Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

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

Explore the unique characteristics that establish the iProfit Forex Robot (MT4 EA) as a top-tier and lucrative option for professional traders and fund managers globally. This advanced neural network system is designed to adapt in real-time to the latest market movements, refreshing its predictions for highs and lows on an hourly basis. The iProfit Forex Robot (MT4 EA) operates independently, allowing users to trade across any currency pairs they prefer. It is compatible with the MT4 strategy tester, enabling back-testing on any selected data set. With minimal reliance on price feeds, it delivers consistent performance across various brokers. The system operates completely autonomously, ensuring a hands-free trading experience. Additionally, it guarantees that 100% of trades align with a reference account, eliminating dependency on broker feeds. The iProfit Cloner MT4 EA, utilizing continuous technology, promptly receives signals from iProfit and executes trades according to the risk parameters set by the trader, enhancing the overall trading efficiency. This seamless integration of features makes the iProfit Forex Robot an essential tool for those looking to optimize their trading strategies.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4 Yes 
MetaTrader 5 Yes 

Integrations

MetaTrader 4 Yes 
MetaTrader 5 No 

Pricing Details

$97 one-time payment
Free Trial No 
Free Version No 

Pricing Details

$299 per year
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 Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux Yes 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

FXautomater

Website

www.fxautomater.com/forex-robots/bf-scalper-ea

Vendor Details

Company Name

iProfit

Website

iprofitea.com/forex-trading/

Product Features

Product Features

Alternatives

Alternatives

Arbitron Reviews

Arbitron

LeapFX
BF Grid Master EA Reviews

BF Grid Master EA

FXautomater
Golden Pickaxe Reviews

Golden Pickaxe

ValeryTrading
Grid Master PRO Reviews

Grid Master PRO

FXautomater