic to manage the position. The BB indicator is used to determine the exit logic. It will close the trade even if the price is below or above the opposite BB line. This is done by the "BandBreakExit", parameter. It works best between minus one and plus one-two. Below is the backtest result for our forex robot BF Scalper on the following currency pairs EURUSD and USDCAD, EURCHF and USDJPY: GBPCAD, GBPUSD and USDCHF.
The EA has high spread protection - this is crucial, because if you use limit orders as example you can't control this and you will take some trades with 10 or even 20 pips spread - one such trade will erase the average profit from 10 good trade as the best average expectancy of this type of trading is 2-3 pips in the best case.
Description
FX Pattern Pro is driven by cutting-edge technology that enhances trading accuracy and reliability. The signals consistently remain stable once they appear, ensuring traders can rely on them. This platform is the first and only AI indicator globally, designed to help you effortlessly develop your trading strategy. With our innovative AI software, you can achieve greater profits in forex trading, even if you're a complete novice or have never before analyzed a trading chart. The possibilities are endless with your personalized trading indicator. This remarkable MT5 and MT4 indicator is compatible with all currency pairs and works seamlessly across M30, H1, H4, and D1 timeframes. FX Pattern Pro is meticulously engineered to provide signals with exceptional accuracy and profitability while maintaining user-friendliness. Each time a new buy or sell signal is produced, FX Pattern Pro alerts you with a convenient pop-up sound notification. Additionally, it offers a comprehensive user guide complete with screenshots, trading strategies, recommendations, Telegram alerts, and much more to support your trading journey. With this tool, traders can navigate the markets with greater confidence and ease.
API Access
Has API
API Access
Has API
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$69 one-time payment
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
FXautomater
Website
www.fxautomater.com/forex-robots/bf-scalper-ea
Vendor Details
Company Name
FX Pattern Pro
Website
fxpatternpro.carvedphysique.com