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What is Happy Market Hours?

Happy Market Hours adopts a trend/scalping approach that leverages technical indicators, proving particularly successful with currency pairs like EURUSD, EURCHF, EURGBP, USDCAD, USDCHF, and GBPUSD when assessed on the M15 time frame. This expert advisor is tailored for both standard and ECN accounts, yet it's crucial to recognize that not every broker is suited for executing a scalping approach effectively. The system features a Spread Filter, which stops the EA from placing trades if the broker's spread surpasses a set limit, thereby ensuring optimal trading conditions. Furthermore, it incorporates adjustable stop loss and take profit levels that respond to prevailing market sentiment, facilitating a more agile trading experience. The Happy Market Hours trading system caters to traders of various skill levels within the forex sector and is compatible with any substantial client accounts that operate on the Metatrader platform. By streamlining trading processes and enhancing overall profitability, this EA aspires to provide significant advantages to its users in the competitive world of foreign exchange trading. Therefore, it serves as a valuable tool for anyone looking to improve their trading strategies.

What is BF Scalper EA?

The strategy is straightforward yet highly effective. The Expert Advisor (EA) utilizes breakouts from the Bollinger Bands to generate signals for entry and exit points. In our view, the Bollinger Bands stand out as the most exceptional technical indicator ever developed, and we extend our gratitude to Mr. John Bollinger for this innovation! Throughout our experience with various indicators and trading strategies, we have found that the Bollinger Bands excel at capturing market volatility for scalping purposes. The stop loss is typically set within a range of 20 to 60 pips. Traders can choose between a fixed take profit of 4-8 pips or allowing the exit logic to dictate the position management. The BB indicator plays a crucial role in determining exit strategies, closing trades regardless of whether the price surpasses the opposite Bollinger Band line, managed through the "BandBreakExit" parameter, which performs optimally within a range of minus one to plus one-two. The backtest results for our forex robot BF Scalper have shown promising performance on several currency pairs, including EURUSD, USDCAD, EURCHF, USDJPY, GBPCAD, GBPUSD, and USDCHF. Additionally, the EA features robust spread protection, which is essential; utilizing limit orders can lead to unpredictable spreads of 10 to 20 pips, and a single trade with such a spread can wipe out the profits from multiple successful trades, given that the average expectancy in this trading style typically ranges from 2 to 3 pips at best. Thus, ensuring the integrity of each trade is critical to maintaining overall profitability.

Media

Media

Integrations Supported

MetaTrader 4
MetaTrader 5

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

Has API

API Availability

Has API

Pricing Information

€299 one-time payment
Free Trial Offered?
Free Version

Pricing Information

$97 one-time payment
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Happy Market Hours

Company Website

www.happyforex.de/happy-market-hours/

Company Facts

Organization Name

FXautomater

Company Website

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

Categories and Features

Categories and Features

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