Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The logic is simple, but effective. The EA uses breakouts from the Bollinger Bands to send entry and exit signals. The Bollinger Bands are, in our opinion, the best technical indicator ever made. Thank you Mr. John Bollinger! We've tried many indicators and strategies over the years, but the Bollinger Bands has been the best indicator for scalping market volatility. The stop loss level is between 20 and 60 pip. You have the option of using a fixed TP of 4-8 pips or allowing the exit logic to manage the position. The BB indicator is used to determine the exit logic. It will close the trade even if the price is below or above the opposite BB line. This is done by the "BandBreakExit", parameter. It works best between minus one and plus one-two. Below is the backtest result for our forex robot BF Scalper on the following currency pairs EURUSD and USDCAD, EURCHF and USDJPY: GBPCAD, GBPUSD and USDCHF.
The EA has high spread protection - this is crucial, because if you use limit orders as example you can't control this and you will take some trades with 10 or even 20 pips spread - one such trade will erase the average profit from 10 good trade as the best average expectancy of this type of trading is 2-3 pips in the best case.
Description
Smart Scalper PRO, the professional version the popular scalper BF Smart Scalper EA, has many new features/systems and enhancements. Smart Scalper PRO is simple but it is based upon the most reliable trading principle since the existence of the markets: enter the market in the direction that a strong market impulse is detected, after which a reasonable correction can be made. This trading principle is based on our deeply encoded human psychology. It will never change. Smart Scalper PRO was designed to be as simple as possible to avoid the danger of curve-fitting which is the greatest enemy of EA trading. To improve the performance of Smart Scalper PRO, we have added many new features/systems. Smart Scalper PRO comes with Advanced News Filter. This filter allows you to avoid trading during the most important news and events. The news filter can increase profit factor and decrease drawdown. It is disabled by default, but you can set it up to your liking.
Smart Scalper PRO comes with Money Management System, Advanced News Filter, Advanced Time Management System, Friday Exit System, E-mail and Push Notification System, Multiple currency pairs support, Low drawdown, Reasonable TP and SL levels plus new ATR based algorithm etc...
API Access
Has API
API Access
Has API
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$147 one-time payment
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
FXautomater
Website
www.fxautomater.com/forex-robots/bf-scalper-ea
Vendor Details
Company Name
FXautomater
Website
www.fxautomater.com/forex-robots/smart-scalper-pro