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

One of the standout features of EA Builder is its incredible ease of use, allowing users to complete their tasks with just a few clicks. You can effortlessly transform your trading concepts into automated systems in mere minutes, all without the need to hire a programmer or possess any programming knowledge. Even seasoned developers find value in the simplicity of generating indicators and strategies in just a few short steps. This tool enables the creation of strategies for any financial instrument on the three leading trading platforms: MetaTrader 4, MetaTrader 5, and TradeStation. You can dive right into crafting your initial strategies or indicators almost instantly! There’s no need to wade through manuals or deal with installations, as it operates entirely online. The creation process is simple, with each feature accompanied by helpful pop-up tips that provide brief explanations, ensuring you never feel overwhelmed. In addition, the platform offers various notification options, such as audible alerts, email notifications, and outputs to the window, making it easy to stay informed about trade executions or the appearance of new indicator signals. With such user-friendly features, anyone can start automating their trading strategies quickly and effectively.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4 Yes 
MetaTrader 5 Yes 
TradeStation No 

Integrations

MetaTrader 4 Yes 
MetaTrader 5 Yes 
TradeStation Yes 

Pricing Details

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

Pricing Details

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

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

EA Builder

Website

www.eabuilder.com

Product Features

Alternatives

Alternatives

Golden Pickaxe Reviews

Golden Pickaxe

ValeryTrading
BF Grid Master EA Reviews

BF Grid Master EA

FXautomater
Evening Scalper Pro Reviews

Evening Scalper Pro

ValeryTrading
Build Alpha Reviews

Build Alpha

Axiom Futures
Grid Master PRO Reviews

Grid Master PRO

FXautomater
Night Hunter Pro Reviews

Night Hunter Pro

ValeryTrading