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Overview of BF Scalper PRO

BF Scalper PRO, developed by Ariva Soft Ltd, is an advanced automated trading system designed for the Forex market. This professional version of the popular BF Scalper EA incorporates numerous enhancements aimed at improving performance and reducing risks. Notably, it features a new ATR-based Stop Loss algorithm that adapts to market volatility, effectively minimizing drawdowns while maximizing profit potential. The software is engineered for both novice and experienced traders, offering a user-friendly interface and comprehensive support.

Key Features That Set BF Scalper PRO Apart

• Advanced ATR-Based Stop Loss: This innovative algorithm adjusts the Stop Loss levels according to current market conditions, significantly lowering drawdowns and enhancing profit factors.

• Improved Exit Logic: The updated exit strategy helps in efficiently managing trades, leading to better overall performance compared to its predecessor.

• Grid System: An optional feature that can be activated to optimize profitability and reduce broker dependency. This system allows for multiple trading strategies, including traditional grid and martingale approaches.

• Comprehensive Money Management: Users can set risk parameters, allowing the EA to automatically calculate lot sizes based on account balance. The Recovery Mode feature helps in compensating for previous losses by adjusting trade sizes intelligently.

• Multiple Currency Pair Support: BF Scalper PRO is compatible with several currency pairs including GBPUSD, EURUSD, and USDJPY, making it versatile for various trading strategies.

• Advanced News Filter: This feature prevents trading during significant economic events, which can lead to unpredictable market movements. It is configurable and can be disabled if desired.

• Email and Push Notifications: Users receive real-time updates about trades via email or mobile notifications, ensuring they remain informed about their trading activities.

• Friday Exit System: Designed to mitigate risks associated with weekend market gaps, this system allows users to close all trades before the weekend begins.

Frequently Asked Questions

What is the recommended timeframe for using BF Scalper PRO?

The recommended timeframe for optimal performance is M15 (15-minute) charts. This setting allows the EA to effectively analyze market trends and execute trades accordingly.

Is BF Scalper PRO suitable for beginners?

Yes, BF Scalper PRO is designed to be user-friendly and includes a detailed user manual that guides beginners through installation and configuration processes. Its automated nature also reduces the need for extensive trading knowledge.

Can I customize the settings in BF Scalper PRO?

Absolutely. Users have the flexibility to customize various parameters such as risk levels, trading hours, and specific currency pairs. The software comes with pre-configured settings but allows for adjustments based on individual trading preferences.

How does the Recovery Mode work?

The Recovery Mode analyzes past trading history to identify losses. Once a loss occurs, it strategically increases lot sizes for subsequent trades until previous losses are fully compensated. This method aims to recover losses while maintaining a secure approach to risk management.

Are there any additional costs after purchasing BF Scalper PRO?

No. All future updates for BF Scalper PRO are provided free of charge, ensuring that users benefit from ongoing improvements without incurring additional costs.

BF Scalper PRO stands out as a robust tool in automated Forex trading, combining advanced features with ease of use to cater to traders of all experience levels.