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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
FxStabilizer is an automated Forex trading robot designed to operate on your account and consistently generate profits on a daily basis. Notably, this robot is marked by its ability to provide regular gains while avoiding prolonged drawdowns, showcasing exceptional reliability and resilience against fluctuations in the Forex market. Since its inception in early 2015, FxStabilizer has consistently delivered stable monthly returns without any failures or losses, making it a trustworthy choice for traders. The robot is compatible with eight currency pairs, with EURUSD and AUDUSD being the primary focus, each offering two modes—durable and turbo—whose performance statistics can be reviewed on our website. The remaining six currency pairs, which include EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP, and GBPCHF, do not feature a toggle for different trading modes. Additionally, the package comes with an exclusive license for a special version of the EA known as FXStabilizer unlocked, which imposes no limitations on the currency pairs you can trade and allows for fully customizable settings. This flexibility enables users to tailor the EA to their specific needs or even create their own unique configurations for optimal trading strategies. Therefore, traders can enjoy a high degree of control over their trading experience while benefiting from automated trading solutions.
API Access
Has API
API Access
Has API
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$539 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
FXautomater
Website
www.fxautomater.com/forex-robots/bf-scalper-ea
Vendor Details
Company Name
FXStabilizer
Founded
2015
Website
fxstabilizer.com
