BKK Scalper - very advance secretive trading algorithm
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
Recommended broker: Roboforex, XM, FTMO
EA trading algorithm
As I said, BKK Scalper uses some secret algorithm to find entry points. I find it difficult to answer what exactly is in the code of the EA. Maybe you can do it, write your thoughts in the comments. One thing is clear for sure that the EA enters at a price reversal and does not keep the order open for a long time. It quickly fixes profits and can reopen a trade if the price has not moved far from the previous entry point:
bkk-scalper-trading-algorithm
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.