Best Free Smart Scalper EA
Best Free Smart Scalper EA is One of The Most Successful Free Expert Advisor
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. Our 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
Reasonable TP and SL levels
Solid 18-year backtest performance
Multiple currency pairs support
Small number of system parameters – easy optimization and no curve fitting worries.
24/5 trading, without any time restrictions - no GMT shift hassles
Instructions and recommendation
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 and USDCHF
The default settings are for GBPUSD. We have prepared set files for other supported pairs too. You can find individual .set files for other supported currency pairs below in the section ".Set Files For Each Supported Currency Pairs". If you want to use the robot on other pairs please download the .set files and load them correctly in the robot settings. If you use the automatic installer of BF Smart Scalper EA all the .set files will be automatically installed in your MT4 terminal. In this case you don't need to download them manually.
You can run the EA on M1, or M15 chart – it makes no difference for the EA, as all used time-frames 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 exists! 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. Please, do not leave negative comments after every SL hit, or losing trade!
BF Smart Scalper EA System Parameters
NOTE: Some of the parameters described in this section can be hidden or locked(disabled) in the free version. They are unlocked and available in the PRO version. For a complete list of parameters and functions, please check the Smart Scalper PRO: https://www.fxautomater.com/forex-robots/smart-scalper-pro
BF Smart Scalper EA on Action
.Set Files For Each Supported Currency Pairs
The default settings of Best Free Smart Scalper EA are optimized for GBPUSD currency pairs. Below you can find indvidual .set files for other supported currency pairs. If you want to use the robot on other pairs please download the .set files from below list and load them correctly in the robot settings.
If you use the automatic installer of BF Smart Scalper EA all the .set files will be automatically installed in your MT4 terminal. In this case you don't need to download them manually.
BF Smart Scalper EA is COMPATIBLE WITH MAC OS and Windows OS!
BF Smart Scalper EA is compatible with the most well known and used Operating Systems Mac OS + Windows OS. Our developers have been working very hard to adapt BF Smart Scalper EA to be compatible with all popular Operating Systems. Mac OS and Windows are the most popular OS around the world and therefore we have developed BF Smart Scalper EA to be compatible with them.