Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
Tailored specifically for trading the EUR/USD, this software is designed to capitalize on the fluctuations and variations inherent in this currency pair. Unlike other trading systems that handle multiple pairs, the EUR/USD possesses a distinctive feature that sets it apart from all others. This unique quality has led to the software being specifically engineered to leverage such advantages, resulting in exceptional performance over time that is both impressive and consistent. These outcomes are not mere claims; they are verified, documented results from third-party sources that showcase the potential for your trading success. Jet Trader Pro is designed with an emphasis on minimizing unnecessary risk, employing a "dynamic price protection strategy" that enhances the safety and profitability of trades, even incorporating countermeasures to secure profits during adverse trading conditions. By maintaining such rigorous risk management, you gain a significant edge over the vast majority of traders who follow conventional methods. Ultimately, this software not only augments your trading experience but also opens up new avenues for financial growth.
API Access
Has API
API Access
Has API
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$347 per year
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
LeapFX
Founded
2012
Website
www.leapfx.com/jet-trader-pro/