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
Singular Signal offers an online platform designed for individual traders aiming to formulate and assess their own trading strategies for entry and exit points. Users can articulate their trading concepts in simple language and then utilize the Lab to merge various indicators, chart patterns, and rule components to develop a comprehensive strategy. With a library boasting 395 indicators, patterns, and rules, traders have ample resources at their disposal. The platform enables backtesting against historical one-minute market data, allowing users to analyze how prices reacted post-signals rather than solely depending on theoretical assumptions. For those with a pro subscription, strategies can be executed live during trading sessions, with users receiving timely alerts for entries and exits via email, in-app notifications, push notifications, or webhooks. The software is equipped with tools for rule creation, testing, and monitoring, giving users the autonomy to choose their trading instruments. However, it's important to note that backtest results are purely hypothetical, past performance does not guarantee future results, and Singular Signal does not serve as investment advice. Ultimately, this innovative tool aims to empower traders by providing them with the resources they need to succeed in the market.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
MetaTrader 4
No
MetaTrader 5
No
Pricing Details
$97 one-time payment
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
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
No
Mac
No
Linux
No
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
No
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
Singular Labs
Country
Israel
Website
signal.singular-labs.ai/