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Bollinger Bands Breakout by FX Baba

ZBREAKOUT is a Bollinger Bands Breakout system created by FXBABATRADING. It aims to enter trades when price breakouts, during a time of increasing volatility, after a period of solid consolidation in a trending cycle.

Most Bollinger Band breakout system fail because trades are entered when brice breaks out without taking into consideration whether or not volatility was rising to support the breakout, whether trading volume was there to support the continuation of the move and whether a solid trend was in place to support the direction in which the breakout happened.

My goal with this complex algorithm is to provide a solid breakout system that takes all those nuances into consideration.

It is best to run it on a 30 minute timeframe and with heavily traded currency pairs, such as EURUSD, USDJPY, AUDJPY, GBPUSD, GBPJPY, EURGBP, CADJPY, NZDJPY, AUDUSD, NZDUSD. It also works well for metals such as XAUUSD & XAGUSD as well as for Bitcoin

It is best not to change any of the parameters. Stop Loss is set at 1.5x Daily ATR. Target is split the following way: Exit 50% at 1x Daily ATR. Exit 50% of the remainder at 2x Daily ATR. Trail stop the remainder 25% at 1 x Standard Deviation from price

Email me at fxbaba108@gmail.com if you have questions

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4.68 (19)
Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and and advanced technologies in neural networks, EA is capable of analyzing historical and current
Big Forex Players MT5
Marzena Maria Szmit
4.8 (40)
We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th
Daytrade Pro Algo MT5
Profalgo Limited
4.18 (11)
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de tradi
GoldenTron
PETER OMER M DESCHEPPER
4.82 (22)
Promotional Price: $239.99. The price will increase by $20 with every 10 purchases. Final price $1999.99 Prop firm ready: download setfile Live Signal: IC Markets Raw Spread My goal was to deliver the best, most robust, long-term expert advisor on the market. Many inputs and logic have been deeply tested and considered. What is the most important goal of an expert advisor? Many would say it is to provide long-term income. This makes sense, yet 99% of expert advisors are designed to achieve
Live Signal: https://www.mql5.com/en/signals/2233179 New Product Introductory Price: $499. Please Contact Me for Manual after purchase activation. Gold Mana  is developed with over a year of intense research and testing. This expert advisor employs multi-timeframe volatility measurements, analyses intentions of market participants and anticipate price movements before they occur with help candlestick patterns, and supply & demand analysis for accurate entries that are highly reactive to m
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******** 5 INDICATORS IN 1 ***********  In statistics, the Zscore tells us the number of standard deviations by which the value of a raw score is above or below the mean value of what is being observed or measured. In trading the Zscore tells us the number of standard deviations by which the value of price is above or below a moving average of choice. For example a Zscore of 1.5 in a period of 20 tells us the closing price is currently 1.5 x standard deviations above the 20 period Moving Average
Our Moving Average Crossover EA offers a unique and complete 100% automated trading solution with over 34 different types of Moving Average calculations to choose from! Yes, that right 34! See the list at the bottom of the description! So many great features! Position Sizing & Money Management - Position sizes are either fixed or calculated dynamically based on percentage of Capital available divided by pip count or ATR multiplier. Stop Loss, Target Profit, Trailing Stop & Partial Position Closi
We would like to introduce you to our newly developed ZScore Dashboard Indicator for the Metatrader 5 platform. It automatically calculates and updates the ZScore values of Price (Z) and Tick Volume (ZV) as it changes in the particular timeframe chart to which the indicator is applied to. The Dashboard contains 4 columns per each average. Each average has the following columns: ZScore of Price (Z), 3 period SMA of ZScore of Price (ZMA), ZScore of Tick Volume (ZV) and a 3 period SMA of ZScore of
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