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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 MyForexPath?

MyForexPath is a cutting-edge automated Forex trading system designed to identify market trends and execute trades accordingly. It utilizes advanced algorithms and technical indicators, such as Moving Averages (MA) and Parabolic SAR, while concentrating on three major currency pairs: AUD/USD, EUR/USD, and USD/CAD. This expert advisor is tailored for compatibility with both MetaTrader 4 and MetaTrader 5 platforms, operating through four distinct trading sessions for each currency pair, which enhances the number of signals generated while ensuring their quality remains high. Moreover, it incorporates a comprehensive drawdown control mechanism with smart stop loss calculations to protect against unforeseen losses. Backtesting outcomes indicate that, under maximum risk scenarios, an initial investment of $1,000 could have potentially soared to over $11 million on the AUD/USD and EUR/USD pairs, and even surpassed $17 million on the USD/CAD pair. When applying normal risk parameters, the same initial investment could yield returns between $51,214 and $478,632 across all three currency pairs. With an impressive average win rate ranging from 65% to 70% for each trade, MyForexPath emerges as a trustworthy alternative for both beginner and seasoned traders. Its combination of sophisticated strategies and a well-documented history of success positions it as a standout option in the dynamic landscape of Forex trading, appealing to those seeking reliable and potent trading solutions.

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

$285 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

MyForexPath

Company Website

myforexpath.com

Categories and Features

Categories and Features

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