Expert Advisors: An Expert Advisor, based on Bollinger Bands - page 3

 
Thiago Victor Oliveira Santos take profit and a trailing stop, it is very good. however if there are these settings we will get an even better result.
I'm testing it on the Brazilian mini index. the entries are perfect, but the fact that there is no target and trailing stop, in addition to the absence of crossover to close the orders, ends up beq


what setup are you using on the brazilian mini index?

 
Good morning, I'm running it on my mt5 but the orders aren't being executed, any tips on what it might be?
 
João V. #:
Good morning, I'm running it on my mt5 but the orders aren't being executed, any tips on what it might be?
Hello John.

Most of the EAs in the codebase and articles are developed with foreign brokers in mind, as they operate on decentralised brokers.

Running code like this in Brazil, where we have the path Client -> Broker -> B3 -> Broker -> Client is a big risk.

I've been working with MT5 for a long time, but I haven't ventured into EAs (probably with the knowledge I have today, I should have) precisely because I'm afraid of not managing orders correctly and making a loss as a result.

Have you ever seen a "Frozen" order here at our brokers? How would your EA act?

In the event that the order is not fully executed (pending orders where there is no liquidity required), how do you act?

Are you dealing with order submission errors?

Are you checking that the asset is not auctioned?

Are you careful not to send several orders (mt5 is very fast, it can send the same order several times in a second) while you don't know if the first order has been returned by the broker?

Well, try to understand the code you're using and be aware of the risks.

If you hire someone to make an EA for you, find out how the developer deals with these and other situations that can occur in our daily lives with EAs.

Abs.
 
The EA's strategy for opening positions gave some good entries but the exit strategy for closing positions lacks proper control...I suggest that if possible for the dev to add a parameter for take profit and stop loss (in pips/points/currency) which can be set by the user, this way it will give more control in closing positions. Thank you
 

Hello, my name is Stephan and i have a question about your Bollinger Bands EA. After the compiling of your code, there is the message (return value of OrderSend should be checked). I have zero coding experience, please can you help me?

Thanks.

 
It's just an inaccuracy in the programming, it would be better to check the result, but if it worked, it was ok, if not, no position was opened.
 
Where can I download it?
 
Daniel Santos Resende #:
Where can I download it?
I also want to know
 
Daniel Santos Resende # Where can I download it?
Lucas Henrique #: I also want to know

CodeBase

Expert Advisor based on Bollinger Bands ®

Andrey Kornishkin, 2014.01.14 15:31

This Expert Advisor is based on Bollinger Bands. It uses a trend-following strategy (DEMA) and the Bollinger Bands ® indicator.