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What is Smart Scalper PRO?

Smart Scalper PRO, the enhanced version of the widely-used BF Smart Scalper EA, introduces a host of new features and improvements. While it maintains a straightforward approach, it operates on a fundamental trading principle that has stood the test of time: entering trades in the direction of a strong market impulse, followed by a potential correction. This principle taps into the enduring aspects of human psychology, ensuring its relevance in trading strategies. To minimize the risk of curve-fitting, which poses a significant threat to automated trading systems, Smart Scalper PRO has been crafted to prioritize simplicity. Among its many upgrades, the software includes an Advanced News Filter designed to help traders sidestep critical news events, ultimately enhancing profit margins and reducing drawdowns. Though this feature is disabled by default, users have the flexibility to customize it according to their preferences. Additionally, Smart Scalper PRO encompasses a comprehensive Money Management System, an Advanced Time Management System, a specialized Friday Exit System, and a notification system via email and push alerts. It supports multiple currency pairs while maintaining low drawdown levels, with strategically set take profit and stop loss parameters, along with an innovative ATR-based algorithm, making it a versatile tool for traders. The combination of these features aims to provide users with a robust trading experience.

What is BF Smart Scalper EA?

The BF Smart Scalper EA, while seemingly straightforward, is grounded in a fundamental trading concept that has stood the test of time in the markets: making entries in the direction of a significant market impulse after observing a meaningful correction. This approach taps into the inherent psychology of traders, a factor that remains unchanged over time. To mitigate the risks associated with over-optimization, we designed BF Smart Scalper EA to be as uncomplicated and user-friendly as possible. Below, you will find the backtest results for our forex robot, BF Smart Scalper, specifically utilizing the currency pairs GBPUSD and USDCHF. Additionally, it supports other pairs like EURUSD and is fully compatible with all MetaTrader 4 brokers, including those operating on an ECN model, with no need for adjustments to the default settings. The EA allows for flexible risk management, enabling users to select an auto money management risk level from 2% (low risk) to 10% (high risk), depending on their account size and financial objectives, with recommended fixed lot sizes of 0.05 for a $1,000 balance and 0.5 for a $10,000 balance. If you choose to trade multiple currency pairs simultaneously, it is advisable to lower the risk to maintain a balanced approach to trading. This comprehensive framework ensures that traders can navigate the complexities of the forex market with confidence and clarity.

Media

Media

Integrations Supported

MetaTrader 4
MetaTrader 5

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

Has API

API Availability

Has API

Pricing Information

$147 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/smart-scalper-pro

Company Facts

Organization Name

FXautomater

Company Website

www.fxautomater.com/forex-robots/bf-smart-scalper-ea

Categories and Features

Categories and Features

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