BF Scalper EA

BF Scalper EA

FXautomater
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About

The logic is very simple but effective - the EA uses breakouts of the Bollinger Bands for entry and exit signals. By our opinion the Bollinger Bands is the best technical indicator ever created - Thank you Mr. John Bollinger! During the years we've tried many other indicators and strategies but the Bollinger Bands has proven itself as the best indicator for scalping the market volatility. Reasonable stop loss levels varies between 20 and 60 pips. You can use small fixed TP between 4-8 pips, or leave the exit logic to take care of the position. The exit logic is also based on the BB indicator and it will close the trade even on a loss when the price is near or breaks the opposite BB line. This is commanded by the "BandBreakExit" parameter which works best from minus one to plus one-two. Below you can check the backtest result of our forex robot - BF Scalper - on the following currency pairs EURUSD, USDCAD, EURCHF, USDJPY, GBPCAD, GBPUSD, USDCHF.

About

EliteAlgo is a comprehensive trading indicator developed by Elite Signals, designed to provide buy and sell signals across various markets, including stocks, options, forex, crypto, futures, and indices. Utilizing a proprietary algorithm, it tracks markets in real time, offering easy-to-follow signals directly on user charts. The system caters to different trading styles by providing smart signals for trend-following and regular signals for scalping. Key features include an all-in-one dashboard that displays market conditions, volume, current positions, and price status across multiple timeframes, enhancing traders' situational awareness. Additionally, EliteAlgo offers to take profit and stop-loss suggestions, simplifying trade management by providing entry levels and recommended exit points. The Elite Oscillator complements the main indicator by displaying trade momentum, hidden divergences, and squeeze indicators, aiding traders in making informed decisions.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Forex traders looking for a Forex robot software

Audience

Traders requiring a solution to simplify market analysis and enhance trading performance across multiple financial markets

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$97 one-time payment
Free Version
Free Trial

Pricing

$99.95 per month
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

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

Company Information

Elite Signals
United States
elitesignals.com

Alternatives

BF Grid Master EA

BF Grid Master EA

FXautomater

Alternatives

Grid Master PRO

Grid Master PRO

FXautomater

Categories

Categories

Integrations

MetaTrader 4
MetaTrader 5
Elite X Auto Trader

Integrations

MetaTrader 4
MetaTrader 5
Elite X Auto Trader
Claim BF Scalper EA and update features and information
Claim BF Scalper EA and update features and information
Claim Elite Signals and update features and information
Claim Elite Signals and update features and information