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BF Smart Scalper EA

5

SHOCK PROMOTION!!! -75% OFF from the regular price!

NOTE: BF Smart Scalper EA Current price: $47 (The next price $187) - The offer is for limited period of time!

BF Smart Scalper EA Signal Account: https://www.mql5.com/en/signals/1017925

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

All genius things are elegantly simple. BF Smart Scalp EA is very simple, but it is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market impulse, after a reasonable correction is detected. In the core of this trading principle is our deeply encoded human psychology, which will never change. Our goal was to keep BF Smart Scalp EA as simple as possible in order to prevent the curve-fitting, which is the biggest enemy of the EA trading.


BF Smart Scalper EA Features

  • Strong, pure and simple trading logic
  • 24/5 trading, without any time restrictions – no GMT shift hassles
  • Reasonable TP and SL levels
  • Low drawdown
  • Small number of system parameters – easy optimization and no curve fitting worries.
  • Solid 18-year backtest performance
  • Multiple currency pairs support


Instructions and recommendations

You can use Auto MM=2% (low risk) up to 10% (high risk), according to the significance of your account and your risk and profit expectations.

Reasonable fixed Lot size is 0.05 on 1k account balance, or 0.5 lots on 10k account balance.

If you use multiple currency pairs, you should consider decreasing the risk accordingly.

Supported currency pairs: GBPUSD, EURUSD, USDCHF

The default settings are for GBPUSD. The robot can be used on other currency pairs, too. For other supported pairs and .set files, please check here.

You can run the EA on M1 or M15 chart – it makes no difference for the EA, as all used timeframes are hardcoded.

You can backtest and optimize the EA on M1 chart by “open price only” method – this will be correct enough and save you a lot of time.

Finally, please, bear in mind that Holy Grails in trading does not exist! Even the best system suffers some bad periods. BF Smart Scalp EA is using very reasonable SL levels, so they can get hit /even repeatedly/ in bad market condition. Please, do not leave negative comments after every SL hit, or losing trade!


Parameters

  • Magic - magic number - it is extremely important to keep this different for all robots
  • EA_Comment - text to be set as a trade comment
  • MaxSpread - maximum allowed spread
  • Slippage - maximum allowed slippage
  • StopLoss - stop loss value in standard 4-digit pips - reasonable value range 30-100, opt. step 5
  • TakeProfit - take profit value in standard 4 digit pips - reasonable value range 5-30, opt. step 1
  • BandPeriod - Bollinger Bands period - reasonable value range 5-20, opt. step 1
  • BandBreakEntry - breakout in 4-digit pips of the BB line to initiate an opposite trade (the value could be negative) - reasonable value range 0-5, opt. step 1
  • BandBreakExit - breakout in 4-digit pips of the opposite BB line to initiate closing of the existing trade (the value could be negative) - reasonable value range (-5) to 5, opt. step 1
  • MA_Fast_Period - fast moving average period - reasonable value range 1-20, opt. step 1
  • MA_Slow_Period - slow moving average period - reasonable value range 20-120, opt. step 5
  • Trend_Impulse – relative strength of the market impulse - reasonable value range 0-60 opt. step 5
  • MA_Trend_TF - timeframe of both MAs.
  • FixedLots - fixed trading lots when AutoMM = 0.
  • AutoMM - money management. For example, AutoMM=5 means that the robot will trade with 5% risk.


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

You can check out my other products in my profile!

If you want to be notified for my new products, please add me as a friend! I regularly publish new products.

