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BF Smart 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 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.

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5 000 USD
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
199 USD
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
Evgenii Golovanets
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
545 USD
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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Lachezar Krastev
4.17 (41)
PROMO: BUY 1 and GET 1 FREE! Price: $199 (Regular price $279) - after purchase contact me to get your gift EA! - Hurry up! It is for limited period of time!!! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in order to improve its overall performance . The improved exit logic reduces the drawdown and increases the efficiency of the system. In addition, the new ATR based Stop
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PROMO: BUY 1 and GET 1 FREE! Price: $189 (Regular price $269) - after purchase contact me to get your gift EA! - Hurry up! It is for limited period of time!!! GOLD Scalper PRO signal account 1:   https://www.mql5.com/en/signals/697332 GOLD Scalper PRO signal account 2:  https://www.mql5.com/en/signals/1401893   (with a little bit higher risk) GOLD Scalper Pro  is a very effective and profitable trading strategy, professionally developed especially for trading  GOLD (XAUUSD) . I have used the
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PROMO: BUY 1 and GET 1 FREE! Price: $267 (Regular price $397) - after purchase contact me to get your gift EA! - Hurry up! It is for limited period of time!!! Forex GOLD Investor Signal Account:  https://www.mql5.com/en/signals/1510678 Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency
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Jin Feng Ji
880
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36172
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38
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Lachezar Krastev
129739
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.
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2130
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1073
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1325
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200
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1188
Thomas Fairhurst 2019.05.31 07:39 
 

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77
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308844
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53
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548
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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.