About the Bull Bear Scalper Expert Advisor
The Bull Bear Scalper Expert Advisor is an automated trading robot designed to produce precise buy and sell signals across currency pairs and timeframes.
Its entry logic is based on the Bull Bear technical indicator, and it is built for scalping short-term moves.
Although the EA works on any pair and timeframe, the developer recommends GBPUSD for the best real-world results.
Default risk settings include a 150-pip take profit, 45-pip stop loss, and a 15-pip trailing stop — all configurable to fit your risk profile.
Free Download
Download the “RobotPowerM5_meta4V12.mq4” MT4 robot
Key Features
Indicator-driven entries
Trade signals are generated by the Bull Bear indicator to capture short directional moves with minimal lag.
Predefined TP and SL
The default take profit is 150 pips with an initial stop loss of 45 pips, giving a clear risk/reward framework for each trade.
Trailing stop protection
A trailing stop of 15 pips locks in profits as a trade moves in your favor while allowing room to breathe during volatility.
Multi-timeframe flexibility
Designed to run on M1 through D1 charts; suitable for scalpers preferring lower timeframes and for those who prefer higher-timeframe confirmation.
Strategy Tester Performance Report
Find below the Bull Bear Scalper robot tester performance report for the EUR/USD currency pair attached to the 4-Hour chart.
Performance Highlights
The strategy tester report demonstrates strong historical performance during the test period.
Over the simulated run, the EA produced significant net profit with thousands of executed trades and a favourable sequence of winners to losers.
Results depend heavily on broker execution, spreads, and input settings, so reproduce the test conditions on demo first and review live trading carefully.
Test period summary: initial deposit $10,000; total net profit $1,968,246 from 28,754 trades.
Largest winning trade: $1,470; largest losing trade: -$478.
The tester recorded long winning streaks (up to 150 wins) and limited consecutive losses (max 5), showing a high-activity scalping behaviour in the modelled environment.
How the EA Works
- Monitors the Bull Bear indicator for buy and sell signal confirmations.
- Places initial market orders with the configured stop loss and take profit.
- Applies a trailing stop (default 15 pips) once trades move into profit.
- Skips or blocks trades outside allowed trading hours or when spread/slippage exceed limits.
- Allows user to adjust inputs to scale risk, change TP/SL, or alter entry sensitivity.
Download Now
Download the “RobotPowerM5_meta4V12.mq4” Metatrader 4 robot
MT4 Forex Robot Highlights
Parameters & Settings
- Lot size — initial trade size
- TakeProfit_pips — default 150 pips (modifiable)
- StopLoss_pips — default 45 pips (modifiable)
- TrailingStop_pips — default 15 pips
- Slippage — maximum allowed slippage
- AllowedTimeFrames — list of permitted chart timeframes
Recommended Trading Setup
- Primary pair: GBPUSD (developer recommendation); also test EURUSD and other majors.
- Timeframes: 1M–4H, depending on your scalping style; the tester example used H4 for illustrative results.
- Use a low-latency VPS and a broker with tight spreads for best execution.
- Start with demo account runs to tune lot sizes, TP/S,L and trailing stop parameters.
- Disable auto-trading during major news events or enable a news filter.
FAQ
1. Which timeframe should I use?
The EA is flexible: low timeframes (M1–M15) suit aggressive scalpers, while H1–H4 can be used for less frequent, more filtered trades. The developer’s tester used H4 for the provided performance report.
2. What risk settings should I start with?
Begin conservatively—small initial lot sizes and default TP/SL—then gradually increase risk after successful demo testing.
3. Do I need coding skills to use it?
No. Installation is standard for MT4 EAs: place the .mq4 file in the Experts folder, restart MT4, and attach to a chart. Adjust inputs via the EA Inputs tab.
4. How trustworthy are the tester results?
Strategy tester outcomes are modelled and depend on the data quality, spreads, and broker conditions. They should be used as guidance — always validate on a demo/live small account before scaling up.
Summary
The Bull Bear Scalper EA is a high-activity, indicator-based scalper for MT4 with configurable TP/SL and trailing stop logic.
Its strategy tester shows significant historical profitability under the tested conditions, but real-world performance will vary with execution and settings.
Download the free .mq4, test thoroughly on demo, and tune parameters to your broker and risk tolerance before trading live.
