Western Pips Review Is westernpips.com Legit Or Scam Forex Signal

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Western Pips Review: Is westernpips.com Legit Or Scam Forex Signal?

Westernpips.com Review: this is a Forex signal provider that provides indicator products for forex traders. Is westernpips.com a scam or can traders trust it?

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What Are Forex Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs are sold by indicator vendors.

Western Pips is an Expert Advisor that seems to use the Forex Scalping strategy. On the page, it is claimed that the software has been working since 2009. They tout it as a Forex indicator able to increase profit while decreasing loss in a short period of time.

The vendor claims to be part of Westernpips Group which is a company that sets itself above other high-tech competitors. It uses “algorithm systems, advanced IT infrastructure and a wide range of various services”.

They also claim to be a team of highly qualified computer programmers, intent on creating a software for both the Forex and CFDs market and even cryptocurrency.

How WesternPips Works

The signal service has a major software called Forex Arbitrage EA. The combination of slow latency broker and a fast data feed is needed for the software to run effectively. What they claim is that, it can predict the price 100 to 300 millisecond before they appear in the NT for other brokers to trade. It is shown on their demo accounts and real accounts how the system selects winning trades that last only up to one minute.

They also have some other products for sale such as:

Trade Monitor 3.7

Crypto Trader 1.7

Westernpips Analyser 1.3

Westernpips Private 7 Multiterminal

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There is not much information to be found on how these other products work but they seem to use the same strategy as the Forex Arbitrage EA.

Pricing Structure

We found that the Trade Monitor 3.7 costs $1000 while others require you make a request for the price to know it.

Clients Feedback

There are some positive reviews found for this signal provider on FPA but most of them seem to be fake. The negative reviews are however more authoritative with a client claiming to have been threatened with physical harm.

Trading results are also not clear as the account on Myfxbook is not even verified. The accounts they provide do not show what the traded products are, and most have a trade span of a day or two.

Support

To contact this vendor, clients can send an email to [email protected] or have a video chat on Skype: westernpips.com

Conclusion

The high price range and lack of results that can be verified do not look good for Western Pips. There is also the issue of negative client feedback that needs to be rectified. Western Pips only have their unique strategy going for them at this time.

Western Pips Review

Western Pips is a Forex scalping expert advisor. It’s been a very long time since we’ve visited the Western Pips website, as we wrote this review originally in 2020.

The developers of the software claim that it’s been running since 2009 and is the only robot in the Forex market that’s capable to make maximum profit and very little time.

Western Pips Review

Thanks to ForexPeaceArmy, we noticed that the developers of this robot have done so well to upgrade their reputation. They’ve raised their one star rating on FPA to a 3.6, but in looking further, it does seem that the positive reviews they received was all during a short period during April. These reviews don’t seem real, and the last 10 reviews are all saying it’s a scam.

Strategy Insight

During our review of Western Pips EA we saw that they did try to give us some details about how the robot works. The Western pips main software is a Forex arbitrage EA. In order for the software to work properly the robot needs a fast data feed and a slow latency broker. They feel using the strategy that they are able to learn the price 100 to 300 ms before will actually appear in the NT for brokerage. This is a very interesting methodology and we can see that they have quite a few real and demo accounts showing their arbitration system picking up winning trades that last only a minute long.

When we first reviewed the services, it was much less flashy, and they didn’t have as many offerings. They’ve certainly expanded their product line substantially.

Here is the current product line:

  • Trade Monitor 3.7
  • FIX Trader 3.9
  • Crypto Trader 1.7
  • Analyser 1.3
  • Web Clicker 1.9
  • Private 7 Multiterminal

Trading Result

At the SCAM EA, you will find hundreds of reviews of Forex robots, where we check to see if they are verified investment product, or simply a scam. The way investors properly compare a Forex EA result, is by checking to see if their results are published in a public statement sharing site, like myfxbook or FXBlue.

Forex Alpha provided their result on myfxbook but it is quite confusing like the rest of the website. Their Myfxbook account is filled with a whole bunch of strange trading accounts, that don’t have a clear product associated with them. Many of the accounts show huge gains in a single day, and then are never traded ever again.

