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What is Wave Scalper?

Introducing groundbreaking scalping technology tailored for those without any prior trading experience! This is the only forex scalper that has proven its effectiveness for more than ten years, achieving remarkable profit margins of 100%, 400%, and even soaring to 700% while ensuring a low-risk profile. With verified outcomes from live accounts, you can easily implement these strategies in your own trading efforts. Experience minimal account risk exposure! You will gain full access to the trading software, which can be utilized effectively without any previous trading or technical expertise. This accessible method empowers anyone to step into the trading arena with confidence and seize new opportunities.

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.

Media

Media

Integrations Supported

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$97 one-time payment

Supported Platforms

SaaS
Windows
Mac
Linux

Supported Platforms

Windows
Mac

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

LeapFX

Date Founded

2012

Company Website

www.leapfx.com/thewavescalper.html

Company Facts

Organization Name

FXautomater

Company Website

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

Categories and Features

Forex Robots

Not specified

Categories and Features

AI Trading Bots

Not specified

Forex Robots

Not specified

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