Average Ratings 0 Ratings
Average Ratings 0 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
Metatrader Heiken Ashi expert advisor allows you to trade with the trend and enter/exit trades using the Heiken Ashi indicator. You can also track the price of winning trades by percentage, ATR, MA. PSAR, Heiken Ashi.
Heiken Ashi main functions
You can detect the trend using the RobotFX Heiken Ashi indicator for multi-timeframes (trend detector can also be disabled).
Follow the Heiken Ashi trading strategy. Open/Close trades are based on the Heiken Ashi color change.
You can track the winning trades using a variety of methods such as the Heiken Aki candles, moving average indicator and PSAR, ATR, and fractals indicators.
Manage trades by placing StopLoss and TakeProfit, TrailingStop, BreakEven, TrailingStop, TrailingStop, BreakEven, etc.
This RobotFX Heiken Ashi strategy allows traders to trade with the trend.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$279
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
RobotFX
Founded
2006
Website
www.robotfx.org/p/heiken-ashi.html