It’s also worth noting that all of the trading accounts are not verified, and with brokers that either don’t exist, or can’t be signed up to. It really comes across as if there is some sort of deception or trickery involved in their trading results, which is rare when it comes to Myfxbook.

It just doesn’t make sense why the accounts aren’t verified, and why so many of them are only 1-2 days of trading, then disappear.

The Western Pips group need to take whatever product they are selling, tell us exactly what it is, then put it up on Myfxbook on a known broker and verify the account. Until they do this, we will have to stick with our old conclusion.

Western Pips Review Conclusion

I will not be recommending the Western pips arbitrage EA to the Forex robot nation readers today. With a handful of negative reviews and a price tag of $2000 there is just not enough information for me to pull the trigger here. If I could get a trial version of the software and it truly is as successful as they claim then I would gladly sign up. Read this page and only pick tools that are recommended there.

WesternPips.com Review Visit site

April 2020: Large numbers of fake and highly suspicious positive reviews submitted.

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WesternPips.com profile provided by Westernpips.com, Mar 13, 2020

Price/Latency Forex Arbitrage EA Newest PRO 3.7

HELLO, MY FRIEND!

I AM SERGEY – THE AUTHOR AND THE DEVELOPER OF HIGH-FREQUENCY FOREX ARBITRAGE EA NEWEST PRO WHICH FROM 2009 TO TODAY IS THE ONLY TRADE IDEA IN THE FOREX MARKET, CAPABLE TO MAKE THE MAXIMUM PROFIT IN THE SHORTEST TERMS. THE LEGENDARY ADVISER OF NEWEST PRO – ALREADY ON SALE.

WE HAVE EXPANDED OUR STAFF AND HEADQUARTERS ARE CONDUCTING A NUMBER OF NEW DEVELOPMENTS. IS ACTIVELY WORKING ON A HIGH-SPEED ROBOTIC TRADING (HFT) FUTURES. TO ESTABLISH CHANNELS OF COMMUNICATION WITH MAJOR BANKS TO DEVELOP API / FIX TRADING. STAY WITH US AND YOU WILL GET NEW PRODUCTS FROM WESTERNPIPS.COM

WHAT IS ARBITRAGE TRADING SYSTEM?

Forex Arbitrage EA- a trading system based on a backlog of data feed. To work successfully latency arbitrage robot need to faster data feed agent and slow forex broker where data feed laq. Data feed laqs occurs because the operation of the software error broker and problems on its server. Just broker can use the bridge (Bridge), which connects it with the liquidity provider. In this way, data feed may also be braking. Especially strongly noticeable difference in data feed for large volatility market at the time of the release of important news, analysts rating agencies, changes in economic data, and so on. Lag occurs data feed on most brokers using MetaTrader 4 trading platform, MetaTrader 5, cTrader. These terminals are not perfect, thereby connecting quotes arbitrage robot Newest PRO directly to the Exchange (via the Trade Monitor software) we get the advantage of allowing for 100-300 milliseconds learn price before it will appear in the terminal broker.

Arbitrage softwareTrade Monitor for HFT trading is connected to the four fastest today data feeds Rithmic, CQF FX, Lmax Exchange, Saxo Bank. To work with each of them, you will need to open a demo or live trading account. Forex Arbitrage EA Newest PRO every millisecond receive data feed from the forex arbitrage software Trade Monitor and compares them with the prices in the terminal broker. When there is a backlog of data feed, starts trading expert arbitrage trading algorithm Newest PRO, allows to obtain the maximum profit from each signal. The following describes the basic concepts, knowledge of which is necessary when working forex arbitrage EA Newest PRO.

The new version Forex Arbitrage EA Newest PRO deserves special attention. Now the client has a choice of supplier quotations used. Added two new sources of liquidity Rithmic and CQG FX . The fastest real-time quotes are now available to everyone. Previously, access to these data was only major market players (hedge funds and layout makers), with more than $ 250,000 of capital. We have implemented integration with major exchanges CME CHICAGO, NYBOT, NYSE and others. All of these features are available in the new version arbitrage softwareTrade Monitor 3.7.

