BF Scalper Pro by FXautomater - Best Scalping Expert Advisor

BF Scalper Pro is One of The Most Successful Expert Advisors

BF Scalper PRO is the professional version of our very popular free EA - BF Scalper EA. We 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. We have added Grid System to make BF Scalper PRO more profitable and less broker dependent.

The Grid System is optional and it is disabled by default. Read below to learn how to use the Grid 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)

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. We have prepared set files for other supported pairs too. Since we cannot include them here, please contact us, and we 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.

BF Scalper PRO will work on any broker with 4 or 5 digits price quotes. It is not necessary to change any parameters for 5 digits price quotes.

BF Scalper PRO Live Performance

BF Scalper PRO

BF Scalper Pro Grid Live Performance

BF Scalper Pro Grid

You can check BF Scalper PRO Live performance in FULLY VERIFIED MYFXBOOK ACCOUNT by clicking over the charts.

Money Management

BF Scalper PRO comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin.

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.

Configure MT4 terminal to allow WEB Requests to the following url: https://www.fxautomater.com You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):

This is very important! This is the only way the News Filter to work properly. The information for the coming News and Events is on our website and you have to give a permission to the MT4 terminal to allow connections to our website.

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 will inform you about all actions performed in your account. It easy to set-up your terminal to receive these notifications. BF Scalper PRO can send email and push notifications to your mobile phone and inform you about its trades. By default these options are disabled. Please read below BF Scalper PRO Settings to learn how to enable Email and Push notifications.

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.

Grid System (optional)

The new version 1.2 (and above) of BF Scalper PRO comes with Grid System. The Grid System is developed to make BF Scalper PRO more profitable and less broker dependent. Our goal was to make the EA perfect trading strategy for all traders. Because with the Grid System it can cover the needs and expectations of most of the forex traders.

The Grid System is disabled by default. When you enable the Grid System you need also to configure it or to use one of the .set files which we have published below. You can find several .set files for different currency pairs and for different scenarios. The Grid System of BF Scalper PRO can be used in many ways.

You can use it as normal grid, grid with martingale risk policy and in more aggressive way. No matter how you will use the Grid System it will improve BF Scalper PRO performance if you configure it correctly.

1. How to use the Grid System as normal grid?

The only thing you have to do is to enable the Grid. Just set Grid_System=true and then configure the Grid parameters. The most important parameter of the Grid Systems are:

Grid_Max_Trades
Grid_Distance
Grid_Take_Profit
Grid_Stop_Loss

These four parameters are enough for making BF Scalper PRO a normal grid. You can read below the section "BF Scalper PRO Settings" to learn more about these four parameters.

What is typical for a normal grid? The typical is that the strategy open a few trades with specific distance between each trade and same lot size. You can control the number of trades by Grid_Max_Trades. You can define the distance by Grid_Distance. You can set take profit in pips by Grid_Take_Profit and you can set stop loss by Grid_Stop_Loss parameter.

With these four parameters you can run optimization to find the best configuration. Then you can use this configuration for real trading.

2. How to use the Grid System as grid with martingale risk policy?

Grid with martingale risk policy means that every next trade will be with higher risk than the previous one. The advantage of this is the speed of closing the trades. Most of the times when martingale risk policy is used with grid strategies all open trades are quickly closed on profit.

You can use the same four parameters from above plus the following parameters:

Grid_Risk_Multiplier
Grid_Take_Profit_Money
Grid_Stop_Loss_Money

The first parameter Grid_Risk_Multiplier is used for risk policy. Read the section "BF Scalper PRO Settings" to learn more about this parameter and how to use it.

Since martingale strategies have complicated risk calculation you cannot simply use take profit in pips. Therefore we have added additional parameter Grid_Take_Profit_Money. It is more easy now to calculate your desired profit. Low values of this parameters mean that the EA will close the grid trades quickly. Grid_Stop_Loss_Money is the stop loss in money (your account base currency).

3. How to use the Grid System in more aggressive way?

Based on our tests and optimizations the Grid System can be used as more clever system too. What this means? Not always you need a few additional trades (grid) to compensate the initial losing trade. Sometimes you need only one trade with higher risk and opened at right moment.

