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BF Smart Scalper EA

DOUBLE SUMMER PROMO: -30% OFF + GET 1 EA for FREE! (regular price $147) - For more info and the conditions of the promotion contact me!

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 57
Denis Nikolaev
30360
Denis Nikolaev 2021.07.30 19:02 
 

Good job!

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Super Trade AI  ***** Super Trade AI ***** Before you buy all of my products please be aware of the risks involved: 1) Please do not over believe in backtesting result . No one can 100% predict the future . 2) The best setting is default, but you can find the best by yourself each special conditions 3) Sometimes a confliction of market can cause the account a short period of Drawdown , Please get ready for it and wait for profit. 4) Super Trade AI are dependent on good brokerage conditions, l
21 000 USD
Golden Lion EA
Golden Lion EA
Hanna Zharkova
1 copy left at $149. Next price $199. Golden Lion is a professional multi-currency trading Expert Advisor for intraday trading. The EA contains an advanced entry filter, each potential market entry point is carefully analyzed, false entry points are eliminated. Accuracy of inputs exceeds 80%. To extract the maximum profit, the algorithm of multi-stage profit fixing and a two-level trailing stop with a breakeven function were used. For additional security, the EA has built-in high spread pr
149 USD
Aura Gold EA
Aura Gold EA
Stanislav Tomilov
Price: $995 4 of 10 copies left at this price Next price $1395 Recommended broker:  ICMarkets.com Aura Gold EA  is a fully automated EA designed to trade GOLD only. It is based on machine learning cluster analysis and genetic algorithms. EA contains self-adaptive market algorithm, which uses price action patterns and standard trading indicators (CCI,ATR). Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money managment used, no martingale, no grid, scalp or he
995 USD
Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
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. The EA 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 rever
199.50 USD
NightVision EA
NightVision EA
Alexander Kalinkin
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC Marke
449 USD
ATS Advisor
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
399 USD
Advanced Hedge MT4
Advanced Hedge MT4
Ho Tuan Thang
In one week, i will have two sales discounts for only $49. Please pay attention. ONLY 3 COPIES OUT OF 10 LEFT AT $149! After that, the price will be raised to $249. Advanced Hedge MT4 is an EA that work with hedge strategy.It can trade Crypto, Forex pairs, Metals, Indice but need your optimize. Fully automatic adviser, with a system for recovering from losses.  This EA not use anything indicator for entries. Just use math logical. The EA has been tested from 2019 to the present day in various ma
149 USD
NightTradeEA
NightTradeEA
Mikhail Voropaev
- Супер акция: 10 копий по цене $199!!! (осталось 3 копий) - Следующая цена: $249 Очень важно!!!!! Для тестирования и работы советника обязательно загрузите файл с настройками для соответствующей валютной пары и установите самый первый параметр - время вашего брокера от GMT!!! NightTradeEA - полностью автоматический торговый советник. Основная стратегия советника - ночной скальпинг в период перехода от американской к азиатской сессии. Советник был успешно опробован на реальных торговых счетах на
199 USD
DragonScalper
DragonScalper
Gregory Hay
Lets be honest, would you buy EA with no track record with just a sketchy backtest curve fitted to data that fails miserably on live trading? No, nor would we, that's why DragonScalper Expert Advisor has over +1000% Annual Gain with only -20% Drawdown in LIVE Trading IC MARKETS LIVE account over 1 YEAR RUNNING. Live Account Trading performance: myfxbook.com/members/AlnoTrade/dragonscalper/6525642 Dragon backtests extensively well and runs live very well. The secret to success is using price act
299 USD
EA Quantum Lab
EA Quantum Lab
Vitali Vasilenka
Anger conquers fear p.s Thomas Shelby  LAST 3 OUT OF 10 COPIES AT 149  Next price will be $249. Unique trading algorithm  The Expert Advisor is based on two main indicators Allows you to more accurately determine the points of entry into the market with minimal risk per trade    The Expert Advisor has a virtual order system that allows filtering false signals  Now all the best is collected in one  Recommended pairs for trading :   GBPUSD, NZDUSD, EURUSD, USDCAD, AUDUSD, USDCHF, USDJPY,
149 USD
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BF Scalper PRO
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Lachezar Krastev
DOUBLE SUMMER PROMO: -30% OFF + GET 1 EA for FREE!  (regular price $197) - For more info and the conditions of the promotion contact me! BF Scalper PRO is the professional version of my very popular EA - BF Scalper EA. I 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 Loss calculating algorith
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Grid Master PRO MT5
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Omega Trend EA
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GOLD Scalper PRO MT5
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News Scope EA PRO
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GOLD Scalper PRO
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Forex Trend Detector
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Omega Trend Indicator
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BF News Trader EA
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BF Grid Master EA
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Lachezar Krastev
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BF Scalper EA
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Lachezar Krastev
DOUBLE SUMMER PROMO: -30% OFF + GET 1 EA for FREE! (regular price $147) - For more info and the conditions of the promotion contact me! 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 tr
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Denis Nikolaev
30360
Denis Nikolaev 2021.07.30 19:02 
 

Good job!

Bala Krishna
38
Bala Krishna 2021.04.17 03:11 
 

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Lachezar Krastev
120557
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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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.