We took into account the wishes of each client, advanced algorithms trade arbitrage EA, added new features, improved interface. Our team for five years hard work leads to the development of new algorithms for high-frequency trading Forex Arbitrage EA Newest PRO is the first and only arbitrage EA in the network, brought to perfection, and improving every day thanks to our customers and our experienced programmers.

WHO FASTER?

Profitability of the arbitrage system depends on the speed of connection to your data feed and trading terminal broker. The lower the ping, the better the performance of all arbitrage advisor. As a result of long test all four suppliers for quotations, we have identified the fastest. Quotes the number one supplier can be called Rithmic. Rithmic receives data directly from exchanges, providing instant speed data acquisition.

MYFXBOOK REAL ACCOUNTS MONITORING

ARBITRAGE EXPERT ADVISORS FOR OTHER PLATFORMS

Website westernpips.com c 2009 to the present day is a arbitrage software developer (forex arbitrage robots) for the market Forex (FX) . Our main product – high-frequency trading EA Newest PRO, arbitrage robot, the principle of operation is based on the backlog (hovering) quotes.

Forex arbitrage robot Newest PRO – unique in its kind trading system that allows for fractions of a seconds look to the future . This is a kind of time machine in the financial market . Forex arbitrage robot Newest PRO – this HFT trading profitable expert advisor (skalping EA), the principle of operation is based on the backlog (hovering) quotes.

Arbitrage software for Forex (FX) and CFDs Trade Monitor processes and transmits the received quotes to the trading platform Meta Trader 4, where the data used forex arbitrage advisors. Each forex arbitrage advisor depending on their algorithm and specify the input parameters makes trading (arbitrage) on your trading account. Newest PRO Arbitrage trading system is fully automatic. You just have to set it up right and make a profit.

AXIORY BROKER INVESTOR PASSWORD №1

Server IP: 92.52.99.145:443

AXIORY BROKER INVESTOR PASSWORD №2

Server IP: 92.52.99.145:443

AXIORY BROKER INVESTOR PASSWORD №3

Server IP: 92.52.99.145:443

YOUTUBE CHANNEL HERE

MYFXBOOK MONITORINGS HERE

CONTACT US

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Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Consumer Reviews

Service use: Live

Length of use: 6-12 Months

Service use: Live

Length of use: over 1 Year

I have to modify my last review. Is an INCREDIBLE system. If you set it, you earn many money. Only today I done 1490% and the day is long again :D Thank you very much.

Sep 30, 2020 – 1 Star The robot don’t work and the assistance don’t exist. He reply you only before payment. After he don’t reply more.

I couldn’t get the EA to make profit. When I asked their support, they setup the VPS and trading and even they couldnt make profit. They had all kinds of excuses like its the VPS or signal providers. When I asked for my money back, they only wanted to give me 25% according to their T & C’s .

When I started arguing with them and threatening to post on FPA and elsewhere, they threatened me with some “security team” that will sort me out. They said they have my address etc.

I wont recommend doing business with these guys. Its gonna take you a long time to recover what you lay out for this scam asoftware.

The security service of our company has analyzed the actions and behavior of several users of the FPA forum, trying to discredit our reputation. Immediately after the purchase of the program, without understanding and without trying to at least a month to work with our program, they began to demand a refund and threaten us with angry letters. They also refused to return 30% of the cost under our contract. So they do not need money and a program, but we only need to tarnish the reputation of our company, and perhaps it is with this goal that they bought the program and obviously knew what they would do next. All your actions are different from the actions of those customers who buy the program and want to work with it and earn.

We assume that these actions, and the actions of those who purposely write negative reviews here on FPA, and spend their time and money only to create special articles, videos and write there badly about us, while not wanting to take their money under the contract Back is a clear sign that they work for our ill-wishers, competitors and those who want to harm our 8-year-old reputation.

This is common for companies that have been operating in the market for quite some time. And those who really want to work with our programs, I advise you not to pay attention to these reviews and to think about who and what writes these reviews and orders negative reviews about our company.

I would like to clarify some points about the work of our company. Those who write that Westernpips Scam probably still do not understand the full list of services and products offered by the company Westernpips. Our campaign came in the Forex market in 2009 and until now we are working with our customers and our website, unlike many others never ceases to provide support and regular free updates for our customers.