This is possible with the Grid System of BF Scalper PRO. You need to configure the following parameters:

Grid_Max_Trades: usually you need to set 1.
Grid_Distance: you need to set bigger distance. For example 70, 80 ... 100..
Grid_Trade_By_Signal_Only: this should be always true.
Grid_Signal_Period: based on our tests the best results can be achieved with value 60. This is H1 time frame.
Grid_Risk_Multiplier: you need to set 5. For different currency pairs this may vary.
Grid_Take_Profit_Money: you need to set minimal profit in money for closing both trades (the initial and the additional).
Grid_Stop_Loss_Money: you need to set the stop loss in money if there is a big movement in wrong direction.

We have prepared .set files for some of the supported pairs with activated GRID System. You can find these .set files below. Have in mind that there are .set files for different cases with different combination of settings. You must test all .set files in strategy tester before to load them on your real money account. Test well and make sure that the .set files are OK with your account balance and risk you trade.

Since martingale strategies have complicated risk calculation you cannot simply use take profit in pips. Therefore i have added additional parameter Grid_Take_Profit_Money. It is more easy now to calculate your desired profit. Low values of this parameters mean that the EA will close the grid trades quickly. Grid_Stop_Loss_Money is the stop loss in money (your account base currency).

BF Scalper PRO Grid System .set files

bfspro-euraud-2000-martingale.set - optimized since 2000 year
bfspro-eurcad-2000-grid.set - optimized since 2000 year
bfspro-eurcad-2000-recovery.set - optimized since 2000 year
bfspro-eurusd-2000-martingale.set - optimized since 2000 year
bfspro-eurusd-2004-recovery.set - optimized since 2004 year
bfspro-gbpcad-2000-grid.set - optimized since 2000 year

bfspro-gbpusd-2003-martingale.set - optimized since 2003 year
bfspro-gbpusd-2007-recovery.set - optimized since 2007 year
bfspro-gbpusd-2010-grid.set - optimized since 2010 year
bfspro-usdcad-2000-martingale.set - optimized since 2000 year
bfspro-usdchf-2000-martingale.set - optimized since 2000 year
Check regularly for new .set files! We will publish new .set files for other pairs soon.

NOTE 1: I have used a fixed lot size 0.1 lot in all the .set files. If you change the lot size/risk then you may need to adapt the values of some parameters such as Grid_Take_Profit_Money and Grid_Stop_Loss_Money!

NOTE 2: Always test the .set files in strategy tester with history data before to use them on your real money account.

ATTENTION: If you want to create your own .set files/settings for the Grid System you should know that first you have to set UseBandBreakExit=false, Use_ATR_Profit=false and Use_ATR_Stop=false. Otherwise the Grid System may not work correctly.

These .set files are only for the Grid System! The official .set files for each supported pairs of BF Scalper PRO are at the bottom of the post!

BF Scalper PRO Settings

==== Risk Management ====

FixedLots - fixed trading volume (works if AutoMM1=0)
AutoMM - values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).

==== General Settings ====

Magic - magic number - it is extremely important to keep this different for all robots.
EA_Coment - text which will be added as a comment to each trade opened by BF Scalper PRO.
MaxSpread - maximal allowed spread for position opening.
Slippage - maximal allowed slippage for position opening.
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.
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, opt. step 1.
BandPeriod - Bollinger Bands period - reasonable value range 5-20, opt. step 1.
MaxBreakEntry - the maximum allowed breakout.
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.
ATR_TF_FL - timeframe in minutes of the ATR indicator, used to prevent trading in too high volatility
ATR_Per_FL - period of the ATR indicator
MaxATR_FL - maximum value of the ATR indicator
ExitProfitOnReverse - profit in pips on which the position will be close if reversal bar is formed - reasonable value range 5 to 15, opt. step 1.
Reverse_Bar_TF - the timeframe of the reversal bar – M1 or M5.
UseTrendFilter - change this to "true" if you want to trade only in the direction of the trend defined by the two MAs below. If you use the trend filter for Asian session scalping you will get higher profit factor, but less trades. Generally, you do not need trend filter for Asian session scalping, but if you want extra safety it will help.
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.
MA_Trend_TF - timeframe of both MAs.
Trend_Impulse - relative strength of the market impulse - reasonable value range 0-60 opt. step 5.

==== Dynamic SL & TP ====

Use_ATR_Profit - activates the ATR based exit profit algorithm. If it is “true” it will be used instead the ExitProfitOnReverse value.
ATR_Profit_Factor - the ATR value multiplier for calculating the new ExitProfitOnReverse value.
Use_ATR_Stop - activates the ATR based Stop Loss algorithm.
ATR_SL_Factor - the ATR value multiplier for calculating the Stop Loss value.
ATR_TF_SL - the timeframe on which the ATR indicator is calculated – default 1440 (D1).
ATR_Per_SL - the period of the ATR indicator – default 1.

