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BF Scalper EA

PROMO: BUY 1 and GET 1 FREE! Price: $117 (Regular price $187) - after purchase contact me to get your gift EA! - Hurry up! It is for limited period of time!!!

BF Scalper EA is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things!

The logic behind BF Scalper EA is very simple but effective - the EA uses breakouts of the Bollinger Bands for entry and exit signals.

Reasonable stop loss levels vary between 20 and 60 pips.

You can use small fixed TP between 4-8 pips or leave the exit logic to take care of the position.

The exit logic is also based on the BB indicator and it will close the trade even on a loss when the price is near or breaks the opposite BB line. This is commanded by the BandBreakExit parameter which works best from minus one to plus one-two.

Recommended timeframe: M15

Supported currency pairs: GBPUSD, EURUSD, EURCHF, EURAUD, GBPCAD, USDCAD, USDCHF and USDJPY

The default settings are for GBPUSD. I have prepared set files for other supported pairs too. Since I cannot include them here, please contact me, and I will send them to you.

IMPORTANT: Pay attention to the CTHour1-6 parameters! They are very important! In order to get proper results, you have to set them correctly according to your broker GMT Offset. Read carefully the parameters explanation below!


Parameters

  • TicksTrade - if "false", the logic will be executed at the beginning of M1 bar, otherwise it will calculate and trade on a new price tick.
  • StealthMode true/false - conceal stop loss and take profit levels in program logic making them invisible to brokers. If you use this mode, the stop loss and take profit orders are not located in the trading server.
  • EmergencyStopDist - second level of protection, when StealthMode is used. At values greater than zero, it activates a second level of true (Emergency) StopLoss on a greater distance than the virtual hidden StopLoss is located. In such case, the value of the new emergency StopLoss will be the sum of the EmergencyStopDist value plus the value of the hidden StopLoss.
  • MinEquity - minimal equity needed for trading.
  • BandPeriod - Bollinger Bands period.
  • BandBreakEntry - breakout in 4-digit pips of the BB line to initiate an opposite trade (the value could be negative).
  • BandBreakExit - breakout in 4-digit pips of the opposite BB line to initiate closing of the existing trade (the value could be negative).
  • UseTrendFilter - change this to "true" if you want to trade only in the direction of the trend defined by the two MAs below.
  • MA_Fast_Period - fast moving average period.
  • MA_Slow_Period - slow moving average period.
  • MA_Trend_TF - timeframe of both MAs.
  • TimeRestriction - by default, this is "true" so the EA will trade only in the hours listed below. If you do not want to use the time filtration, change this parameter to "false".
  • CTHour1 - 6 - six possible slots for trading hours. Values 0 - 23 activate the slot. Enter a large value like 55 to deactivate the slot. Best results from our experience are achieved at 21 and 22 GMT. You absolutely should adapt this hours to your brokers GMT shift. The default values are adapted for GMT +2 (winter time).
  • WednesdaySwapFilter true/false - Wednesday swap filter cancels all trades in Wednesday evening in the direction of the negative swap, if the swap is worse than MaxNegSwapPips parameter.
  • MaxNegSwapPips - minus 0.5 pips seems reasonable threshold.
  • RolloverTimeFilter true/false - switch on/off the rollover time filter.
  • MinutesBefore - minute time interval before midnight, in which all trading operations will be canceled.
  • MinutesAfter - minute time interval after midnight, in which all trading operations will be canceled. 
  • .....

For more info, COMPLETE LIST OF SETTINGS and .set files, click here to visit the blog! 

