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
Introducing the Award-Winning Patrex Pro, the leading 100% Automated Forex Trading Robot globally. This innovative tool simplifies wealth creation through forex trading. Patrex Pro employs cutting-edge algorithms to streamline success in the Forex market, tirelessly scanning for lucrative trading opportunities. When it detects a promising trade, the robot executes it flawlessly, eliminating the guesswork and human errors that often hinder trading success. With Patrex Pro, you gain an exceptional trading partner that operates seamlessly at your side! 🤖✨
Picture having an intelligent, fully automated AI-powered assistant dedicated to enhancing your trading experience. This astute bot goes beyond mere market analysis, acting as your personal guide to the best times to buy and sell while imparting essential risk management skills. It’s akin to having a professional trader by your side around the clock! Plus, the most exciting feature is its plug-and-play functionality, making it incredibly user-friendly for traders at any level. With Patrex Pro, the world of forex trading becomes accessible and efficient for everyone.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
MetaTrader 4
MetaTrader 5
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$199 per month
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
Godlove Group
Founded
2020
Country
South Africa
Website
godloveuniversity.com/patrex-pro/