BSS Scalping EA v1.4 MT4 works on based on HFT (high frequency trading) algorithm. Its mean trades average holding time remains in seconds. EA put two stop orders 1 buy stop and 1 sell top at near current price. And these two stop orders frequently keep modifying at predefined timer in seconds at predefined distance from current price. And during news events and sudden high volatility events EA took these orders into trades. And while a stop order becomes a trade after it second stop order deleted and trailing stop function started.
BSS Scalping EA is a sophisticated automated trading solution designed to leverage the power of High-frequency trading (HFT) algorithms. The system focuses on short-term trades, often holding positions for a few seconds.
This Expert Advisor (EA) takes full advantage of the Metatrader 4 (MT4) platform and is optimized for trading GBPUSD on the 1-hour (H1) timeframe.
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About the author
This product is compiled by Shahid Rasool
This Pakistan author has more than 8 years of experience working on MQL5 with many famous products such as BSS Scalping EA, Grid Expert, Peace Of Mind MT4 and other products.
Among them, BSS Scalping EA is his best performing product.
BSS Scalping EA professional trading features
The advisor’s high-speed trading potential is based on the following professional features:
Main features:
- High frequency trading (HFT): The EA uses the HFT algorithm, meaning it executes trades quickly.
- Short hold time: The average hold time for trades is measured in seconds, indicating a focus on short-term price movements.
- Dynamic stops: The advisor places two stop orders (buy stop and sell stop) near the current price.
- News and volatility trading: Designed to take advantage of news events and periods of high volatility by entering a trade when the stop order is triggered.
- Trailing stop: When a stop order becomes a trade, the trailing stop function is activated to protect profits.
- Risk management: The advisor does not use any risk-inducible features such as martingale, hedging, and other risk strategies.
Additional features of BSS Scalping:
- Customizable parameters: Allows users to adjust various parameters, including lot size, risk management settings, stop loss, trailing stop, and trading hours.
- Compatibility: Works with any broker and supports both three and five digit quotes.
- Automatic lot calculation: Can automatically calculate lot size based on the user’s risk tolerance and account balance.
- Versatility: Can be used with different pairs without requiring a specific configuration file.
- Professional investment diversity: This advisor can be used with PropFirms challenges.
How does the BSS Scalping EA trading strategy work?
The robot’s trading strategy can be summarized as follows:
- Placing stop orders: The advisor places two stop orders near the current price.
- Modifying stop orders: Stop orders are usually adjusted based on a pre-defined timer and distance from the current price.
- Trade triggers: News events or sudden price movements can trigger stop orders, leading to the execution of the trade.
- Profit protection: After a trade is entered, a trailing stop order is triggered to protect profits when the price moves in the direction favorable to the trade.
- Trade exit: The trade will close when the Stop loss (SL) is reached or if the hold time reaches a pre-defined limit.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
What’s in the package?
Experts
- BSS Scalping EA v1.4_fix.ex4
- msimg32.dll
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The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
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