We do not hide and do not create new names and domain names, as do those who truly need to be called Scam companies. We work on behalf of the Westernpips been going on for 8 years and we have nothing to hide. You yourself can to check our history. We have come to the market and our motto is “real accounts, real money, real peoples” and we never show monitoring with demo accounts, in our statistics on MyFxBook you will find the only real accounts, each of which has been registered on a real person, and all profits was withdrawn and is real money.

We always confirm our stats as a video reports and continually are publishing investor passwords from accounts where was trading by our expert advisor. Take a look at our monitorings, you will find there are only checked, regulated forex brokers, such as Paperstone, FXCM, GCM Prime, Axiory, JFD brokers, Alfa Forex, Grand Capital and many others.

Latest Monitorings you can check via investor password:

Username: 878327
Password: westernpips.com
MT5 Server: ActivTrades-Server

Username: 878496F
Password: westernpips.com
MT5 Server: ActivTrades-Server

Username: 878558
Password: westernpips.com
MT5 Server: ActivTrades-Server

Account: 600332
Investor Password: westernpips.com
Server IP: 38.76.16.243:443
Broker: GCMPrime-Live
Profit: +55 164.22 %

Account: 600428
Investor Password: westernpips.com
Server IP: 38.76.16.243:443
Broker: GCMPrime-Live
Profit: +1007.75 %

Account: 600275
Investor Password: westernpips.com
Server IP: 38.76.16.243:443
Broker: GCMPrime-Live
Profit: +641.34 %

Many Brokers Don’t Like Our Software and Advisor, because until now we rob them. In addition, I think the experienced Forex traders know that 90% of brokerage companies designed to take money from traders, and even calling themselves ECN brokers, only 10% of brokers actually execute customer transactions on the interbank market. Everyone else only imitate your real trading and do not output your orders anywhere. Leaving your money in their pockets. They just buy data feed and show it to you. That is why 90% of brokers has a backlog of quotes (latency arbitrage) and the opportunity to earn with our expert advisor. Our program for get fast data feed is connected directly by API and FIX technology to the largest providers of data feed, and these quotes really fast.

Why Forex brokers there are backlog of in the quotes?

1. All brokers are connected to different aggregator’s liquidity and show you the average, filtered quotes. These quotes are not real. It is just average numbers. In addition, the more your broker quotes is averaging, the more they are delayed.
2. Necessity of application plug-in slippage forces the broker to give you the old terminal ticks then to execute your order by the bad price for you.
3. A knowingly broker slows orders execution and quotes delayed by the number of milliseconds, as set up in its plug-in for the execution of transactions. From an average of 100-500 milliseconds.
4. Terminals MetaTrder4 / MetaTrder5 / cTrader connected to aggregators of qoutes not directly but through the Bridge, which creates and braking is in prices.

If you read carefully the rules of brokerage firms you will find there items about Price / latency arbitrage. Why brokers so afraid of this kind of trade? What do you think? Yes, yes . that is because today it is one of the most lucrative scalping. Moreover, of course you have to cheat a broker just as he is cheating you to earn. No one will give you money so easy. The Forex market is was created to take money from traders, but not for you to earn. Our software for Arbitrage Trading . Is currently the only tool for traders, allowing earning. However, we cannot help each of you. We give only one set of tools that will help you fight against a broker and to take away his profit. We just can not give you the software for free, as for its development spent much money and time, and that you can always get new updates, our team works every day. Therefore, our advisor is the price it is not free.

I think none of you will risk call scam companies such as Blomberg ESignal or because they are selling their fastest data and quotes for traders. They do not help you make money, they only provide a tool for analysis. Likewise, our company Westernpips offers a huge selection of tools for arbitrage trading and gives you an opportunity to get the fastest quotes from providers Rithmic, LMAX, CQG, Saxo Bank.

Why our software is so expensive?

1. You get access to the four fastest and most powerful for today providers of quotations: Rithmic, LMAX, CQG, Saxo Bank.

2. You get the opportunity to use our server-side quotes on Real Time. Look at the website or ESignal or CME and you will find that there is a take for this service pay and even quotes from the 15-minute lag will need to pay.

