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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

AX Trader employs a distinctive hybrid approach that combines Fibonacci analysis with trend identification to execute frequent and precise trades across six primary currency pairs. It operates on the Meta Trader 4 platform, focusing on the EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY, and USDCHF pairs. The system autonomously opens and closes trades, requiring no active monitoring or intervention from the user. Additionally, its integrated news detection technology helps capitalize on periods of extreme market volatility. AX Trader is specifically designed to assess the overall trend direction while adjusting entry points dynamically based on Fibonacci data. It effectively manages each trade, ensuring that profits are secured and the trading account is grown intelligently. With a straightforward setup process that is accessible even for beginners, AX Trader seamlessly integrates with your broker's platform and takes full control of trade management, allowing users to focus on other priorities without sacrificing trading opportunities. Its user-friendly nature makes it a valuable tool for both novice and experienced traders alike.

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.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5

Pricing Details

$297 per year
Free Trial
Free Version

Pricing Details

$97 one-time payment
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

LeapFX

Founded

2012

Website

www.leapfx.com/ax-trader/

Vendor Details

Company Name

FXautomater

Website

www.fxautomater.com/forex-robots/bf-scalper-ea

Product Features

Product Features

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