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BollSto EA MT5

EA Grid- BollSto is a hybrid strategy that has been tested and optimized using 100% History Quality from 2008 to 2023. Its main signal is based on Bollinger Bands, with Stochastic as a confirming signal to identify trends. It can be used on various timeframes such as M15, M30, H1, H4, and D1, with customizable settings.

* Recommended to use 1 timeframe per 1 account to limit risk.

The risk management system allows you to choose your preferred risk level. The user-friendly interface, coupled with high-quality stability and real-time processing modules, provides a wide range of configuration options. For traders seeking consistent profitability and reliability, try our EA and enhance your trading potential significantly!


Supported currency pairs: AUDCAD

Most recommended timeframe: M15


Live Signal: https://www.mql5.com/en/signals/2126182

MT4 Version: Click Here


Backtest

  • Modelling quality: 100% History Quality
  • Spread: Variable
  • Time Period: 2008 – 2023.10
  • Symbol: AUDCAD
  • Timeframe: M15
  • Dynamic lot: Dynamically sets the lot size based on the current balance.

* Backtests should be done with Tick Data Suite GMT+2 with US DST. This GMT offset is used by most brokers


Setting

  • Risk Management: Customize the level of risk according to your trading preferences.
  • Take Profit for Initial Trade: Set the take profit level in pips for the initial trade.
  • Take Profit for Pips as Position: Specify the average profit in pips that you want to achieve when opening multiple orders (2-3 orders).
  • Bollinger Bands Period: Determine the period of the Bollinger Bands used to calculate the upper and lower levels.
  • Stochastic Period: Set the period for the %K line of the Stochastic indicator used to generate secondary signals for confirming trend reversals.
  • Trade Distance: Define the minimum distance in pips between trades.
  • 2nd Trade Multiplier: Specify the multiplier for the lot size of the second trade.
  • 3rd - 5th Trade Multiplier: Set the multiplier for the lot size of the third to fifth trades.
  • 6th Trade Multiplier: Determine the multiplier for the lot size of the sixth trade and subsequent trades.
  • Stop Loss: Enable this option if you want to set a stop loss to limit potential losses.
  • Percent Stop Loss: Specify the percentage of your account balance that you are willing to risk as a stop loss.
  • Initial Trade Setting: Set the option to trade every weekday.
  • Trade Count for Closing: Determine the maximum number of orders you are willing to have at risk, and if this limit is reached, the EA will close the orders at breakeven.
  • Percent Profit for closing: Set the average profit percentage at which you want to close the orders at breakeven.
  • Maximum Slippage in pips: Specify the maximum allowed slippage in pips for the next open trades.


*** The only thing I recommend you adjust in this EA is to choose the lot size setting as you prefer.

Select True for your desired risk management setting: either Select_Risk_Setting, Select_Percent_Setting, or Select_Fix_initial_lot (choose only one to be True).

Once you've selected True, choose the risk level or input a numeric value under that option.


Recommend

  • Currency Pairs: AUDCAD
  • Timeframe: M15
  • Account Type: Any, with a minimum spread (preferably ECN/Raw)
  • Leverage: 1:100 is recommended
  • Settings: Default
  • Minimal/Recommended Deposit: $1500 or 1500 US Cent


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5 (1)
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Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
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Lo Thi Mai Loan
4.79 (19)
Experten
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Chen Jia Qi
4.45 (83)
Experten
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5 (1)
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Dilwyn Tng
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4 (9)
Experten
Aktion starten: Begrenzte Anzahl von Exemplaren zum Tagespreis erhältlich Endpreis: 990 $ NEU: Erhalte 1 EA gratis!   (für 2 Handelskonten) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Willkommen bei DayTrade Pro Algo!   Nachdem ich jahrelang die Märkte studiert und verschiedene Strategien programmiert habe, habe ich einen Algorithmus gefunden, der alles hat, was ein gutes Handelssystem braucht: Es
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Experten
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Version 1.2 2023.12.15
Added options for risk management
Version 1.1 2023.11.24
Add dropdown list of risk management