Summary of "BOBOT SCALPER PRO 5 - SETTINGS AND PARAMETERS EXPLAINED"

Bobot Scalper Pro 5 — Settings, Risk Management, and Recommended Workflow

Primary focus

A walkthrough of recommended parameters and risk controls for the Bobot Scalper Pro 5 automated trading bot. Emphasis is on tuning per broker (spread/slippage), backtesting, conservative position sizing, and using filters and confirmation rules to reduce false entries.

Assets / instruments mentioned

Gold (XAU, referred to as “Gold”) — used as an explicit example for TP/SL and volatility considerations.
General FX / CFD-style trading (no specific tickers or ETFs provided).
Indicators referenced: MACD, Stochastic, RSI, Moving Average (MA 200).
Trading features referenced: Take Profit (TP) / Stop Loss (SL), Trailing Stop (TSL), trend filter, support/resistance (SR) filter, position limits, daily profit target.

Explicit numeric settings and example values

Preferred chart/timeframe: 15-minute (stated as “best for us”).
MACD / Stochastic indicator timeframe examples: 5-minute (if chosen; you may select based on setup).
Take Profit (TP): $40 (example / presenter default).
Stop Loss (SL) for Gold: $50 (example; justified by Gold volatility).
Trailing Stop:
- Trailing start: trailing when profit reaches 7 (unit = price/$ depending on instrument).
- Trailing percent default: 50% → trailing distance becomes 3.5 (example).
- Alternative example: 10% → trailing distance 0.7.
Trend filter: MA period 200 on 30-minute timeframe to determine trend direction.
SR filter scan: 5-minute timeframe scanning back ~75 candles to build support/resistance zones.
Minimum distance between entries: recommended 3–5 (units = price distance / pips depending on instrument) to avoid overlapping entries.
Max drawdown trigger: 50% equity drawdown configured to close positions (example safety cutoff).
Equity-per-slot sizing guidance: 1 order per direction per $200 equity (conservative).
Daily profit target example: $30 (when reached, bot stops opening new trades for the day).
Recommended maximum open trades per direction: enable limits (no exact number provided; use conservative limits).

Strategy & methodology — step-by-step framework

Obtain and enable a personal license (the bot requires a personal license).
Backtest on your specific account equity and broker conditions (spreads, slippage) before going live.
Choose core signal strategies:
- Use MACD and Stochastic entries together for stronger confluence.
- MACD-only or Stochastic-only setups exist, but the combo reduces false entries.
- Avoid changing Stochastic default overbought/oversold levels unless you understand consequences.
Select timeframes:
- Presenter prefers a 15-minute chart overall.
- Example: indicators on 5-minute frames for quicker signals.
Configure TP/SL and Trailing Stop:
- Set TP/SL consistent with instrument volatility (Gold example: TP $40 / SL $50).
- Configure trailing start and trailing percent relative to spread/slippage and volatility.
- Avoid setting trailing start too low (presenter advises not to go below 2).
Enable filters:
- Trend filter: MA200 on 30-min to allow trades only in trend direction.
- SR filter: scan 75 candles on 5-min to avoid trades too close to SR zones.
- Confirmation candle(s): require prior candle structure confirmation before executing.
Set risk controls:
- Max open buy/sell trades.
- Max drawdown auto-close (example: 50%).
- Minimum distance between entries.
- Equity-per-slot sizing (example: 1 order per direction per $200).
- Daily profit target to pause trading when reached.
Test on a demo account, adjust for your broker (spread, slippage) and equity, then go live.

Key behavioral and operational notes / cautions

Tune settings per broker: performance depends heavily on spread and slippage.
Conservative filter settings reduce trades and may survive stress events but can trade infrequently (sometimes only a few trades per month).
Bots have been hit by extreme market moves (presenter referenced losses during March driven by war/macro volatility). Past performance does not guarantee future results.
Auto-choose buy/sell:
- If true: bot can automatically choose direction (still subject to trend filter).
- If false: you can force buys or sells manually, but other filters still apply.
Minimum distance between entries helps prevent repeated entries at nearly the same price during consolidation.
Avoid setting trailing start too close to spread/slippage; trailing start below 2 is discouraged.

Note: Many cautions were emphasized — backtest and adapt settings, and do not rely solely on default values.

Recommendations

Backtest thoroughly and use a demo account to tune for your broker’s spread, slippage, and your account equity.
Start conservative:
- Example sizing: 1 order per direction per $200 equity.
- Limit maximum open trades and use daily profit caps.
Use MACD + Stochastic confluence, confirmation candles, and trend/SR filters for higher-quality entries.
Match TP/SL and trailing strategy to instrument volatility (Gold requires wider SL in the presenter’s example).

Disclaimers and presenter cautions

The presenter stressed that the bot is not perfect; many bots were negatively affected during extreme market events.
Past recoveries or historical performance do not guarantee future results.
Multiple cautions to test and adapt settings were given throughout the presentation.

Presenters and sources

Video presenter: unnamed host / Bobot Scalper Pro 5 creator/demo instructor.
References mentioned: Bobot Scalper Pro 5 team/tool, MQL community, and community “bot makers in the GC.”