Description
BF Scalper EA is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things!
The logic behind BF Scalper EA 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 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.
Recommended timeframe: M15
Supported currency pairs: GBPUSD, EURUSD, EURCHF, EURAUD, GBPCAD, USDCAD, USDCHF and USDJPY
all EA's, indicator's are working and unlocked for use