Blue Dollar EA

Blue Dollar EA, a currency trading software, is a multifunctional tool that stands out in the realm of Forex trading. This software is designed to operate with all major currency pairs on any timeframe, making it an ideal tool for intraday trading.

Strategy and Market Analysis

The software’s strategy is rooted in the analysis of price action within the daily volatility range for a specific period. This approach allows the software to adjust to market fluctuations and optimize trading decisions. The software’s in-depth market analysis allows it to predict price movements and devise tactics to maximize profits.

Features and Functionality

Blue Dollar EA showcases a broad array of features, which can be configured to suit any trading style. These features include scalping, position averaging, martingale/antimartingale, and hedging. All these are designed to facilitate a comprehensive trading experience, whether you are a seasoned trader or a beginner in the Forex market.

Scalping

This feature uses virtual stops from 1 point, enabling traders to capitalize on small price changes in the market.

Position Averaging

Whether you prefer an adaptive or fixed distance from the last opened position, Blue Dollar EA has got you covered. This feature allows you to balance out the average price of your position.

Martingale/Antimartingale

This function allows traders to either increase or decrease the lot size, thus managing the risk and reward ratio effectively.

Hedging

Blue Dollar EA allows simultaneous trading with short and long positions. This feature can enable traders to offset potential losses in their portfolio.

Order Placement and Management

Blue Dollar EA utilizes invisible order placement levels for brokers, including stop loss, take profit, and trailing stop levels. The software can manage positions opened manually or by another expert, making it a powerful tool for portfolio management. The details of the trading process and related statistics are displayed on the information panel and as lines on the chart.

Calculating Stop Loss, Take Profit and Trailing Stop Levels

The software allows calculations in pips, money, or percent of the balance. The flexibility in calculation methods provides traders with a higher level of control over their trades.

Managing Positions

Blue Dollar EA can manage and close positions in different directions simultaneously. This feature allows traders to optimize their trading strategy based on the current market conditions.

Parameters and Configuration

Blue Dollar EA offers a wide range of parameters for traders to configure according to their trading style and market conditions. These include MaximumSpread, ATRPeriod, ATRDistance, UpdateDistance, LotsFor1000, TradingMethod, OrderOpenMode, OrderOpenStop, OrderOpenStep, OrderOpenRatio, MaximumOrders, and LotCalcMethod.

Independent Testing and Updates

For those interested in seeing Blue Dollar EA in action, independent testing of the product is available on the forexroboteasy.com website. Subscriptions for updates on the product’s testing results are also available.

FAQ Section

What is the Blue Dollar EA?

Blue Dollar EA is a multifunctional Forex trading software designed for intraday trading with all major currency pairs on any timeframe.

What features does it offer?

The software offers a range of features including scalping, position averaging, martingale/antimartingale, and hedging. It also allows for flexible configuration of trading parameters.

Where can I see it in action?

Independent testing of Blue Dollar EA is available on the forexroboteasy.com website.

We invite you to share your experiences with Blue Dollar EA. Your insights could be valuable to others in the trading community. Please note that this is an independent product review and all information is presented objectively.