3. None of the advisor you will not find such a set of settings designed specifically for arbitrage trading:
– Monitoring and detection of major brokerage plugins Slippage and Execution Time.
– Ability to trade pending orders. An analogue of the real market Limit Orders.
– Ability to control the duration of transactions and increase it if necessary to hide from brokers scalping.
– Special EA HIDDEN, which masks arbitrage transactions so that the broker is difficult to identify them.
– Special EA HEDGE, which allows you lock in arbitrage transactions without loss spread.
– Special EA NEWS that allow you to trade news arbitrage, very popular today.
– Special EA CFD`S developed for market of indices, stocks and futures. Over the past year, our customers have made enormous fortune on the DAX 30 index trading.
– Special EA AUTO CLICKER that does not use the standard MQL functions and simulates hand clicking like a real trader. With this EA you will bypass a brokerage plugin that is opposed to automatic algorithmic trading and arbitrage may determine after the first transaction.
– And many other options.

4. Technology Multi Connectors allows you to take fast quotes from any terminal MetaTrader4 / MetaTrader5 / cTrader and use these quotes for latency arbitrage.

I hope you now understand that we have too many developments and opportunities and we take payment for it, and every one of you should understand that by arbitration style of trading you need to be prepared for the fact that you have to cheat a broker to make money, but also earnings you will not small.

This is only a small part of what I could tell you. I never advertised my product and never joined the debate on the forums, and I do not want this, as someone who actually earns no need advertising, and those of my clients who really earned, never talk about it, just because the forum is for those who are still in search of a profitable trading system, and those who already found it not attend forums.

We present our new revolutionary product – the world’s first platform for high-frequency trading Westernpips Trader!

Westernpips Trader is a platform integrated with the world’s largest brokers using the FIX / API technology. The built-in high-frequency trading algorithm allows you to trade directly through the FIX protocol, the world’s fastest financial data transfer protocol.

Good Luck to you!

I would like to clarify some points about the work of our company. Those who write that Westernpips Scam probably still do not understand the full list of services and products offered by the company Westernpips. Our campaign came in the Forex market in 2009 and until now we are working with our customers and our website, unlike many others never ceases to provide support and regular free updates for our customers.

We do not hide and do not create new names and domain names, as do those who truly need to be called Scam companies. We work on behalf of the Westernpips been going on for 8 years and we have nothing to hide. You yourself can to check our history. We have come to the market and our motto is “real accounts, real money, real peoples” and we never show monitoring with demo accounts, in our statistics on MyFxBook you will find the only real accounts, each of which has been registered on a real person, and all profits was withdrawn and is real money.

We always confirm our stats as a video reports and continually are publishing investor passwords from accounts where was trading by our expert advisor. Take a look at our monitorings, you will find there are only checked, regulated forex brokers, such as Paperstone, FXCM, GCM Prime, Axiory, JFD brokers, Alfa Forex, Grand Capital and many others.

Latest Monitorings you can check via investor password:

Username: 878327
Password: westernpips.com
MT5 Server: ActivTrades-Server

Username: 878496F
Password: westernpips.com
MT5 Server: ActivTrades-Server

Username: 878558
Password: westernpips.com
MT5 Server: ActivTrades-Server

Account: 600332
Investor Password: westernpips.com
Server IP: 38.76.16.243:443
Broker: GCMPrime-Live
Profit: +55 164.22 %

Account: 600428
Investor Password: westernpips.com
Server IP: 38.76.16.243:443
Broker: GCMPrime-Live
Profit: +1007.75 %

Account: 600275
Investor Password: westernpips.com
Server IP: 38.76.16.243:443
Broker: GCMPrime-Live
Profit: +641.34 %

Many Brokers Don’t Like Our Software and Advisor, because until now we rob them. In addition, I think the experienced Forex traders know that 90% of brokerage companies designed to take money from traders, and even calling themselves ECN brokers, only 10% of brokers actually execute customer transactions on the interbank market. Everyone else only imitate your real trading and do not output your orders anywhere. Leaving your money in their pockets. They just buy data feed and show it to you. That is why 90% of brokers has a backlog of quotes (latency arbitrage) and the opportunity to earn with our expert advisor. Our program for get fast data feed is connected directly by API and FIX technology to the largest providers of data feed, and these quotes really fast.

