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BlueDreams

Overview of BlueDreams

  • BlueDreams is a grid expert advisor designed to scalp specific high and low points in the Forex market.
  • It utilizes a combination of price information and custom indicators to analyze market conditions from multiple timeframes.
  • The expert advisor operates with a dynamic grid function, allowing it to adjust pipstep distances based on market dynamics.

Key Features

  • Precise entry conditions aimed at capturing highs to sell in a downtrend and lows to buy in an uptrend.
  • The EA takes orders strictly in the direction defined by the user’s selected trend timeframe.
  • Includes a wide range of risk management features, including equity limits and a news filter.
  • Dynamic grid function can be toggled to operate as a single trade expert if desired.

Trading Strategies

  • Works effectively with any currency pair, but best results have been documented with EURUSD, GBPUSD, and AUDUSD.
  • Dynamic pipstep spacing which adjusts according to market conditions and trader settings.
  • Optional Martingale functionality offers higher risk but potentially faster profits.

User Experience

  • Active community support is available through group chat where traders can share experiences and tips.📈
  • Users report a strong performance with proper setup, often becoming more confident in their trading due to clear guidelines and community backing.
  • The author, Conor Stephenson, provides personal assistance for setup after purchase, enhancing user engagement.👍

Performance Metrics

  • BlueDreams has successfully passed extensive backtesting, demonstrating reliability with trading pairs like EURUSD over a test period of 10 years.
  • User ratings show averages around 4.5, indicating overall satisfaction with the performance and usability of the EA.
  • Notable user feedback highlights consistent profitability and effective trade management features.🌟
BlueDreams

Easy Rating: 0/0

MQL Rating: 446/18

Welcome to the magical world of Forex trading, where dreams can turn into pips! If you've ever wished for a trusty companion to help you navigate those wild price swings, look no further than BlueDreams. Like a well-trained puppy, this grid expert advisor is here to dig up those ...

Release Date: 17/05/2021