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What is Patrex Pro?

Introducing the award-winning Patrex Pro, recognized as the foremost fully automated Forex trading robot worldwide. This groundbreaking tool revolutionizes the process of building wealth through forex trading. By utilizing advanced algorithms, Patrex Pro optimizes the path to success in the Forex market, continuously searching for profitable trading opportunities. Upon identifying a favorable trade, the robot executes it with precision, removing the uncertainties and human mistakes that frequently impede trading success. With Patrex Pro, you acquire an outstanding trading ally that works flawlessly alongside you! 🤖✨ Imagine having a sophisticated, completely automated AI assistant focused on improving your trading journey. This insightful bot not only performs in-depth market analysis but also serves as a personal advisor on the optimal moments to buy and sell, while providing crucial risk management strategies. It's like having a seasoned trader by your side, available around the clock! Additionally, its plug-and-play capability makes it exceptionally easy to use for traders of all experience levels. With Patrex Pro, the realm of forex trading becomes both accessible and efficient for everyone, transforming the way you approach the financial markets.

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

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

$199 per month
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

Godlove Group

Date Founded

2020

Company Location

South Africa

Company Website

godloveuniversity.com/patrex-pro/

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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