BF Scalper Pro is introduced as a robot that can make profits. It’s the second iteration of the system because originally, it was published in 2016-2018 years. The current version was set on the real account in May 2020.
BF Scalper Pro Trading Strategy
- There are three strategies on the board: Grid, Scalping, and Martingale.
- We can trade many various symbols EUR/AUD, EUR/CAD, GBP/CAD, GBP/USD, EUR/USD, USD/CAD, and USD/CHF.
- The main time is M15.
BF Scalper Pro Features
The presentation explains everything, as usual for FX Automater.
The robot has the next features and settings explained:
- The robot makes profits fully automatically.
- The company has a free download version of this advisor with fixed lot sizes.
- There’s an Exit Logic that helps to decrease drawdowns.
- It doesn’t set deep Stop Losses to protect our account from huge drawdowns.
- It sets not only SL but also TP levels for each open order.
- There’s a High Impact News filter implemented.
- We can receive notifications via push or email.
- The broker protection feature hides SL and TP levels from being hunted.
- Our deals will be covered by a Friday Exit System as well.
- We can use the robot on the MT4 and MT5 terminals.
- We can use the settings files that developers provided for each symbol.
- Trading hours can be customized manually.
- The robot requires an ECN account for fast execution.
The Pro version of BF Scalper costs $137 with $60 OFF. The package includes one real account license, three demo account licenses, the best in Forex 24/7 support, and a 60-day money-back guarantee.
BF Scalper Pro Backtesting Results
We have a EUR/USD report on the M15 time frame on the plate. The modeling quality was 99.90% with 10 pips spreads. The initial deposit was $300. The total net profit has become $17,711.44. The Profit Factor was 2.18. The maximum drawdown was $478.27. The advisor has closed 5529 deals with an 85% win rate for Shorts and 80% for Longs.
BF Scalper Pro Live Trading Results
BF Scalper Pro has been working on a real USD account on FX Open automatically. The leverage is 1:500. The platform is Metatrader 4. The account has a verified track record and verified trading privileges. It was created on March 23, 2020, and deposited at $10,000. The absolute gain is 28.27%. An average monthly gain is 1.67%. The maximum drawdown is 22.67%. Seventeen people track trading results.
The system has closed 817 trades with 1688 pips. An average win is 9.61 pips when an average loss is -14.57 pips. The win rate for Longs is 71%, and when for Shorts, it’s 66%. An average trade length is fourteen hours. The Profit Factor is 1.75.
EURCAD and GBPUSD are the most frequently traded cross pairs. GBPUSD is the most profitable among others – $705.75.
The system trades only between market hours.
Wednesday (272 deals) is the most traded day.
The system works with low risks to the account balance.
As we may note, the robot works with Martingale.
The robot makes completely mediocre profits losing months sometimes.
BF Scalper Pro Reputation
The robot has no reputation, but the company does. FXAutomater has designed many well-known products like Wall Street EA, Volatility Factor, Forex Diamond, and many others.
BF Scalper Pro Review Summary
- Strategy – score (4/10)
- Functionality & Features – score (5/10)
- Trading Results – score (4/10)
- Reliability – score (4/10)
- Pricing – score (8/10)
Conclusion
BF Scalper Pro is an updated reincarnation of BF Scalper. The system made some profits for the last several months. Anyway, trading results don’t look convenient for us to purchase the system. The robot works with a less than 70% win rate. So, it’s hard to use Martingale for recovery because it’s risky.