Why Forex brokers there are backlog of in the quotes?

1. All brokers are connected to different aggregator’s liquidity and show you the average, filtered quotes. These quotes are not real. It is just average numbers. In addition, the more your broker quotes is averaging, the more they are delayed.
2. Necessity of application plug-in slippage forces the broker to give you the old terminal ticks then to execute your order by the bad price for you.
3. A knowingly broker slows orders execution and quotes delayed by the number of milliseconds, as set up in its plug-in for the execution of transactions. From an average of 100-500 milliseconds.
4. Terminals MetaTrder4 / MetaTrder5 / cTrader connected to aggregators of qoutes not directly but through the Bridge, which creates and braking is in prices.
If you read carefully the rules of brokerage firms you will find there items about Price / latency arbitrage. Why brokers so afraid of this kind of trade? What do you think? Yes, yes . that is because today it is one of the most lucrative scalping. Moreover, of course you have to cheat a broker just as he is cheating you to earn. No one will give you money so easy. The Forex market is was created to take money from traders, but not for you to earn. Our software for Arbitrage Trading . Is currently the only tool for traders, allowing earning. However, we cannot help each of you. We give only one set of tools that will help you fight against a broker and to take away his profit. We just can not give you the software for free, as for its development spent much money and time, and that you can always get new updates, our team works every day. Therefore, our advisor is the price it is not free.

I think none of you will risk call scam companies such as Blomberg ESignal or because they are selling their fastest data and quotes for traders. They do not help you make money, they only provide a tool for analysis. Likewise, our company Westernpips offers a huge selection of tools for arbitrage trading and gives you an opportunity to get the fastest quotes from providers Rithmic, LMAX, CQG, Saxo Bank.

Why our software is so expensive?

1. You get access to the four fastest and most powerful for today providers of quotations: Rithmic, LMAX, CQG, Saxo Bank.
2. You get the opportunity to use our server-side quotes on Real Time. Look at the website or ESignal or CME and you will find that there is a take for this service pay and even quotes from the 15-minute lag will need to pay.
3. None of the advisor you will not find such a set of settings designed specifically for arbitrage trading:
– Monitoring and detection of major brokerage plugins Slippage and Execution Time.
– Ability to trade pending orders. An analogue of the real market Limit Orders.
– Ability to control the duration of transactions and increase it if necessary to hide from brokers scalping.
– Special EA HIDDEN, which masks arbitrage transactions so that the broker is difficult to identify them.
– Special EA HEDGE, which allows you lock in arbitrage transactions without loss spread.
– Special EA NEWS that allow you to trade news arbitrage, very popular today.
– Special EA CFD`S developed for market of indices, stocks and futures. Over the past year, our customers have made enormous fortune on the DAX 30 index trading.
– Special EA AUTO CLICKER that does not use the standard MQL functions and simulates hand clicking like a real trader. With this EA you will bypass a brokerage plugin that is opposed to automatic algorithmic trading and arbitrage may determine after the first transaction.
– And many other options.

4. Technology Multi Connectors allows you to take fast quotes from any terminal MetaTrader4 / MetaTrader5 / cTrader and use these quotes for latency arbitrage.

I hope you now understand that we have too many developments and opportunities and we take payment for it, and every one of you should understand that by arbitration style of trading you need to be prepared for the fact that you have to cheat a broker to make money, but also earnings you will not small.

This is only a small part of what I could tell you. I never advertised my product and never joined the debate on the forums, and I do not want this, as someone who actually earns no need advertising, and those of my clients who really earned, never talk about it, just because the forum is for those who are still in search of a profitable trading system, and those who already found it not attend forums.

We present our new revolutionary product – the world’s first platform for high-frequency trading Westernpips Trader!
Westernpips Trader is a platform integrated with the world’s largest brokers using the FIX / API technology. The built-in high-frequency trading algorithm allows you to trade directly through the FIX protocol, the world’s fastest financial data transfer protocol.

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