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
-Recommended currency pairs: AUDNZD, AUDCAD, NZDCAD, GBPNZD
-Suitable for XAUUSD exceeding $10,000
-Customized set file for GOLD
-Expected profit of 2% to 5%
-Drawdown limit according to your requirements
-100-day no questions asked refund policy
API Access
Has API
No
API Access
Has API
No
Pricing Details
$97 one-time payment
Free Trial
No
Free Version
No
Pricing Details
$59
Payment Options: Monthly, Yearly, and One-Time Payment, which include:
●Usability for prop firms and funding accounts
●One MetaTrader 4 License
●Complimentary updates
●Advanced support
●User-friendly guideline
●Advanced money management guide
●Remote desktop configuration by the technical team
●Usability for prop firms and funding accounts
●One MetaTrader 4 License
●Complimentary updates
●Advanced support
●User-friendly guideline
●Advanced money management guide
●Remote desktop configuration by the technical team
Free Trial
Yes
Free Version
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
Deployment
Web-Based
No
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
FXautomater
Website
www.fxautomater.com/forex-robots/bf-scalper-ea
Vendor Details
Company Name
XAUBOT
Founded
2019
Country
United Arab Emirates
Website
xaubot.com