BumbleBeeFX – Forex Expert Advisor
Trade Expert Advisor BumbleBeeFX is an intellectually advanced tool for automatic trading of currency pairs. The application was created by the company of the same name engaged in trade software development. The Expert Advisor is notable for its algorithm, which is self-updating when trading conditions change. The Expert Advisor uses fully automatic dynamic trading logic and has a unique security system that protects against sudden price reversal, slippage and spread expansion. The Expert Advisor is suitable not only for trading currency pairs, but also for other investment assets such as non-farm payrolls.
BumbleBeeFX – detailed information
|Executive class||Short- and medium-term|
|Type of Expert Advisor||trend|
|Size of the lot||not less than 10000 points per 0.1 standard lot|
|Size of deposit, $||1000|
|Indicators||your own indicators|
|Recommendationed brokers||IC Markets, FxPro, Fort Financial Services, RoboForex, InstaForex, Exness|
|Pair tool/forex||Any currency pairs|
|Yield, % p.a.||96.33|
|Max. drawdown, % p.a.||15.29|
|Autonomous account type|
|Maximum risk limit|
|Many series in one direction|
|Automatic start lot|
|Fixed Take Profit|
What is a Forex Expert Advisor?
In connection with the popularization of automated trading, many investors ask themselves what is a Forex Expert Advisor? First of all, it is a special program required to manage the trading process automatically, i.e. without the trader’s participation. A trader invests in the robot in advance, a kind of algorithm, the conditions on the basis of which the subsequent market activity is carried out.
How do forex advisors work?
When you trade manually, you need to analyze the market yourself, take into account the forex forecast for the current day, forex news and choose the entry points to the market. However, it is also possible to trade automatically, using special programs that do most of the work for a trader – forex advisors.
Why shouldn’t beginners trade with Forex Expert Advisors?
Trading involves obtaining a great deal of knowledge – understanding the functioning of the market and various nuances, including the ability to apply technical and fundamental analysis. Forex Expert Advisors, i.e. the programs used for automatic trading, cannot help it.