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
API Access
Has API
Pricing Details
114
Free Trial
Free Version
Pricing Details
$97 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
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