BF Scalper EA
- Store: WallStreet Forex
- Category: Forex / Stock Software
Save up to 47% on WallStreet Forex BF Scalper EA software with the offer of WallStreet Forex. This is a great opportunity for big savings. Don’t miss it!
- Old Price: $147
- New Price: $77.6
- The logic is very simple but effective – the EA uses breakouts of the Bollinger Bands for entry and exit signals.
- Reasonable stop loss levels vary between 20 and 60 pips. You can use a 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.
- The EA has high spread protection – this is crucial because if you use limit orders as an 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.
- BF Scalper EA is compatible with the most well-known and used Operating Systems Mac OS + Windows OS.