BF Smart Scalper EA Review

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Top Expert Advisors June 2021

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Price: $169.20 (Discounted Price for Promax Gold EA, 1 LIVE & 1 DEMO ACCOUNT, FREE UPDATES & SUPPORT)
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NCM Signal Review


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Get More Information And Read The Following Product Review!

BF Smart Scalper Expert Advisor And FX Trading Robot - Best Forex EA's 2021

BF Smart Scalper EA

Price: $97 (Discounted Price for BF Smart Scalper EA, 1 REAL & 3 DEMO ACCOUNTS, FREE UPDATES & SUPPORT)
Currency pairs: GBPUSD, EURUSD and USDCHF
Timeframe: M1 or M15

OFFICIAL FOREX EA WEBSITE >> BUY THIS FOREX EA NOW! >>

Note: LIMITED TIME OFFER – 30% OFF – REGULAR PRICE: $147

IMPORTANT UPDATE ON MAY 25, 2021: We would like to inform you that FXAutomater has taken some important decisions about Free Forex Robots. FXAutomater is converting the following Free Forex Robots into paid products:

1) BF Scalper EA: $97 (regular price: $147)
2) BF Smart Scalper EA:
$97 (regular price: $147)
3) BF Grid Master EA:
$97 (regular price: $147)

If you want to continue using these Forex Robots you need to upgrade to paid license!

DEMO ACCOUNT TEST RESULTS:

BF Smart Scalper EA - Demo Account Statement

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

This is a fully automated version of BF Smart Scalper Expert Advisor.

All genius things are elegantly simple. BF Smart Scalper 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. The goal was to keep BF Smart Scalper 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.

In conclusion, 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.

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 Scalper EA is using very reasonable SL levels, so they can get hit /even repeatedly/ in bad market condition.

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.

Download Free BF Smart Scalper EA - This is a fully automated free version of BF Smart Scalper Expert Advisor.All genius things are elegantly simple. BF Smart Scalper 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.

Visit the Official BF Smart Scalper EA website


Demo Account Test Results:

BF Smart Scalper EA - Demo Account Statement Using This FX Expert Advisor And Forex Robot With GBPUSD, EURUSD And USDCHF Pairs - Demo Stats Added In 2019

Visit the Official BF Smart Scalper EA website

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