Average Ratings 0 Ratings
Average Ratings 22 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
StockHero lets you automate trades from your phone and computer. No programming skills are required. Our user interface makes it easy for beginners to get started in automated trading.
- Cloud-based: No need to install any software You can easily configure your strategies by simply logging in from anywhere. You can monitor all your positions from wherever you are.
- Technical Indicators With Presets: Trade with one and exit with the other without having to write a single line of code. StockHero provides presets for most popular technical indicators and allows multiple triggers and rules to work together.
- Quick Backtest: Before deploying, test bots with historical data. Based on historical data, get an indication of the performance of your bot.
- Risk-free Paper Trade - Run your bots in real time to test strategies and avoid actual funds.
Bots Marketplace gives users access to bots that have been tested by our traders.
API Access
Has API
API Access
Has API
Integrations
DEGIRO
MetaTrader 4
MetaTrader 5
Robinhood
TD Ameritrade
TradeStation
Tradier
TradingView
Integrations
DEGIRO
MetaTrader 4
MetaTrader 5
Robinhood
TD Ameritrade
TradeStation
Tradier
TradingView
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$4.99 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
Novum Global Ventures
Founded
2018
Country
Singapore
Website
www.stockhero.ai