BF Scalper EA Review

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Top Expert Advisors December 2022

Top Expert Advisors December 2022 – Best Forex EA’s – FX Robots
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BEST FOREX EA’S | EXPERT ADVISORS | FX ROBOTS

View the Best Forex EA’s, the reviews and proven results and…

Best Forex EA's | Expert Advisors | FX Robots

SAR TRADER ea Review

SAR TRADER ea
Price: €145 (Discounted Price for SAR TRADER ea with 1 REAL & 1 DEMO ACCOUNT, FREE UPDATES & SUPPORT)
Currency pairs: EURUSD
Timeframe: M15

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Starting pr…

SAR TRADER ea Review

Golden Pickaxe EA Review

Golden Pickaxe EA
Price: $1,080 (GOLDEN PICKAXE EA with Up To 10 ACCOUNTS/ACTIVATIONS, FREE UPDATES & SUPPORT)
Currency pairs: XAUUSD (Gold)
Timeframe: M1

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Golden Pickaxe EA Review

Happy News EA Review

Happy News EA
Price: €209.30 (Discounted Price for Happy News EA, 2 LICENSES, FREE UPDATES & SUPPORT)
Currency pairs: EURUSD, GBPUSD, AUDUSD and USDJPY
Timeframe: M15

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There are 2 different p…

Happy News EA

Forex Flex EA Review

Forex Flex EA
Price: $349.47 (Discounted Price for Forex Flex EA, 1 LIVE Account License for Metatrader 4 (MT4) OR Metatrader 5 (MT5), UNLIMITED DEMO ACCOUNTS, FREE UPDATES & 24/7 FRIENDLY SUPPORT)
Currency pairs: Any (GBPUSD, EURUSD, USDJPY,…

Forex Flex EA Review

DAX Day Trader Robot Review

DAX Day Trader Robot
Price: $499 (DAX DAY TRADER ROBOT ONE YEAR MEMBERSHIP with 1 LICENCE, FREE UPDATES & SUPPORT)
Currency pairs: DAX (Symbol can also be called DE30, DE40, DAX30, DAX40, GER, GER30)
Timeframe: M15+M30+H1 (Open 3 Charts of T…

DAX Day Trader Robot Review

Happy Breakout EA Review

Happy Breakout EA
Price: €550 (1 LICENSE FOR AN UNLIMITED NUMBER OF REAL & DEMO ACCOUNTS, FREE UPDATES & SUPPORT)
Currency pairs: EURUSD, GBPUSD
Timeframe: M30, H1

Note: With your purchase you’ll get the FULL PACKAGE of 10 Happy Fo…

Happy Breakout EA Review

Trade Explorer EA Review

Trade Explorer EA
Price: $397 (TRADE EXPLORER EA ONE YEAR MEMBERSHIP with 1 LICENCE, FREE UPDATES & FRIENDLY SUPPORT)
Currency pairs: 27 pairs (AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EU…

Trade Explorer EA Review

Happy Gold EA Review

Happy Gold EA
Price: €209.30 (Discounted Price for 2 LICENSES, FREE UPDATES & SUPPORT)
Currency pairs: XAUUSD (Gold)
Timeframe: M30

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There are 2 different packages of Happy Gold Expert Adviso…

Happy Gold EA

FXGoodWay EA Review

FXGoodWay EA
Price: $315 (FXGoodWay EURUSD with 1 LICENCE, 2 MODES, FREE UPDATES & SUPPORT)
Currency pairs: EURUSD, USDCHF
Timeframe: Any

Note: There are 2 different packages of FXGoodWay Expert Advisor available right now:

– FXGood…

FXGoodWay EA

Forex Gump EA Review

Forex Gump EA
Price: €199 (STANDARD Package with 1 REAL & 1 DEMO ACCOUNT, FREE UPDATES & SUPPORT)
Currency pairs: 25 pairs (AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GB…

Forex Gump EA

MyForexPATH EA Review

MyForexPATH EA
Price: $285 (MyForexPATH EA with 1 LICENCE, FREE UPDATES & SUPPORT)
Currency pairs: AUDUSD, EURUSD and USDCAD
Timeframe: Any

