BF Scalper PRO
PROMOTION! -40% OFF! FOR LIMITED TIME!
BF Scalper PRO is the professional version of my very popular free 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 algorithm /as an option/ works excellent adapting the Stop Loss levels to the current market volatility, decreasing the drawdown and increasing the Profit Factor of the system. In order to prove that the system is profitable under real market condition, I’ve performed 99.9% quality, real tick data, REAL SPREAD backtest, which are promising.
BF Scalper PRO Features:
- Strong, pure and simple trading logic
- Reasonable TP and SL levels - plus new ATR based algorithm
- Low drawdown
- Solid 18-year backtest performance
- Multiple currency pairs support
- Advanced News Filter
- Volatility filter
- New, improved, highly effective exit logic
- Email and Push Notification system
- Friday Exit System
- Grid System (optional)
- Trailing Stop System
Recommended timeframe: M15
Recommended backtest method: M15 by every tick
Supported currency pairs: GBPUSD, EURUSD, EURCHF, EURAUD, EURCAD, 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 you the set files.
Please, make sure that you have loaded the set files for each individual currency pair!
IMPORTANT: Please, pay attention to the parameters MondayTradingHours, TuesdayTradingHours, WednesdayTradingHours, ThursdayTradingHours and FridayTradingHours! In order to get proper results, you have to set them correctly according to your broker GMT Offset. Read carefully the parameters explanation below!
Please, bear in mind that the performance of this kind of trading is highly limited by the brokers conditions - do not even think to try it on random brokers, or micro accounts - only on well-known ECN brokers with tight spreads.
Advanced News Filter
BF Scalper PRO is equipped with Advanced News Filter. Thanks to this filter you can avoid trading during most important news and events. The news filter can increase the profit factor of the system and reduce the drawdown. It is disabled by default and you can configure it precisely.
Advanced Time Management System
With the Time Management System you can precisely configure the robot to trade only during specific hours. You can also configure the robot to trade or not on individual week days. This is a very powerful option which will let you avoid the most dangerous periods and to trade the best periods when the robot show best results.
Friday Exit System
We all know that sometimes it could be risky to trade on Friday because the trades may remain during the weekend and may be closed on big loss due to Monday gaps. BF Scalper PRO has a Friday Exit system and you can configure the robot to close all trades on Friday evening at a desired time and to stop trading after this time.
E-mail and Push Notification System
BF Scalper PRO can send email and push notifications to your mobile phone and inform you about its trades.
Dynamic Stop Loss
BF Scalper PRO comes with a new ATR based Stop Loss calculating algorithm /as an option/ works excellent adapting the Stop Loss levels to the current market volatility, decreasing the drawdown and increasing the Profit Factor of the system.
BF Scalper PRO comes with Grid System. It is developed to make BF Scalper PRO more profitable and less broker dependent. With the Grid System it can cover the needs and expectations of all traders. The Grid System is optional! Click here to learn how to use it!
BF Scalper PRO Settings
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- TradeLifeTime: It defines the life time of each trade. For example if you set TradeLifeTime=100 then the EA will close each trades after 100 minutes - no matter whether the profit is positive or negative. Value in minutes. By default its value is 0 (zero) which means that it is disabled. Value greater than 0 (zero) activate this parameter.
- Min_ATR_SL: Minimal dynamic stop loss. The EA will not set dynamic stop loss lower than Min_ATR_SL value. Value in pips.
- Max_ATR_SL: Maximal dynamic stop loss. The EA will not set dynamic stop loss greater than Max_ATR_SL value. Value in pips.
IMPORTANT: RecoveryMode doesn't work when Grid System is enabled!