Print
Pinterest
Gmail
Email App
Pinterest
Log in or register to download unlimited Forex robots!
BouncingPipeA BigBear v23 - Top-Performing Forex EA
Explore the power of the BouncingPipeA BigBear v23 Expert Advisor (EA), a reliable Forex robot designed for consistent gains in the dynamic currency markets. This EA, in the form of bouncingpipea_bigbear_v23.mq4, has been rigorously tested on popular platforms like LQDFX and FXOpen, ensuring compatibility with any broker. Elevate your trading with this advanced Forex EA, unlocking potential profits and optimizing your trading strategy. Download now and experience the automated efficiency of a proven Expert Advisor in the forex realm.
bouncingpipea_bigbear_v23.mq4 24.09 kb, 37 downloads since 2015-04-28
Join the MT4talk Telegram channel: https://t.me/MT4talkchannel
Join the MT4talk Telegram group: https://t.me/+XcwLRi9oFOJhYjlk
Watch videos from the MT4talk YouTube channel.
https://www.youtube.com/@MT4talkForexForum/videos
I've taken a closer look at the code, and it appears to have a well-thought-out trading strategy. Let me share some insights on how it operates and offer my opinion on its potential.
The EA is designed to function as a versatile tool for traders within the MetaTrader 4 (MT4) platform. It presents traders with various customizable parameters, which is a critical aspect for adapting to the ever-changing Forex market. Customization is key in this dynamic landscape, and this EA offers plenty of options to fine-tune your trading strategy.
Here are some notable aspects of this EA:
1. Money Management Methods: The EA provides multiple money management options, allowing you to tailor your lot sizes and risk levels according to your preferences. You can select from different methods, such as "Use Lots," "NIX version," "Burn0050 version," or "NIX new version with stop loss."
2. Stop Loss Strategies: You have choices when it comes to setting stop losses. You can opt for user input, candle high/low combined with user input or spread, which gives you flexibility in managing risk effectively.
3. ZigZag Settings: The use of ZigZag and NonLagZigZag_v2 indicators can be instrumental in spotting potential trend reversals and making informed trading decisions.
4. Filter Mechanisms: The EA allows you to integrate filters based on indicators like Money Flow Index (MFI), Stochastic Oscillator (Stoch), and Relative Strength Index (RSI). These filters can help you confirm trading signals and reduce false positives.
5. Trailing Stop Options: You can choose from various trailing stop methods to protect your profits and minimize losses. Each method offers a unique approach to trailing stops.
From my perspective, this EA's strength lies in its adaptability. However, it's essential to remember that while the code provides these customization options, your success with it depends on your trading knowledge, experience, and effective risk management. The forex market is complex, and even the most sophisticated EAs are most effective when used by traders who fully understand their chosen indicators, parameters, and the broader market context.
In conclusion, this EA has the potential to be a valuable addition to your trading. The key is to thoroughly understand the strategy it employs, select the parameters that align with your trading style, and use it wisely in the context of your broader trading strategy.
Feel free to share more details or ask any questions you may have about this EA or its implementation.
bouncingpipea_bigbear_v23.mq4 24.09 kb, file has never been downloaded.
Profit posts by forum members!
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The Uploaded file does not come with support.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
Updates for the Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.