Smart Scalper PRO 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...
Smart Scalper PRO Alternatives
IUX is a trading platform offering access to more than 250 financial instruments, including forex, stocks, indices, cryptocurrencies, commodities, and thematic indices. It provides competitive spreads, with spreads from 0.0 pips available on selected instruments and account types, while trading conditions may vary depending on market conditions. The platform also offers commission-free trading on selected products and account types, as well as fast order execution supported by institutional-grade liquidity, although execution speed may vary depending on factors such as market volatility, internet connection, and order size.
Traders can access markets through multiple platforms, including the IUX App Trade and MetaTrader 5, available on desktop and mobile devices. The platform offers pricing transparency, no requotes, and no trade restrictions, supporting a smooth trading experience. IUX Markets also provides market analytics, an economic calendar, and margin and spread calculators to assist traders in making informed decisions.
Regulated by the Financial Services Commission of Mauritius, the FSA of Saint Vincent and the Grenadines, the FSCA of South Africa, and ASIC in Australia, the platform places importance on security and compliance, and follows PCI DSS standards to help protect customer funds and data.
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BF Scalper EA
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.
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BF Smart Scalper EA
The BF Smart Scalper EA may be 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 a reasonable correction has been detected. Our deeply encoded human psychology is at the heart of this trading principle, and it will never change. We wanted to keep BF SmartScalper EA as simple and straightforward as possible to avoid the worst enemy of EA trading, curve-fitting. Below is the backtest result for our forex robot BF Smart Scalper - using the following currency pairs GBPUSD & USDCHF.
Here are some additional information:
- Supported currency pairs: GBPUSD, EURUSD and USDCHF.
- BF Smart Scalper ЕА is compatible with all MetaTrader 4 brokers, as well as with brokers using ECN-type order fulfilment. You do not need to change any settings
- You can use Auto MM=2% (low risk) up to 10% (high risk), according to the significance of your account and your risk and profit expectations. Reasonable fixed Lot size is 0.05 on 1k account balance, or 0.5 lots on 10k account balance. If you use multiple currency pairs, you should consider decreasing the risk accordingly
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Pricing
Pricing Starts At:
$147 one-time payment
Integrations
Company Details
Company:
FXautomater
Website:
www.fxautomater.com/forex-robots/smart-scalper-pro
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Product Details
Platforms
Windows
Mac
Types of Training
Training Docs
Live Training (Online)
Training Videos
Customer Support
Business Hours
Online Support
Smart Scalper PRO Features and Options
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