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

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Automatic trading advisor, which implements a medium-term trading strategy based on the theory of wave movement of the market Advisor does not use martingale, grid, averaging, scalping The advisor is based on the application of wave analysis to historical data and the search for waves predicting the price movement in the future. Using a longer period of time repeating patterns are searched for. Using a smaller period there is an approximation and interpolation of nodal points and refinement of p
375 USD
Waiting Night MT4
Marat Baiburin
4.6 (10)
Sale! 10 copies will be sold at 50% discount.  Then the price will return to 399$ The final price of the adviser 2000$ Live signal: https://www.mql5.com/ru/users/bayburinmarat/seller Correct GMT setting:  https://www.mql5.com/ru/blogs/post/743531 Waiting Night is a professional advisor with an innovative approach to night scalping.  Price Action + author's indicator + unique tracking of positions make the Expert Advisor unique and flexible in configuration: You can adapt the Expert Advisor to
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The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
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Fundamental Trader
Sara Sabaghi
5 (12)
Ziwox Fundamental Trader Ziwox Fundamental trader is a trading assistant that helps financial markets traders reach smart decisions informed by the EA information data. This EA uses online sources to catch all the necessary information like the fundamental bias of currencies, the sentiment of Real-time retail traders ratio on a pair, Bank and institute forecast, COT report data, and other data in a complex EA pannel. Briefly, It's an integrated forex data source and information, that helps Ma
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Invictus Gold
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3.88 (8)
Invictus Gold is an advanced trading algorithm based on the standard and simple Bollinger Bands indicator and trades on Gold as one of the most liquid and popular trading instruments in the world. The algorithm includes a filter of behavioral factors, it analyzes the depth of market, and makes a decision about entering the trade based on the analyzer's filter data. Thus, the Expert Advisor finds optimal points to enter the market, filtering out false entries not supported by stable market behav
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Divo MT4
Anton Kondratev
5 (2)
DIVO MT4 is a Multi-Currency, Flexible, Fully Automated and Multi-Faceted Tool for Identifying Vulnerabilities in the Market Оnly 1 copy out of 10 are Left  at   $545! Next price -->   $995 Settings FAQ Optimization About Settings Real Monitoring How to install We NEVER Use Grid or Martingale !  After Buying EA, be sure to Write to ME in Private Messages,  i will add you to a   Private Group , send you set files and additional detailed instructions. I am ready to help each buyer install and c
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Market Pulse EA
Evgenii Golovanets
5 (1)
Market Pulse simple and most effective way to trade, a strategy that always works, breakout level trading. If you noticed that 90% of authors in MQL have real monitoring of their experts is rarely more than $100-$500. But in strategy tester, their EAs bring millions of dollars in profit. However, nobody asks why they sell these EAs, if they can become a millionaire in one year. I offer you a different approach to forex trading, a realistic one. An approach that is suitable for professionals who
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琮hui qq2117721312
465
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Supriyanto
138
Supriyanto 2021.04.24 00:05 
 

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7204
Miguel Jimenez Cordero 2021.03.21 09:48 
 

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superior
49
superior 2021.02.06 15:45 
 

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Moneymakn7
16
Moneymakn7 2021.02.05 18:22 
 

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Lachezar Krastev
129739
Reply from developer Lachezar Krastev 2021.02.08 08:52
Hi, Actually BF Scalper EA is not a complex EA. But don't worry about this. Just write me a PM message and i will help you to use BF Scalper EA successfully.
Jesus Torres Parraga
946
Jesus Torres Parraga 2021.01.23 16:04 
 

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Fxranji
14
Fxranji 2021.01.22 15:06 
 

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rodas1986 Nunes
56
rodas1986 Nunes 2020.12.14 17:40 
 

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rsuarez_mx
34
rsuarez_mx 2020.11.02 22:54 
 

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Lachezar Krastev
129739
Reply from developer Lachezar Krastev 2020.11.11 10:41
Hello, Please be patient and keep your MT4 terminal running all the time. BF Scalper EA is an Asian session scalper and I believe you will get your first trade during the next Asian session.
Babak Alamdar
1325
Babak Alamdar 2020.10.28 08:35 
 

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Martin Bettega
426
Martin Bettega 2020.09.25 02:14 
 

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170
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110
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71
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14
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412
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190
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185
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115
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362
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390
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1188
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321
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830
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1683
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34
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6445
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12524
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2244
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8669
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110
Mikhail321 2018.11.06 12:22 
 

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753
Nikolay Shabanov 2018.11.03 22:27 
 

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297
Abner Ataupah 2018.10.27 14:16 
 

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503
Iury Mendes Da Silva 2018.10.20 15:56 
 

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1172
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1336
AirOne1 2018.10.12 14:18 
 

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1106
Joebar 2018.10.11 10:10 
 

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180
Lap Bond James Lo 2018.10.10 23:45 
 

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213916
Evgenii Aksenov 2018.10.08 04:27 
 

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298
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436
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30
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1044
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106
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136
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82
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2891
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342
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14
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2512
Dr Waleed Mahdy 2018.07.29 19:40 
 

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787
Luiz Andre Vieira Almeida 2018.07.10 17:44 
 

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1324
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398
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806
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160
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1010
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123
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71
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DiabolicGambit
30
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204
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606
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818
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107
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605
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399
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688
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44
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494
SERGEI STOVBA 2018.05.28 07:58 
 

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54
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Henry Setiawan
690
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Paolo Ronchetti
936
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James Edward
171
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11922
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2130
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Matthew Todorovski
13074
Matthew Todorovski 2018.05.10 14:07 
 

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Ytalo Felipe Dos Santos Nascimento
224
 

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Krasimir Ivanov
685
Krasimir Ivanov 2018.04.27 20:41 
 

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66
Adelbrecht Koch 2018.04.26 09:38 
 

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548
Hisayoshi Muramatsu 2018.04.24 16:04 
 

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336
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309
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Reply to review
Version 1.91 2021.07.23
Some small changes.
Version 1.9 2021.05.25
General changes.
Version 1.8 2021.04.15
I have made some improvements in the EA code. I have also fixed a small bug.
Version 1.7 2019.10.08
General changes.