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Best Free Forex Ea11/29/2020
Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.By our opinion the Bollinger Bands is the best technical indicator ever created - Thank you Mr.John Bollinger During the years weve tried many other indicators and strategies but the Bollinger Bands has proven itself as the best indicator for scalping the market volatility.You can use small fixed TP between 4-8 pips, or leave the exit logic to take care of the position.
This is commanded by the BandBreakExit parameter which works best from minus one to plus one-two. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. Its to be noted carefully in this respect, that past results are not necessarily indicative of future performance. The TicksTrade is potentially more profitable, but I prefer to use M1 open for testing and optimizations as this is the only reliable method for EA testing and tuning. If you use this mode, the stoploss and takeprofit orders are not located in the trading server. In this case, if your trading terminal is not connected, or the robot is not working, your orders would not be protected. However, we are strongly encouraging using the StealthMode, because in some cases the visible StopLoss levels could be attacked tendentiously by algorithms that some unethical brokers could use. At values greater than zero it activates a second level of true (Emergency) StopLoss on a greater distance then the virtual hidden StopLoss is located. In such case the value of the new emergency StopLoss will be the sum of the EmergencyStopDist value plus the value of the hidden StopLoss. If you use the trend filter for Asian session scalping you will get higher profit factor, but less trades. Generally, you do not need trend filter for Asian session scalping, but if you want extra safety it will help. If you do not want to use the time filtration, change this parameter to false. You absolutely must adapt this hours to your brokers GMT shift. I am using Alpari data for all our tests, because they have the best long-term real history data in the data center. So for Alpari the trading hours are 23 and 0 as the GMT shift is 2 for Alpari. As example if the MaxSpread is 6 and xMaxSpread is 2, all trading operations will be canceled if the spread exceeds 6x212 pips. For a complete list of parameters and functions, please check the BF Scalper PRO. Below you can find invidual.set files for other supported currency pairs. If you want to use the robot on other pairs please download the.set files from below list and load them correctly in the robot settings. Our developers have been working very hard to adapt BF Scalper EA to be compatible with all popular Operating Systems. Best Forex Ea Mac OS AndMac OS and Windows are the most popular OS around the world and therefore we have developed BF Scalper EA to be compatible with them. ![]() The high degree of leverage can work against you as well as for you.
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