We’re going to introduce to you the next review about FXAutomater’s EA. Today it’s BF Scalper Pro robot.
Pricing of BF Scalper Pro
The first, we’ve seen was an offer.
The robot is positioned as a professional version of its own free EA: BF Scalper EA. There has been improved the exit from the trades logic that allows lowering drawdowns, and decrease losses. As well, BF Scalper Pro has got the ATR based stop-loss system to set more correctly stop-loss levels.
The noticed features are strong, pure and simple trading logic, reasonable TP&SL levels, low DDs, 18 years backtest performance, supporting multiple currency pairs, news and volatility filters, extended and well-designed exit logic, notification system, Friday exit system, and grid system.
The recommended time frame is M15. Supported currency pairs: GBP/USD, EUR/USD, EUR/CHF, EUR/AUD, EUR/CAD, GBP/CAD, USD/CAD, USD/CHF, and USD/JPY. The default currency pair to go is GBP/USD. Other currency pairs set files have to be requested via email.
We’re warned that “MondayTradingHours, TuesdayTradingHours, WednesdayTradingHours, ThursdayTradingHours and FridayTradingHours! In order to get proper results, you have to set them correctly according to your broker GMT Offset… do not even think to try it on random brokers, or micro accounts – only on well-known ECN brokers with tight spreads.” So choosing the right brokerage company will be a big deal for new traders.
Setting up the features looks like a screenshot.
The devs provide an extended explanation about all features and their set up.
Main Features of BF Scalper Pro
BF Scalper Pro has been featured by the grid system to improve profitability of the system during various market conditions.
There’s an optional griding system. The system provides more flexibility with choosing a brokerage company and become to be more profitable. We can use the grid system as a normal grid, grid with martingale risk policy and in a more aggressive way.
Trading results
The owner runs the forex robot on three accounts: two of them demo ones and a real one. Let’s take a look at the real one.
The % between pairs looks like that. The most popular currency pair for BF Scalper Pro is EUR/CAD (59.7%).
Customers reviews
You can notice that the fx robot owner runs WallStreet EA too for the real money with good success.
BF Scalper Pro: Pros & Cons
Pros
- The best price compared to the robot’s results
- Real account results
- Mid-range monthly gain
- Low DDs
- High profitability on the favorite currency pair
- Multi pairs trading
- Various grid method
- A lot of backtests
- Good reviews on MQL5
Cons
- Just half of a year real account data