According to the developers, BKK Scalper has a very advanced secret algorithm that is able to accurately find price reversals and, based on this, open deals in the right direction. The author also paid enough attention to the optimization of the EA, on which he spent 6 months and as a result we have a very profitable robot, optimized to the current market situation. The BKK EA does not use dangerous money management methods, insures open positions with Stop Loss, manages an open position using a Trailing Stop, and has some other useful options.Сharacteristics of the BKK Scalper
Platform: Metatrader4
EA version: 1.4
Currency pairs: Any, recommended AUDCAD, AUDCHF, AUDNZD, AUDUSD, CADCHF, EURAUD, EURCAD, EURUSD, EURCHF, EURGBP, USDCAD, USDCHF, GBPCHF, GBPUSD, NZDUSD
Trading Time: Around the clock (the Expert Advisor's trading time can be set in the settings)
Timeframe: Any, recommended M5 and M15
The screenshot clearly shows that trades are only a few pips (but Take Profit = 100 pips) and were closed just in time when the price reversed, not later. This is very similar to the result of optimization for this historical period.Backtests
The EA can be used on a large number of currency pairs. But, to save time, I only tested on three pairs, as I believe the results will be similar on the other pairs. The EA comes with presets for M5 and M15 with automatic lot calculation. With the same settings, but with UseRisk = false, you can get test results with a fixed lot.
The tests were performed in the interval 2015-2020 with 99.0% modeling quality, since, apparently, it was during this period that the author performed the optimization of the EA.
AUDCAD M5 2015-2020 Auto Lot Risk = 10
AUDCAD M15 2015-2020 Auto Lot Risk = 10
AUDUSD M5 2015-2020 Auto Lot Risk = 10
EURUSD M5 2015-2020 Auto Lot Risk = 10
As you can see, on the optimized time period 2015-2020, the EA behaves very stable and profitably. And what will happen in another historical interval, for example, 2010-2015? Use “BKK M5.set” or “BKK M15.set” for broker server time GMT +2/3 such as RadexMarkets Use “BKK GMT0 M5.set” or “BKK GMT0 M15.set” for broker server time GMT 0 such as Forex4youSettings The EA has the following settings
What can I say in conclusion? Undoubtedly, BKK Scalper can be profitable if used skillfully. But do not forget about the need for a VPS server for its stable and uninterrupted operation. Although the EA will work well on any account, I still recommend an ECN accounts with zero spread. In the archive BKK_Scalper.rar (38.0 kb):
BKK Scalper.ex4
BKK GMT0 M5.set
BKK GMT0 M15.set
BKK M5.set
BKK M15.set
bkk_scalper_1.6.set
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