BKK Scalper MT4

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Timeframes:  M5 M15

Minimum Deposit: $100

Recommended Account Type: ECN or Raw Spread

Leverage: From 1:30 to 1:1000

Recommend broker: Roboforex
Recommend Vps: GoVPSFX
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BKK Scalper is a fully automated trading robot (Expert Advisor) for the MetaTrader 4 platform, designed for scalping on the Forex market. It uses a unique proprietary algorithm to identify price reversal points and open trades in the opposite direction to small market deviations. The developers claim that the algorithm has been optimized for six months, making it a tool for short-term trading with potentially high profitability. The advisor does not use dangerous strategies such as Martingale or order grid, which reduces risks.

Trading characteristics
– Strategy: Scalping. The advisor identifies small price deviations and opens trades in the opposite direction, aiming to close them at the level before the deviation began. This allows you to fix profits quickly (usually within a few points), although Take Profit can be set at up to 100 points.
– Time Frames: Optimized for M5 and M15 timeframes, but can work on other periods (M1 and higher) with the right settings.
Features and Settings
– News Filter: Supports the function of stopping trading during news. To activate, you need to enable the “Allow WebRequest” option in MT4 settings and add the URL `http://www.bkkea.com/` to receive news data.

– Input Parameter Settings:
– Automatic lot (depending on risk).
– Time filter (start and end of trading).
– Stop loss and take profit levels.
– Maximum spread for trading.
– Long or Short trading permission.
– Magic numbers for Buy and Sell orders.
– Set Files: Setting files such as “BKK M5.set” (for GMT 2/3 ) or “BKK GMT0 M5.set” (for GMT 0 are recommended.)