{"id":3932,"date":"2020-04-28T10:00:20","date_gmt":"2020-04-28T07:00:20","guid":{"rendered":"https:\/\/roboforex.com/blog\/?p=3932"},"modified":"2026-05-26T10:51:49","modified_gmt":"2026-05-26T07:51:49","slug":"bf-scalper-expert-advisor-a-good-scalper-is-a-stable-scalper","status":"publish","type":"post","link":"https:\/\/roboforex.com/blog\/blog\/2020\/04\/28\/bf-scalper-expert-advisor-a-good-scalper-is-a-stable-scalper\/","title":{"rendered":"BF Scalper Expert Advisor: A Good Scalper is a Stable Scalper"},"content":{"rendered":"\n

Welcome to RoboForex blog! Today, we will review, analyze, and test an interesting scalping<\/a> expert advisor<\/a> called BF Scalper. The name itself reveals that its main trading function is scalping<\/a>. This is a trading style characterized by a high frequency of trades, a short length of holding positions, and relatively small size of positions and Take Profits<\/a>.<\/p>\n\n\n\n

<\/span>How does BF Scalper work?<\/span><\/h2>\n\n\n\n

The main problem of scalping is the difficulty of distinguishing between false and true signals<\/a>. Curiously, to filter signals<\/a>, many take to intricate and absolutely useless algorithms that do nothing but make the system more complicated. In fact, the answer is on the surface: you just need to look for and find price momentum<\/a> only, ignoring empty market movements.<\/p>\n\n\n\n

BF Scalper realizes the strategy with the help of several technical indicators<\/a>. At the first stage, the robot defines the global or dominating trend based on the analysis of the Moving Averages<\/a>. Then we wait for the price goes a set number of points behind one of the borders of the Bollinger Bands<\/a> indicator. Finally, the signal is analyzed by the indicator assessing the momentum strength, and only then a trade is opened.<\/p>\n\n\n\n

The logic of exiting the market is also based on Bollinger Bands<\/a>. The position is closed when price nears the opposite Bollinger Band or breaks it out - even if such closing entails a loss.<\/p>\n\n\n\n

<\/span>BF Scalper peculiarities<\/span><\/h2>\n\n\n\n

According to the creator, the expert advisor works equally well on any timeframe<\/a>; however, M15 was recommended as the best one.<\/p>\n\n\n\n

As for timeframes, the robot suits for GBP\/USD, EUR\/USD<\/a>, EUR\/CHF, EUR\/AUD<\/a>, GBP\/CAD, USD\/CAD<\/a>, USD\/CHF<\/a>, and USD\/JPY<\/a>; by default, it is set up for GBP\/USD<\/a>.<\/p>\n\n\n\n

<\/span>Parameters and settings<\/span><\/h3>\n\n\n\n