Note: MyForexPATH Expert Advisor is designed in such a way as to determine a trend and open ord…

MyForexPATH EA Review

FXQuasar EA Review

FXQuasar EA
Price: $279 (FXQuasar EA with 1 LICENCE, FREE UPDATES & SUPPORT)
Currency pairs: AUDUSD
Timeframe: Any

Note: There are 6 different sessions built into FXQuasar EA. 3 of these sessions trade exclusively using long (Buy) posi…

FXQuasar EA Review

FXTrackPRO EA Review

FXTrackPRO EA
Price: $325 (Discounted Price for FXTrackPRO SUPER with 1 LICENCE, FREE UPDATES & SUPPORT)
Currency pairs: EURUSD, GBPUSD, USDJPY, USDCAD, EURJPY and CHFJPY
Timeframe: Any

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FXTrackPRO EA Review

Waka Waka EA Review

Waka Waka EA
Price: $1,485 (WAKA WAKA EA with Up To 10 ACCOUNTS/ACTIVATIONS, FREE UPDATES & SUPPORT)
Currency pairs: AUDCAD, AUDNZD and NZDCAD
Timeframe: M15

Note: LIMITED TIME OFFER – 10% OFF – REGULAR PRICE: $1,650

Only 2 out of 1…

Waka Waka EA Review

Evening Scalper Pro EA Review

Evening Scalper Pro EA
Price: $1,485 (EVENING SCALPER PRO EA with Up To 10 ACCOUNTS/ACTIVATIONS, FREE UPDATES & SUPPORT)
Currency pairs: EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD and GBPCAD
Timeframe: M5

Note: LIMITED TIME…

Evening Scalper Pro EA Review

Forex Truck EA Review

Forex Truck EA
Price: $329 (Forex Truck EA with 1 LICENCE, FREE UPDATES & SUPPORT)
Currency pairs: USDCAD
Timeframe: Any

LIVE ACCOUNT TRADING RESULTS:


Forex Truck EA Review – Best Forex Expert Advisor For USDCAD Trading
Forex T…

Forex Truck EA Review

Night Hunter Pro EA Review

Night Hunter Pro EA
Price: $1,485 (NIGHT HUNTER PRO with Up To 10 ACCOUNTS/ACTIVATIONS, FREE UPDATES & SUPPORT)
Currency pairs: GBPUSD, EURUSD, EURCHF, USDCAD, USDCHF + CHFJPY, AUDCAD, EURCAD, EURAUD
Timeframe: M5

Note: LIMITED TIME OF…

Night Hunter Pro EA Review

FXStabilizer EA Review

FXStabilizer EA
Price: $539 (FXStabilizer ULTIMATE with 1 UNLIMITED LICENSE, FREE UPDATES & SUPPORT)
Currency pairs: AUDUSD, EURUSD, EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP and GBPCHF
Timeframe: H1

Note: There are 2 different packages o…

FXStabilizer EA

Forex Gold Investor EA Review

Forex Gold Investor EA
Price: $237 (Discounted Price for Forex Gold Investor EA, 1 LICENCE, FREE UPDATES & SUPPORT)
Currency pairs: XAUUSD (Gold)
Timeframe: M15

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Forex Gold Investor EA

Trader's Moon EA Review

Trader’s Moon EA
Price: $269 (Trader’s Moon EA with 1 LIFETIME LICENSE, FREE UPDATES & 24/7 SUPPORT)
Currency pairs: AUDCAD, AUDNZD, AUDUSD, EURCAD, EURCHF, EURUSD, GBPAUD, GBPCAD, GBPCHF, NZDCAD, NZDUSD and USDSGD
Timeframe: Any

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Trader's Moon EA Review

News Catcher Pro EA Review

News Catcher Pro EA
Price: $1,485 (NEWS CATCHER PRO EA with Up To 10 ACCOUNTS/ACTIVATIONS, FREE UPDATES & SUPPORT)
Currency pairs: EURUSD, EURGBP and GBPUSD
Timeframe: M5

Note: LIMITED TIME OFFER – 10% OFF – REGULAR PRICE: $1,650

On…

News Catcher Pro EA Review

IC Markets Review

Company name: International Capital Markets Pty Ltd (IC Markets)
Founded: 2007
Headquarters: Australia
Regulatators: ASIC
Minimum deposit: $200
Note: Open an IC Markets True ECN account and get up to 21.5% direct live commissions discount!

