Table of Contents

Sections on This Page

Table of Contents

Sections on This Page

Updates

Version 1.43

👍️ Made the trade management more reliable. Added the Risk-Swapping concept from this blog article

👍️ You can now enable SL at Break Even for the first position (always enabled for additional positions). See parameter “Use SL at BE if in profit”

Downloads

Download v1.431 for MT5

Download v1.431 for MT4

Version 1.42

🚨 Removed several bugs. Especially when it comes to loosing tracking if the EA or MT has been restarted. In general still applies: After you started the EA with your parameters, AND it has positions opened, try not to change any parameters or to swtich the timeframe of the chart. This version has not more sophisticated cache management and state tracking, but still: try not to test it.

🚨 The “Aggressive&Fast” strategy got less aggressive. It has now lot limits and uses the cleaner more often than before.

🚨 The “HedgingTrend” strategy is now more reliable.

For all strategies, I recommend to set the lot factor of 1x per $1000. For example: If would like to avoid drawdown larger than $10,000 for super sure, then set your lot multiplier to 10.

Downloads

Download v1.420 for MT5

Download v1.420 for MT4

Version 1.401

Major updates summarized:

🚨 Bug making the lots too high on accounts larger than 50k – fixed.

🚨 New trade management strategy “Trend Hedger” added.

🚨 Added the AI Traffic Lights 🚦 - recommends long or short position based on AI that has been trained with thousands of BFG trades. It predicts if a trade will be closed with 2 positions or less.

../_images/aiampel.png

The new trade management strategy “Trend Hedger”.

This strategy is great if you prefer to wait long time and to avoid any risks.

If the price keeps moving deeper and deeper, it opens SHORT positions as HEDGES. If the price continues its movement down, the short positions make more profit than the original long positions and everything can be closed with profit.

If the price goes up again (like in the image below) long trades are closed and the hedges are managed individually. Here are 3 examples of how it performs:

Example 1: The trend is weak. The original long position is closed after the hedging short positions have been opened. The short positions are then managed individually and closed later too.

../_images/Example1TrendHedger.png

Example 2: The up trend is strong while we opened a short position.

../_images/Example2TrendHedger.png

Example 2: The down trend is strong while we opened a long position. (Live account - hence little bit cluttered with multiple trades)

../_images/Example3TrendHedger.png

You can activate the new strategies from the input configuration:

../_images/bfg1400_selection.png

Downloads

Download v1.401 for MT5

Download v1.401 for MT4

Version 1.302

ℹ️ Introducing the BFG APP

You can now trigger a position from your phone! No direct access to Meta Trader on computer required.

../_images/bfgapp_video.png

ℹ️ Introducing a new Autopilot. It enters during around NY opening time. 1-3 trades per day.

../_images/bfgv130_backtest_equity.png ../_images/bfgv130_backtest_summary.png

ℹ️ 🚨 A severe bug in MT4 fixed. 🚨 Please upgrade MT4 as soon as possible.

Downloads

Download v1.302 for MT5

Download v1.302 for MT4

Version 1.21

ℹ️ Several bugs fixed. Expecially related to position tracking.

ℹ️ The risk management strategies are less risky but it might take longer to close everything in profit compared to version 1.205.

ℹ️ No set files required anymore. You can select your predefined configuration from a drop down selection. However, feel free to adjust your Multiplier according to your account size. I recommend 0.01 per $1000.

../_images/inputs_210.png

ℹ️ If error messages occur, they are shown in a list. The list can be cleared with a button.

../_images/error_messages_121.png

Downloads

Download v1.21 for MT5

Download v1.21 for MT4

Version 1.204

Important bug fixes and minor updates.

🦺 Added an Emergency button to close all BFG trades with one click.

🍰 The Executor Buttons moved to the top so they are visible also in a small chart window

../_images/bfg1203_newui.png

Downloads

Download v1.204 for MT5

Download v1.204 for MT4

Version 1.20

Autopilot with Constant Lots

🐤 The Autopilot strategy has no martingale and no grid anymore. Now it uses Stop loss and is suitable for small accounts too.

../_images/backtest_bfg120_2023.png

Panic Emergency Stop Loss

🚧 Introducing the Panic Emergency Stop loss. It will close the Executor trade if the market moves into wrong direction too badly.

../_images/bfg120_sl_demo.png

Catch The Yolo Trades with 1st TP Factor

🚀 Added the TP factor for the first trade. If you expect a major reversal on a weekly time frame, let the first position run to the moon. The Executor will close as usual only if your to-the-moon entry does not work out immediately and a second position is opened.

../_images/LongTpDemo.png

Downloads

Download v1.20 for MT5

Download v1.20 for MT4

Version 1.19

  • Introducing the Cleaner. This video shows what it is 🚀

  • Also available for MetaTrader 4 🔥

  • Fixed a bug with one particular broker causing the Executor loosing track of tades immediately after triggering a new trade

Download v1.19 for MT5

Download v1.19 for MT4

Version 1.18

  • Fixed the detection of open market conditions despite low liquidity states. This improves the trade management between 23:00 and 1:00 GMT and resolves mainly backtest issues.

Download v1.18 for MT5

Version 1.17

  • Added Executor-Only mode. Now you can make the EA ignoring automated trade triggers and use only your manual ones.

  • Improved stability for the Executor cache.

  • Changed the behaviour after the hard SL, where the EA eventually continued scaling in.

Version 1.16

  • added specific lot multiplier, which affects the Executor positions only (not affecting the autotrading position scaling)

  • The executor is much more robust after restarting and after reconfiguration (no lossing track of open positions anymore)

  • The executor allows now trailing stop to be configured from the inputs (activated above break even when $1.5 per 0.01 lots is reached)

  • added hard stop loss which closes all BFG positions if the drawdown in account currency (e.g. USD) exceeds the value from the config