Reviews 20
Ragaa
171
Ragaa 2022.10.03 19:50 
 

I bought this EA few days ago, and seems to be doing very well. So far most of the trades are winners, may be 90 %. A real scalper, in and out of trade in few hours . For sure will look into more EAs from same auther. Thanks

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4.65 (20)
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Introducing   Quantum Trade EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years, Quantum   Trade   EA is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. ***Buy Quantum Trade EA and you could get Quantum Index EA for free !*** Quantum EAs channel: Click Here Live monitoring here : CLI
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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 necessary information like the fundamental bias of currencies, Sentiment of 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 Manual traders to make b
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AW Swing Trading EA
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5 (2)
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Filter:
Francisco Ortiz Escalona
486
Francisco Ortiz Escalona 2022.11.01 17:49 
 

User didn't leave any comment to the rating

Lachezar Krastev
140667
Reply from developer Lachezar Krastev 2022.11.01 19:46
Dear Francisco, I want to point out that you are wrong! An EA undergoes optimization and maintenance only when needed. Over-optimization and improvement can backfire. If you look at the current results of the ЕА, they are not bad at all. Yes, it is true that there is a professional version. But it is much more expensive. It is always better to have two versions because there are users who cannot afford to buy the pro version. The logic for trading is similar. The pro version comes with other additional systems. As I can see from your review it is dictated not by the results of BF Smart Scalper EA but by the fact that you do not own the pro version. I would like to point here that when there is a need i will update BF Smart Scalper EA in the future.
Igor Iuzhakov
1240
Igor Iuzhakov 2022.10.13 20:21 
 

User didn't leave any comment to the rating

Ragaa
171
Ragaa 2022.10.03 19:50 
 

I bought this EA few days ago, and seems to be doing very well. So far most of the trades are winners, may be 90 %. A real scalper, in and out of trade in few hours . For sure will look into more EAs from same auther. Thanks

Jin Feng Ji
1202
Jin Feng Ji 2021.12.21 09:24 
 

User didn't leave any comment to the rating

Denis Nikolaev
45806
Denis Nikolaev 2021.07.30 19:02 
 

User didn't leave any comment to the rating

Bala Krishna
38
Bala Krishna 2021.04.17 03:11 
 

User didn't leave any comment to the rating

Lachezar Krastev
140667
Reply from developer Lachezar Krastev 2021.04.19 09:01
Hello Bala, I am sorry to hear this. BF Smart Scalper EA trades only when there is a good opportunity in the market. This means that sometimes it may trade rare. You should be more patient and consistent. One more thing this is a free product. What do you expect? To pay nothing and make millions? You should be ashamed to add such a review.
Miguel Jimenez Cordero
6744
Miguel Jimenez Cordero 2021.03.14 09:37 
 

User didn't leave any comment to the rating

Jens Bruns
2016
Jens Bruns 2021.01.26 17:39 
 

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Jesus Torres Parraga
975
Jesus Torres Parraga 2021.01.23 16:15 
 

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Wichai Chomvijit
1083
Wichai Chomvijit 2020.12.13 15:52 
 

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Vagner Henrique Da Rocha
383
Vagner Henrique Da Rocha 2020.11.12 22:52 
 

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Babak Alamdar
1325
Babak Alamdar 2020.10.28 10:44 
 

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Laszlo Indig
200
Laszlo Indig 2020.05.13 17:30 
 

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Thomas Fairhurst
1189
Thomas Fairhurst 2019.05.31 07:39 
 

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rabiosanchez
77
rabiosanchez 2019.03.23 11:07 
 

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Evgeny Belyaev
312160
Evgeny Belyaev 2019.01.09 02:54 
 

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Pall58
53
Pall58 2018.12.20 20:33 
 

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Victor Manuel Valderrama Zamora
7823
Victor Manuel Valderrama Zamora 2018.12.10 00:59 
 

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Christophe Godart
13907
Christophe Godart 2018.11.28 06:55 
 

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Mohammad Oladi
12525
Mohammad Oladi 2018.11.27 10:14 
 

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123
Reply to review
Version 1.41 2021.07.23
Some small changes.
Version 1.4 2021.05.25
General changes.
Version 1.3 2021.04.15
I have made some improvements in the EA code. I have also fixed a small bug.
Version 1.2 2019.10.08
General changes.
Version 1.1 2019.01.08
There is a small improvement in the robot program code.