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Ratings and Reviews 0 Ratings
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What is BF Scalper EA?
The strategy is straightforward yet highly effective. The Expert Advisor (EA) utilizes breakouts from the Bollinger Bands to generate signals for entry and exit points. In our view, the Bollinger Bands stand out as the most exceptional technical indicator ever developed, and we extend our gratitude to Mr. John Bollinger for this innovation! Throughout our experience with various indicators and trading strategies, we have found that the Bollinger Bands excel at capturing market volatility for scalping purposes. The stop loss is typically set within a range of 20 to 60 pips. Traders can choose between a fixed take profit of 4-8 pips or allowing the exit logic to dictate the position management. The BB indicator plays a crucial role in determining exit strategies, closing trades regardless of whether the price surpasses the opposite Bollinger Band line, managed through the "BandBreakExit" parameter, which performs optimally within a range of minus one to plus one-two. The backtest results for our forex robot BF Scalper have shown promising performance on several currency pairs, including EURUSD, USDCAD, EURCHF, USDJPY, GBPCAD, GBPUSD, and USDCHF. Additionally, the EA features robust spread protection, which is essential; utilizing limit orders can lead to unpredictable spreads of 10 to 20 pips, and a single trade with such a spread can wipe out the profits from multiple successful trades, given that the average expectancy in this trading style typically ranges from 2 to 3 pips at best. Thus, ensuring the integrity of each trade is critical to maintaining overall profitability.
What is Alfa Scalper?
Setting up Alfa Scalper is a breeze; you can easily download it from the members' section. All it takes is a quick copy and paste into your MT4 platform, followed by activation with your trading account number. Alongside the Alfa Scalper package, a detailed Step-by-Step User Guide is included, providing everything you need to fully leverage this outstanding trading tool. We are committed to continuously improving "Alfa Scalper," and you will receive any significant updates we create at no extra charge. Having once been in need of support myself, I take great pleasure in assisting traders now that I have gained valuable experience and insights. Should you have any inquiries or require assistance, don’t hesitate to drop me an email. It’s worth mentioning that when you purchase Alfa Scalper, you receive a single license for one trading account, but this license is valid for a lifetime. This arrangement allows you to utilize the tool confidently for all your trading activities without the concern of ongoing fees. Moreover, this lifetime license ensures that you can focus on your trading strategies without the hassle of license renewals.
API Availability
Has API
API Availability
Has API
Pricing Information
$97 one-time payment
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
FXautomater
Company Website
www.fxautomater.com/forex-robots/bf-scalper-ea
Company Facts
Organization Name
Alfa Scalper
Company Website
www.alfascalper.net