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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

As a EA developing company we have tested many brokers and have found that based on their high speed servers, low spreads which is the key in optimal EA performance and low commissions, OpoFinance has become the broker of our choice.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4 Yes 
MetaTrader 5 Yes 

Integrations

MetaTrader 4 Yes 
MetaTrader 5 No 

Pricing Details

$97 one-time payment
Free Trial No 
Free Version No 

Pricing Details

$133
Bronze $133
Silver $255
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 Yes 
Mac Yes 
Linux No 
Chromebook Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

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

Sinry Advice

Founded

2020

Country

United Kingdom

Website

fundmyfx.com/product/swing-vip-robot/

Product Features

Product Features

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