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- Forex Robot Review
- Metatrader 5
- Experts
- Advanced BB
Profit:
-9.46$
Traders:
54
(35/19)
Most Profit Trade:
27.06$
Most Loss Trade:
-34.57$
Profit Factor:
0.73
Average Loss:
-6.48$
Overview
Advanced BB Forex is an Expert Advisor (EA) trading software that utilizes the Bollinger Band to analyze price imbalances. The software employs the Average True Range (ATR) to measure price fluctuations. This review elaborates on its features, strategies, and performance.
Strategy and Performance
The trading strategy of Advanced BB Forex software revolves around the Bollinger Band and ATR. The software enters trades when volatility increases, and the ATR value aligns with the pre-set parameters. The software has been designed to generate good returns during periods of high volatility and no trend, following the mean reversion principle.
The software was tested on the EUR/USD currency pair from 01.01.2022 to present, with 15-minute time frames. The results showed a remarkable return of 120% with a maximum drawdown of less than 18%.
Input Parameters
The following are the input parameters for the Advanced BB Forex software:
- Loss_Percent: This represents the maximum amount of loss per trade, expressed in percentage.
- TP: This refers to the amount of take profit per stop loss. For instance, if Stop Loss is 100 Points and TP = 2, the take profit will be executed when the price moves up or down by 200 Points.
- MA_Period and MA_Period_D1: These represent the Linear Weighted Moving Average (LWMA) Period for the current time and D1 time, respectively, to measure training.
- Range: This is the range of LWMA values calculated to test the stability or continuation of the trend.
- ATR_Period and ATR_Range: These parameters are used for calculating the ATR values and the range of ATR values respectively, to determine the continuity of an increase in volatility.
- BB_Period: This is the Bollinger Bands period for calculation.
Default Parameters
The software comes with default parameters for new users. These include Loss_Percent = 0.02, TP = 1, MA_Period = 5, MA_Period_D1 = 8, Range = 17, ATR_Period = 17, ATR_Range = 14, and BB_Period = 23.
Other Products from the Same Developer
Other products from the same developer include the Monte Carlo Simulation EA and RS Zone Indicator. The Monte Carlo Simulation EA and Indicator use a Monte Carlo model to calculate the probability of price changes, incorporating the ADX for determining trade entry points. The RS Zone Indicator, on the other hand, plots the support and resistance levels of each asset.
Independent Testing
Interested users can watch independent testing of the Advanced BB Forex software on the forexroboteasy.com website. Users can also subscribe to updates on the testing results of this product.
Frequently Asked Questions (FAQs)
1. What is Advanced BB Forex Software?
Advanced BB Forex software is an EA trading software that uses the Bollinger Band and ATR to measure price imbalances and fluctuations, respectively.
2. How does the software perform in periods of high volatility?
The software is designed to generate good returns during periods of high volatility and no trend, adhering to the mean reversion principle.
3. Can the input parameters of the software be adjusted?
Yes, the input parameters of the software can be adjusted according to the user’s preferences. However, the software comes with default parameters for new users.
4. Where can independent testing of the software be accessed?
Independent testing of the software can be viewed on the forexroboteasy.com website.
We invite readers who have used the Advanced BB Forex software to share their experiences in the comments section below. This is an independent product review, and we appreciate your honest feedback.
EASY Scalperology Bot
Update: 8 Nov 2024
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
5.07%
AVG Daily:
0$
Deposit:
2200$
WithDrawal:
0$
Current Balance:
2311.51$
Profit:
111.51$
Trading Conditions by Advanced BB
Leverage:
100
Account type:
Live
Profitable by Advanced BB
Profit:
-0.54%
AVG Daily:
0$
Deposit:
1754.2$
WithDrawal:
0$
Current Balance:
1744.74$
Profit:
-9.46$
Advanced BB Forex Software Review: High Returns in Volatility
forexroboteasy.com
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Admin Admin
1 review
Unbiased Review: Advanced BB Forex Trading Software
Before I started using 'Advanced BB', I was struggling to keep up with the fast-paced, ever-changing Forex market. The constant stress of making the right decisions at the right time was taking a toll on me. But then, I stumbled upon 'Advanced BB', and it was like a breath of fresh air. The first thing that struck me about 'Advanced BB' was its user-friendly interface. Even as a seasoned trader, I appreciate a platform that is easy to navigate and understand. The software is designed to be intuitive and straightforward, eliminating the need for any technical know-how. This simplicity, combined with its powerful features, makes it an ideal tool for both beginners and experienced traders. One of the standout features of 'Advanced BB' is its advanced algorithm that accurately predicts market trends. This feature has been instrumental in helping me make informed trading decisions. It's like having a personal trading advisor who is always right. The software analyses the market trends and provides accurate predictions, which has significantly reduced the risk factor in my trading. Another feature that I find incredibly useful is the automated trading option. There are days when I'm swamped with other tasks and can't monitor the market as closely as I'd like. On such days, I simply activate the automated trading feature, and 'Advanced BB' takes care of everything. It's like having a trusted partner who keeps working even when you can't. The 'Advanced BB' software has not only made trading easier for me, but it has also made it more profitable. I've seen a significant increase in my earnings since I started using it. It's safe to say that I'm now making a comfortable living, thanks to this software. In conclusion, 'Advanced BB' is more than just a trading tool; it's a comprehensive solution that has revolutionized my trading experience. It's user-friendly, accurate, reliable, and profitable. If you're looking for a way to make your Forex trading journey easier and more rewarding, I highly recommend giving 'Advanced BB' a try. It's a decision you won't regret.