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What is WallStreet Forex Robot 3.0?

The WallStreet Forex Robot is a scalping trading system that was created by the Fxautomater professional team in 2010. Since its inception, it has undergone numerous upgrades and optimizations, resulting in a period of notable success characterized by stable and impressive performance, backed by nine years of actual trading experience. The robot's core algorithm, Wallstreet Forex Robot 3.0, stems from the expertise of highly successful forex traders who boast over 25 years of experience in the forex market. This expert advisor is available in three different packages: BASIC, PREMIUM, and ULTIMATE, each offering a variety of EAs tailored to the specific package. The PREMIUM pack is particularly advantageous as it provides five robots at a more competitive price compared to the ULTIMATE pack; however, the ULTIMATE pack is worth considering for those who desire the complete array of trading tools, as it allows trading across multiple accounts simultaneously and includes an indicator. Each of these robots operates under distinct principles and algorithms, all of which are grounded in tested trading logic. Ultimately, the choice between these packages depends on individual trading needs and objectives.

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

$297 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

FXautomater

Company Website

www.wallstreet-forex.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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