Average Ratings 0 Ratings
Average Ratings 83 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
Kraitos Elite, provided by AuvoriaPrime, is a highly versatile Forex Expert Advisor that boasts exceptional capabilities.
Users can either select from a variety of preset trading strategies or opt for complete customization, allowing them to fine-tune every detail, from trade entries and management to exits.
This advanced tool incorporates a range of indicators such as RSI, moving averages, trend filters, and stochastic indicators, facilitating adaptive trade decisions across various timeframes.
With features like adjustable stop loss, take profit, trailing stops, and flexible risk settings, it caters to both novice and experienced traders.
Whether engaging in scalping or swing trading, Kraitos Elite is designed to seamlessly align with individual strategies and preferred trading styles, ensuring a tailored trading experience.
Its adaptability makes it a valuable asset for anyone looking to enhance their Forex trading performance.
API Access
Has API
API Access
Has API
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$5000
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
Auvoria Prime
Founded
2020
Country
United States
Website
auvoriaprime.com/kraitos-elite/