The Bloom EA is an intelligent automated Forex trading robot designed specifically for the popular Metatrader 4 platform. It analyzes the markets and executes trades based on predefined strategies and advanced algorithms. The robot was developed by expert Forex traders and computer programmers with over 15 years of combined experience.

According to the developers, the Bloom EA is designed to generate consistent profits regardless of market conditions. It scans for the best price breakout opportunities and aims to capitalize on both rising and falling trends.

Key Features of the Bloom EA

bloom eb chart

Here are some of the standout features that make the Bloom EA a powerful trading solution:

  • Sophisticated algorithm – The Bloom EA utilizes an advanced algorithm that monitors price action and volatility in real-time to identify high-probability trading opportunities with precision.
  • Supports all currency pairs – Most EAs only work for specific currency pairs. The Bloom EA works seamlessly with all major, minor and exotic currency pairs. This provides more flexibility in trading.
  • Pending orders strategy – The Bloom EA enters trades using pending buy and sell limit and stop orders. This enables getting into trends at optimal prices.
  • Intelligent exit system – The EA uses a strategic sequence of take profit, trailing stop loss and break even stop loss levels. This allows running profitable trades longer while minimizing losses.
  • Works with all brokers & accounts – Since it does not use any special broker APIs, the Bloom EA is compatible with all Forex brokers, ECN/STP or market maker. It can be used with micro, standard and ECN accounts.
  • Stealth mode – The Bloom EA can run in stealth mode, which prevents it from displaying on the charts. This keeps your trading strategy private.
  • High winning percentage – Backtests show an average winning percentage of 63%, which is impressive for an automated trading system. Losing trades are quickly exited to conserve capital.
  • Low drawdown – The risk protocols built into the Bloom EA keeps the drawdown low. Historical drawdown was just around 18% over 8 years of backtest data. This ensures account longevity.
  • Ease of use – The Bloom EA is plug and play. Once installed correctly, it can be used straight out of the box with the default settings. Easy to configure and monitor.

Performance & Backtest Results

Extensive multi-year backtests were conducted on the Bloom EA to analyze its profitability across different market conditions. The results showcase the remarkable consistency of this trading robot.

Here are the key backtest metrics:

  • Period – 2010 to 2018 (8 years)
  • Total trades – 1657 trades
  • Wins – 1046 (63.13%)
  • Losses – 611 (36.87%)
  • Profit factor – 1.51
  • Max drawdown – 17.82%
  • Total net profit – $138,621
  • Average pips per trade – 18 pips

The largest winning trade was $1,246 while the biggest loss was $604. The Bloom EA gained profits in months, with an average winning streak of 5 trades. Only 1 to 4 trades were opened each day on average, showing the selective nature of the EA.

These stellar backtest results demonstrate the Bloom EA’s ability to generate consistent profits month after month for years. The combination of high winning percentages, low drawdown, and steady gains indicates this is a reliable performer.

The developers recommend using the Bloom EA on the 1 hour or higher timeframes of any currency pair. It is safe to use with a $500 account balance, but at least $3000 is recommended to target 5% to 15% monthly gains.

Real Account Live Results

Seeing is believing! When it comes to Forex robots, traders want proof of real results. Here are recent screenshots from a live trading account using the Bloom EA:

As you can see, the Bloom EA is making steady gains of 209 pips or $2,090 in just 2 weeks of live trading. This showcases the real profit potential of this automated trading system. Over 52% winning trades and minimal drawdown gives confidence in the EA’s performance.

Many more Bloom EA users are reporting consistent profits in their accounts. Of course, past results do not guarantee future performance. But the live results align closely with the backtests. For best results, use proper risk management and monitor the EA periodically.

How Does the Bloom EA Decide on Trades?

bloom eb chart 1

Transparency about an EA’s logic and strategy is important before you trust it with your capital. Here is a quick overview of how the Bloom EA analyzes the markets and determines which trades to take:

  • Step 1 – The algorithm checks for potential price breakout opportunities by identifying support and resistance levels across 28 currency pairs.
  • Step 2 – The EA calculates volatility in real-time to gauge market conditions and sentiment. Higher volatility increases the probability of a successful breakout.
  • Step 3 – Pending orders are placed just above resistance levels and below support levels. Entry orders are staggered across various price points to get the best possible market entry.
  • Step 4 – If price breaks out in the anticipated direction, the entry orders are triggered. SL and TP levels are set according to prevailing volatility and trader risk appetite.
  • Step 5 – Trades are monitored with a unique sequence of trailing stops, break evens and TP modifications to maximize profits. Losing trades are exited quickly per predefined stop loss rules.

