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What is News EA?

The Metatrader News expert advisor is designed to capitalize on forex news by implementing an OCO (one-cancels-others) strategy while monitoring the performance of successful trades. This approach involves placing a predetermined number of opposite pending orders—either short below or long above the current price—right before a news announcement is made. As soon as the market price activates one of these pending orders, the opposite orders can be automatically canceled, which is a critical aspect of this news trading method. Additionally, the system is capable of setting stop-loss, take-profit, trailing, and break-even options to enhance trade management. Utilizing the OCO mechanism is crucial for traders, as it allows them to efficiently respond to market movements. Many forex traders often employ this strategy by establishing two pending orders right before significant news releases, typically consisting of either a buy-stop or sell-stop order, which is recognized as one of the most effective methods for trading news events. By integrating these functionalities, the News expert advisor aims to maximize trading opportunities during volatile market conditions.

What is BF Scalper PRO?

The advanced iteration of our widely used EA, known as BF Scalper PRO, brings several enhancements to elevate its performance. We have integrated numerous new features and systems to this professional version, significantly boosting its efficacy. One notable improvement is the refined exit strategy, which effectively minimizes drawdown. Additionally, we introduced an ATR-based Stop Loss Calculation algorithm as an optional feature, ensuring that Stop Loss levels adjust in accordance with current market volatility, thereby further decreasing drawdown while enhancing the Profit Factor. Furthermore, the inclusion of a Grid System within BF Scalper PRO aims to enhance profitability and lessen reliance on broker conditions. This Grid System is designed to be optional, allowing users the flexibility to disable it if preferred. For those interested in utilizing the Grid System effectively, guidance is provided. To validate the system's performance in live market scenarios, I conducted backtests using 99.9% quality, real tick data, and actual spreads, yielding promising results that demonstrate the system's reliability. Overall, these updates position BF Scalper PRO as a formidable tool for traders looking to optimize their strategies.

Media

No images available

Media

Integrations Supported

MetaTrader 4
MetaTrader 5

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

Has API

API Availability

Has API

Pricing Information

$49
Free Trial Offered?
Free Version

Pricing Information

$187 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

RobotFX

Date Founded

2006

Company Website

www.robotfx.org/p/news.html

Company Facts

Organization Name

FXautomater

Company Website

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

Categories and Features

Categories and Features

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