Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Elevate your trading experience with sophisticated automated price action, signal generation, and spot reversal methodologies that utilize money flow analysis. AlgoAlpha offers top-tier indicators that integrate effortlessly with your TradingView charts, improving your decision-making process significantly. Gain access to our professional-grade scalping signals, enabling you to pinpoint optimal entry points across various tickers. Utilize the echo feature to automate the process of entering and exiting trades, ensuring you never miss critical signals. The Trend Cipher within the Smart Signals Assistant identifies market trends using visual indicators, such as arrows that denote bullish and bearish conditions, with a '+' symbol representing particularly strong trends. Candlestick colors are strategically coded—green for bullish movements, red for bearish, and gray for sideways markets—providing users with a clear understanding of signal strength and likelihood. With an emphasis on efficiency and compactness, the script showcases price action and liquidity through four distinct methods: market structure analysis, a liquidity heatmap, trend lines, and FOMO bubbles, all designed to enhance your trading strategy. This comprehensive toolset ensures traders can navigate the complexities of the market with greater confidence and insight.
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
Integrations
Android
Apple Pay
Apple iOS
Discord
MetaTrader 4
MetaTrader 5
PayPal
TradersPost
TradingView
Integrations
Android
Apple Pay
Apple iOS
Discord
MetaTrader 4
MetaTrader 5
PayPal
TradersPost
TradingView
Pricing Details
$42.60 per month
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
AlgoAlpha
Founded
2023
Country
Singapore
Website
www.algoalpha.io
Vendor Details
Company Name
FXautomater
Website
www.fxautomater.com/forex-robots/bf-scalper-ea