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What is Korvato?

Korvato promotes itself as a leading-edge AI software company that offers advanced algorithmic solutions tailored for various market conditions. Central to its services is an automated trading system called Optimus AI, which is designed to assist users in generating passive income by overseeing trading operations. The platform asserts that users can effortlessly achieve profits by utilizing AI to execute trades, gradually accumulating positions until they reach their desired profit margins. By integrating conventional investment methods with modern technology, Korvato aims to improve the entire investment experience. However, discussions within the community suggest that some users believe the bot simply aggregates positions until it hits predetermined price targets, rather than actively trading. Reviews regarding trust reveal skepticism among prospective users, and feedback from the community raises doubts about whether the system lives up to its claims, prompting many to question its actual efficacy. This gap between what is expected and the reality of the situation highlights critical factors for individuals considering the use of the platform. As the conversation continues, it becomes crucial for potential users to thoroughly evaluate the platform's capabilities before making a decision.

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

Pricing not provided.
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

Korvato

Company Location

United States

Company Website

www.korvato.com

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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