Trading Bee EA

Trading Bee EA, a premier Forex software in the trading market, is designed to analyze both trend and reversal trading. This expert advisor employs several technical indicators, namely Ichimoku Kinko Hyo, Bollinger Bands, Parabolic SAR, Stochastic Oscillator, Relative Strength Index (RSI), and On Balance Volume (OBV).

Trend Recognition and Entry Signals

The Ichimoku Kinko Hyo and Parabolic SAR work in tandem to recognize trends in the market. Simultaneously, the Bollinger Bands, RSI, and Stochastic Oscillator are responsible for generating entry signals. These indicators are optimized to offer the best trading signals.

Bollinger Bands are used when the price crosses the band, triggering an entry signal. RSI comes into play based on the value and the specified buy or sell trade limits. The Stochastic Oscillator also creates entry signals, with the K and D values and their crosses (K crossing D on long and D crossing K on short) being the determining factors.

Trading Bee EA Flexibility and Configurability

One of the notable features of Trading Bee EA is its flexibility. It can be configured to trade trends or against them, depending on your trading strategy. You can set the maximum spread for orders, as well as the maximum number of opened orders. Ichimoku and SAR can be enabled or disabled and configured to different timeframes, giving the user a high degree of control over their trading strategy.

Trade-Out Strategy

Another important feature of the Trading Bee EA is its trade-out strategy. It does not use specific values of take-profit and stop-loss but instead relies on the settings of Bollinger Bands, RSI, and Stochastic. Bollinger Bands can be configured for trade out, depending on prices and bands crosses. RSI can be used as a trade out based on its value and buy or sell trade-out limits. Similarly, the Stochastic indicator can be used for trade-out according to K and D values and buy or sell trade-out limits. OBV works as a trade-in filter, contributing to the overall smart signal detection system.

Features and Settings of Trading Bee EA

Trading Bee EA comes with a number of features, including fully automated trading, a smart trend trade algorithm for a smart signal detection system, and an intelligent and dynamic trade-out system. It does not employ Martingales, making it a safer choice for traders. Some of the key settings include a basic lot size of 0.1, a maximum volume of 500 per symbol, a maximum spread to open orders of 15, and a maximum number of opened orders set at 20. It also allows trend detection to be enabled or disabled and set to different timeframes.

Independent Testing and Updates

Interested users can watch independent testing of Trading Bee EA on the forexroboteasy.com website. Subscriptions for updates on the testing results of this product are also available.

FAQs

Can Trading Bee EA be used for both trend and reversal trading?

Yes, Trading Bee EA can be configured for both trend and reversal trading, depending on the user’s strategy.

Does Trading Bee EA have specific values for take-profit and stop-loss?

No, Trading Bee EA’s trade-out strategy is based on the settings of Bollinger Bands, RSI, and Stochastic.

Where can I watch independent testing of Trading Bee EA?

Independent testing of Trading Bee EA can be viewed on the forexroboteasy.com website.

We invite readers who have used Trading Bee EA to share their experiences. Please remember that this review is independent and does not endorse or criticize the product. It is intended to provide a neutral overview of the features and capabilities of the software.