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Ratings and Reviews 0 Ratings
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What is BF Scalper PRO?
The advanced iteration of our widely used EA, known as BF Scalper PRO, brings several enhancements to elevate its performance. We have integrated numerous new features and systems to this professional version, significantly boosting its efficacy. One notable improvement is the refined exit strategy, which effectively minimizes drawdown. Additionally, we introduced an ATR-based Stop Loss Calculation algorithm as an optional feature, ensuring that Stop Loss levels adjust in accordance with current market volatility, thereby further decreasing drawdown while enhancing the Profit Factor. Furthermore, the inclusion of a Grid System within BF Scalper PRO aims to enhance profitability and lessen reliance on broker conditions. This Grid System is designed to be optional, allowing users the flexibility to disable it if preferred. For those interested in utilizing the Grid System effectively, guidance is provided. To validate the system's performance in live market scenarios, I conducted backtests using 99.9% quality, real tick data, and actual spreads, yielding promising results that demonstrate the system's reliability. Overall, these updates position BF Scalper PRO as a formidable tool for traders looking to optimize their strategies.
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.
API Availability
Has API
API Availability
Has API
Pricing Information
$187 one-time payment
Free Trial Offered?
Free Version
Pricing Information
$97 one-time payment
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-pro
Company Facts
Organization Name
FXautomater
Company Website
www.fxautomater.com/forex-robots/bf-scalper-ea