IC Markets Review

Global Prime Review

Company name: Global Prime Pty Ltd (Global Prime)
Founded: 2010
Headquarters: Australia
Regulatators: ASIC
Minimum deposit: $200
Note: Open a Global Prime ECN account and get up to 22.85% direct live commissions discount!

IMPORTANT: Globa…

Global Prime Review

Pepperstone Review

Company name: Pepperstone Group (Pepperstone)
Founded: 2010
Headquarters: Australia
Regulatators: ASIC, FCA
Minimum deposit: $200
Note: Open a Pepperstone Razor account and get up to 12.857% direct live commissions discount!

IMPORTANT: Pe…

Pepperstone Review

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Forex VPS


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Get More Information And Read The Following Product Review!

BF Scalper Expert Advisor And FX Trading Robot - Best Forex EA's 2022

BF Scalper EA

Price: $117 (Discounted Price for BF Scalper EA with 1 REAL & 3 DEMO ACCOUNTS, FREE UPDATES & SUPPORT)
Currency pairs: GBPUSD, EURUSD, EURCHF, EURAUD, GBPCAD, USDCAD, USDCHF and USDJPY
Timeframe: M15

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BF Scalper EA is ready for 2023 market conditions! You get a product that is up-to-date and ready to use!

DEMO ACCOUNT TEST RESULTS:

BF Scalper EA - Demo Account Statement

BF Scalper EA Review – One Of The Most Successful Forex Expert Advisors

The logic behind BF Scalper EA is simple but effective – the FX Expert Advisor 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.

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The BF Scalper EA has high spread protection – this is crucial, because if you use limit orders as example you can’t control this and you will take some trades with 10 or even 20 pips spread – one such trade will erase the average profit from 10 good trade as the best average expectancy of this type of trading is 2-3 pips in the best case. This is why we are not using limit orders.

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.

Here are some optimization advises:

  • Do not use genetic algorithm
  • Optimize 2 parameters at once at most – We optimize only one at a time and look for the most logical value
  • Optimize for at least 6 months and at least 200 trades – this is the absolute minimum to avoid curve fitting and get some reasonable parameters which will have at least some chance to be profitable in real conditions.
  • Perform at most 5 optimization cycles for all parameters.
  • Use reasonable large optimization step – as example if you optimize stop loss, reasonable step would be 5 pips not 1 pips – about 5% of the reasonable optimization range of the parameter.
  • We are using M1 open price test for all of our EAs – it is good enough.
  • We are not using tick tests as they are too unreliable.

And now the fun part: By using this EA, you acknowledge that you are familiar with all risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. Past results are not necessarily indicative of future performance.

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”.

More Important Parameters

  • 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 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.
  • x_MaxSpreadFilter – switch on/off the rollover additional spread filter.
  • x_MaxSpread – multiply the initial MaxSpread, which will be allowed in general, before canceling all trading operations. As an example, if the MaxSpread is 6 and x_MaxSpread is 2, all trading operations will be canceled if the spread exceeds 6×2=12 pips.
  • RecoveryMode – activate the drawdown recovery. It works when AutoMM > 0.
  • FixedLots – fixed trading lots when AutoMM = 0.
  • AutoMM – money management. For example, AutoMM=5 means that the robot will trade with 5% risk.

BF Scalper EA Review - BF Scalper EA Is A Profitable FX Expert Advisor And Reliable Forex Trading Robot Which Uses Breakouts Of Bollinger Bands For Entry And Exit Signals

Visit the Official BF Scalper EA website


Demo Account Test Results:

BF Scalper EA - Demo Account Statement Using This FX Expert Advisor And Forex Robot With EURAUD, EURCAD, EURCHF, EURUSD, GBPCAD, GBPUSD, USDCAD, USDCHF And USDJPY Pairs - Demo Stats Added In 2019

Visit the Official BF Scalper EA website

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