==== Time Management System ====

AllowedHour_ForBacktest - this parameter is only for backtesting! It helps optimizing the Time Management system. Here is how you can use it. During the optimization set start value 0, end value 23 and the step 1. You can optimize only one day per optimization. For example you want to optimize the trading hours for Monday, you have to disable other days bay settings TuesdayTrading=false ... to ... FridayTrading=false. At the end of the optimization the tester will show you the best hours for trading on Monday. You can add these best hours in the parameter MondayTradingHours separated by comma, for example: 1,4,6.
MondayTrading - true/false - enable or disable trading on Monday
MondayTradingHours - trading hours separated by comma. For example: MondayTradingHours=22,23,0,1,2 - only during these hours the robot will be able to trade
TuesdayTrading - true/false - enable or disable trading on Tuesday
TuesdayTradingHours - trading hours separated by comma. For example: TuesdayTradingHours=22,23,0,1,2 - only during these hours the robot will be able to trade
WednesdayTrading - true/false - enable or disable trading on Wednesday
WednesdayTradingHours - trading hours separated by comma. For example: WednesdayTradingHours=22,23,0,1,2 - only during these hours the robot will be able to trade
ThursdayTrading - true/false - enable or disable trading on Thursday
ThursdayTradingHours - trading hours separated by comma. For example: ThursdayTradingHours=22,23,0,1,2 - only during these hours the robot will be able to trade
FridayTrading - true/false - enable or disable trading on Friday
FridayTradingHours - trading hours separated by comma. For example: FridayTradingHours=22,23,0,1,2 - only during these hours the robot will be able to trade
SaturdayTrading and SundayTrading - true/false - enable or disable trading during Saturday and Sunday respectively. Due to big GMT offset, some brokers trade during weekends and for that reason we added these parameters as well.

Example: MondayTradingHours = "0,23";

==== Wednesday Swap Filter ====

WednesdaySwapFilter - true/false - The 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

==== Rollover Time & Spread Filter ====

RolloverTimeFilter - true/false - switches 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 - switches on/off the rollover additional spread filter
x_MaxSpread - multiplies the initial MaxSpread, which will be allowed in general, before canceling all trading operations. As example if the MaxSpread is 6 and x_MaxSpread is 2, all trading operations will be canceled if the spread exceeds 6x2=12 pips.

==== Notifications ====

EMAIL_Notification - true/false - enable/disable email notifications.
PUSH_Notification - true/false – enable/disable push notifications to mobile phones.

==== GMT Settings ====

GMT_Offset - winter GMT offset of your broker.
Calculate_DST - true/false - Set TRUE if the broker shifts the GMT offset with +1 in Summer. Set FALSE if broker use same GMT offset whole year.

==== GMT Settings ====

The News Filter function is disabled by default. It is your personal choice whether, or not to activate this function. The News Filter function can increase the profit factor of the system and reduce the drawdown, but also can reduce the number of the trades and the total profit.

Avoid_News - true/false – use or not the News Filter.
Include_Medium_News - true/false – include, or not the medium impact news. The high impact news are included by default.
Filter_NFP_FOMC_ONLY - true/false - when true the news filter will stop trading only during NFP and FOMC news.
Wait_Before_News - the amount of minutes, before the news release, when the trading will be disabled.
Wait_After_News - the amount of minutes, after the news release, when the trading will be enabled.

Configure MT4 terminal to allow WEB Requests to the following url: https://www.fxautomater.com Only this way the news filter will be able to work properly!

You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):

==== Friday Exit ====

FridayExit - true/false - if you wish to close all trades on Friday, you should use FridayExit=true.
ExitHourFr - the robot will close all open positions at this hour on Friday.
LastTradeHour - the robot can trade until the end of this hour on Friday (including this hour).

If you decide to use the "FridayExit" option you should set LastTradeHour and ExitHourFr several hours before the market closing of your broker on Friday.

BF Scalper PRO Backtest Result

Below you can check the backtest result of our forex robot - BF Scalper Pro - on the following currency pairs GBPUSD, EURUSD, EURCHF, EURAUD, EURCAD, GBPCAD, USDCAD, USDCHF and USDJPY.

