Happy Market Hours Description
Happy Market Hours employs a trend/scalping strategy utilizing technical indicators that are particularly effective on currency pairs such as EURUSD, EURCHF, EURGBP, USDCAD, USDCHF, and GBPUSD when analyzed on the M15 chart. This expert advisor is optimized for use on standard or ECN accounts; however, it's important to note that not all brokers are appropriate for implementing a scalping strategy. The system includes a Spread Filter that prevents the EA from executing trades when the broker's spread exceeds a predetermined level, ensuring more favorable trading conditions. Additionally, it utilizes dynamic stop loss and take profit levels that adjust according to market sentiment, allowing for more responsive trading. The Happy Market Hours trading system is designed for traders of all experience levels in the forex market and is compatible with any sizable client accounts that utilize the Metatrader application. Ultimately, this EA aims to enhance trading efficiency and profitability for users in the foreign exchange arena.
Happy Market Hours Alternatives
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Additionally, our clients have access to extensive educational resources, including market insights, daily analysis, webinars, and expert trading strategies to enhance their skills. Our multilingual customer support team is available 24/7 to assist with any inquiries, ensuring a smooth and effic
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3Commas
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Nurp
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BF Scalper EA
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.
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Pricing
Pricing Starts At:
€299 one-time payment
Integrations
Company Details
Company:
Happy Market Hours
Website:
www.happyforex.de/happy-market-hours/
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support
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