As you can see, the Bloom EA uses a precise, rule-based approach for finding and trading high probability breakouts. There is no guesswork involved – just cold, calculated accuracy.

Benefits of Using the Bloom EA

Trading with the Bloom EA provides several advantages compared to manual trading:

  • Makes no mistakes – The Bloom EA will flawlessly execute the strategy 24/7 without any lapses, errors or emotional decision making. You don’t have to monitor the charts constantly.
  • Captures more opportunities – An EA can scan across multiple currency pairs simultaneously and trade more frequently, capturing moves a human trader would undoubtedly miss.
  • Objective & disciplined – The Bloom EA sticks to its strategy with machine-like precision and discipline, removing the greed and fear that often ruins human traders.
  • Saves time – Once installed, the Bloom EA trades automatically, freeing up your time for other important things in life.
  • Diversifies trading – The EA allows you to implement a rules-based strategy across multiple currency pairs and time frames. This diversification can smooth out results.
  • Customizable – EAs allow full customization and optimization of strategies. You can tweak settings to align the robot with your risk appetite.
  • Affordable – Top Forex EAs like Bloom cost a small one-time fee, making automated trading accessible for all traders. No performance or management fees.

For these reasons, trading with EAs like the Bloom can give you an edge over manual discretionary trading.

How Much Does the Bloom EA Cost?

The Bloom EA is sold for a one-time payment of $179. This provides lifetime access to the robot, unlimited updates, email support, and bonuses.

Considering the profit potential of this EA, the price is quite reasonable compared to competing products. Some Forex robots cost nearly $500 but with no verifiable track record.

At just $179, the Bloom EA provides a great value to your trading. There are no added fees or commissions. You get to keep all the profits you make.

For just the cost of a nice dinner for two, you can start algorithmic trading on autopilot. The Bloom EA could end up paying for itself within the first few weeks of trading if used properly.

How to Install and Run the Bloom EA

92 business man watching computer screen forex chart on wall screen futuristic sci fi background vec

The installation process for the Bloom EA is quick and straightforward. It only takes a few minutes to set up the robot in MT4:

  1. Purchase and download the Bloom EA files – it will come as a .ex4 file which is the executable EA file.
  2. Open your Metatrader 4 platform, go to File > Open Data Folder. This will reveal the file directory.
  3. Locate the ‘Experts’ folder and paste the Bloom EA .ex4 file directly into it.
  4. Restart your MT4 platform. The Bloom EA should now appear in the Navigator panel under Expert Advisors.
  5. Drag the Bloom EA directly onto the currency pair chart you want to trade. Make sure to attach it only to one chart.
  6. In the Inputs tab of the EA, you can configure the parameters according to your risk appetite. The default settings work fine for most traders.
  7. Enable auto trading on the chart and Allow Live Trading in the EA inputs. Click OK.

That’s it! The Bloom EA will now trade your account automatically. Let it run and watch the profits roll in.

Tips for Getting the Most Out of the Bloom EA

To achieve optimal and safe results with the Bloom EA, follow these tips:

  • Use a dedicated Virtual Private Server (VPS) to run your MT4 and the EA 24/7.
  • Start with small position sizes of 0.01 lots and conservative risk settings.
  • Trade only during the active London/New York sessions for best liquidity.
  • Avoid big news events and limit trading before major announcements.
  • Monitor trades occasionally but let the robot do its job without interference.
  • Backtest the EA thoroughly with your broker’s prices before going live.
  • Use separate accounts for the EA and manual trading.
  • Track your results consistently to fine-tune inputs and risk limits.

With the right usage practices, the Bloom EA can power your portfolio to new heights. Be sure to capitalize on this game-changing trading technology.

The Verdict?

In summary, the Bloom EA is a top Forex robot with a stellar track record, reasonable price, and proven profitability. If you are looking for hands-free trading, consistent profits, and creative freedom, the Bloom EA checks all the boxes.

With algorithms getting smarter every year, EAs like Bloom are leveling the playing field for traders. Take advantage of this innovative trading tool to stay ahead of the markets. Enable algorithmic trading in your portfolio today to grow your account automatically!

Bloom EA For Metatrader 4
Bloom forex ea

The Bloom EA is an intelligent automated Forex trading robot designed specifically for the popular Metatrader 4 platform. It analyzes the markets

Application Category: MT4 software

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