EURCHF

Period: 1999-2019

Risk: Fixed Lots

Deposit: $200

59k Profit in Money

14.09 Profit Factor

0.27 Max Drowdawn

96.25 Profit Trades

11791 Total Trades

GBPUSD

Period: 1999-2019

Risk: Fixed Lots

Deposit: $200

32k Profit in Money

3.29 Profit Factor

1.11 Max Drowdawn

84.65 Profit Trades

8481 Total Trades

GBPUSD

Period: 2015-2019

Risk: Auto MM

Deposit: $1000

BF Scalper PRO Backtest on GBPUSD Money Management

3k Profit in Money

1.8 Profit Factor

11.03 Max Drowdawn

70.08 Profit Trades

966 Total Trades

EURUSD

Period: 1999-2019

Risk: Fixed Lots

Deposit: $300

18k Profit in Money

2.18 Profit Factor

3.47 Max Drowdawn

83.20 Profit Trades

5529 Total Trades

EURAUD

Period: 2004-2019

Risk: Fixed Lots

Deposit: $200

10k Profit in Money

1.71 Profit Factor

8.41 Max Drowdawn

81.50 Profit Trades

3567 Total Trades

USDJPY

Period: 1999-2019

Risk: Fixed Lots

Deposit: $300

10k Profit in Money

1.75 Profit Factor

9.49 Max Drowdawn

79.39 Profit Trades

3727 Total Trades

How to backtest BF Scalper PRO

If you wish to back-test BF Scalper PRO, first you should download history from the MetaTrader history center: click Tools -> History Center, or press the "F2" key of the keyboard. In the list, find the currency pair that you wish to back-test and double click to expand it. Click "1 Minute (M1)" and then click "Download". When the download process is finished, double click on "5 Minutes (M5)” and "15 Minutes (M15)" to convert the M1 data (repeat this for the rest of the time frames). Close the "History Center" window. Restart the MT4 terminal in any case. Check the below image!

To open the "Strategy Tester" window click the "Strategy Tester" button of the MetaTrader menu, or press "Ctrl+R" on the keyboard. In the "Strategy Tester" window chose BF Scalper PRO, chose one of the supported currency pairs, chose M15 timeframe, chose the method "Every tick ...", as shown below. Click "Start" to start the back-test.

The back-test by "Every tick" is the most precise, but it is very slow. If you wish to save time you can run the back-test on M1 timeframe by "Open price only ..." method and this will be correct too.

.Set Files For Each Supported Currency Pairs

The default settings of BF Scalper PRO are optimized for GBPUSD currency pair. Below you can find individual .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.

.Set file EURUSD - Download
.Set file EURCHF - Download
.Set file EURAUD - Download

.Set file EURCAD - Download
.Set file GBPCAD - Download
.Set file USDCAD - Download

.Set file USDCHF - Download
.Set file USDJPY - Download
.Set file EURGBP - Download

More Secure .Set Files

Below you can find secure .set files for each supported pairs, which have the word "safe" in the name. In these .set files we have disabled trading on Monday morning and on Friday evening. With the idea to avoid big losses during Monday morning gaps. If you are going to use the "safe" .set files then you should know that you may have less trades than usual. Since Monday and Friday trading is reduced in these "safe" .set files this will impact also on EA performance. You may have reduced profits.

.Set file GBPUSD - Download
.Set file EURUSD - Download
.Set file EURCHF - Download
.Set file EURAUD - Download

.Set file EURCAD - Download
.Set file GBPCAD - Download
.Set file USDCAD - Download

.Set file USDCHF - Download
.Set file USDJPY - Download
.Set file EURGBP - Download

BF Scalper PRO is COMPATIBLE WITH MAC OS and Windows OS!

BF Scalper PRO 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 Scalper PRO 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 Scalper PRO to be compatible with them.

BF Scalper PRO is COMPATIBLE WITH Metatrader 4 (MT4) and Metatrader 5 (MT5)!

BF Scalper PRO is compatible with the most used metatrader platforms in the forex market - Metatrader 4 (MT4) and Metatrader 5 (MT5).

Buy BF Scalper Pro

If you want to trade with BF Scalper Pro you have to purchase it by clicking the button below. It will redirect you to the payment page and you will be able to make a payment and start using it on your DEMO or REAL account immediately.

1 Real Account/s
3 Demo Account/s
The Best in Forex Industry (24/7) Support
60-Day Money-Back Guarantee

Price: ~~$147~~ $117

BUY BF Scalper Pro

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Disclaimer U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Clearly understand this: Information contained within this course is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.

*CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

By using FXAutomater's products, you acknowledge that you are familiar with these 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. It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance.