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A free to download automated forex scalping robot is named Bloom EA. This EA has a monthly account growth of between 10 and 30 percent. The reality that this free forex EA is created to work properly in a number of market conditions is its best asset.

The breakdown of support-resistance levels is traded by Bloom EB EA. Trading regularly with quick stops and takes is a breakouts classic. It only opens one to three trades per day. The maximum number of orders in the statistics happen during the first hour of the day because pending orders are opened an hour after rollover and removed an hour before to reopen after.

It does not utilise risky trading strategies such as the martingale, grid, or large trading, and all transactions are always protected by take profit and stop loss orders. The purpose of Bloom EA is to secure profits while reducing losses as much as possible.

Please test first for at least a week in a demo account. Likewise, introduce yourself with and understand how the EA Bloom roles it before using on a real account.

Recommendations for Bloom EA

  1. For 0.01 lots per pair, a minimum balance of $100 is required.
  2. Work best when used at once on the EURUSD and USDJPY currency pairs. Ordinarily, work on two additional matching pairs.
  3. Since it actually works the same in all timeframes, TimeFrame is pointless.
  4. Run this Bloom EA constantly on a VPS (Reliable and Trusted FOREX BROKER PROVIDE FREE VPS – Exness) and highly advise using a low spread account (Find the Perfect Broker For You Here)

Read the following information related to Bloom EA.

  • Works with MT4 only
  • Works well with Any time frames (15 min or higher recommended )
  • Works well with Any currency pairs and assets such as, commodities, cryptos, precious metals, oil, gas, etc.
  • Study how to trade with news during important news periods.

Start trading with Bloom EA

There are a few requirements that traders must meet before they can start trading. Start by reading the following line.

Choose a broker that comes highly recommended. go to the recommended brokers page
Activate and verify a broker account.
For deposits and withdrawals, create and confirm eWallets.
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Install the MT4 platform after downloading it.

Bloom EA Strategy Tester Report

Find below the Bloom EA track record for the USD/JPY & EUR/USD charts (click on the picture for a full-size view).

  • -Largest profit trade: $124.60
  • The largest loss trade was -$60.49.
  • The total net profit is $13880.11.
  • Average number of consecutive victories: 3

Chart Example

The picture below shows the Bloom EA expert advisor attached to the EUR/USD 1-hour chart.

Input Parameters & Settings Bloom EA

The following input parameter values can be modified by accessing the EA’s “Inputs” tab:

Lots of magic numbers

How to install and run the Bloom EA Scalper

  • Open the Metatrader 4 platform.
  • From the top menu, click on “File.”
  • Now click on “Open Data Folder.”
  • Open the “MQL4” folder.
  • Open the “Experts” folder.
  • Copy the Bloom EB.ex4 file here.
  • Then close and restart the MT4 platform.
  • Attach the expert advisor to the chart.

Now, you are ready to start using the Bloom EA!