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

Grid Master PRO is our professional version of the popular EA BF Grid Master EA. This PRO version has many new features and systems to enhance its overall performance. Grid Master PRO has 3 additional trading strategies that increase the total profit. Grid Master PRO has been enhanced with advanced time management system, notification system, Friday Exit System and Advanced News Filter. We also added additional parameters to make Grid Master PRO more flexible. Grid Master PRO is a highly profitable and effective trading strategy that was specifically designed for the GBPUSD currency pair. It can be used for any trading instrument if it's used correctly. Grid-based trading techniques are a controversial topic in the trader community. Grid Master PRO comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin. Grid Master PRO is equipped with Advanced News Filter. Thanks to this filter you can avoid trading during most important news and events. The news filter can increase the profit factor of the system and reduce the drawdown. It is disabled by default and you can configure it precisely.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5

Pricing Details

$97 one-time payment
Free Trial
Free Version

Pricing Details

$187 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

FXautomater

Website

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

Vendor Details

Company Name

FXautomater

Website

www.fxautomater.com/forex-robots/grid-master-pro

Product Features

Product Features

Alternatives

Alternatives

BF Scalper EA Reviews

BF Scalper EA

FXautomater
BF Grid Master EA Reviews

BF Grid Master EA

FXautomater
BF Grid Master EA Reviews

BF Grid Master EA

FXautomater
BF Scalper PRO Reviews

BF Scalper PRO

FXautomater
Grid Master PRO Reviews

Grid Master PRO

FXautomater