BBP_BolingerBreakoutPyramid EA

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This is my best EA so far......It trades breakout of bollinger bands.

It will trade any price breakout of BB, along with some filters for confirmation,

and execute 4 orders(1 trade and 3 stops). If there is a false breakout,

you will(in most cases) lose only one trade, while the others will be closed

automaticaly, But if there is a true breakout, price will activate stops

while ea trails all trigered orders. I tested this on few main pairs,

and all of them ended in nice profit.

Users of 4 num brokers must change all TP\SL and all stops by

removing one zero from each variable!

Works best on 30min TF for EURUSD pair!!!

There are some minor errors within first movestop, but it seems

not to interfere with profitability of the method.

Im opened for suggestions and help regarding the ea.

 

Can you omit the while loops so to test in the tester?

 

Is there someone that can update this for 4 digit brokers (as I don't quite understand)? TIA!

 

Here is the conversion to 4 digit brokers. I backtested it for one month, TF30 EURUSD using IBFX Strategy Tester and it did not do so good. P.S. I renamed it BBP_EA.

Dave

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Files:
bbp_ea.mq4  21 kb
 
1Dave7:
Here is the conversion to 4 digit brokers. I backtested it for one month, TF30 EURUSD using IBFX Strategy Tester and it did not do so good. P.S. I renamed it BBP_EA.

Dave

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Thanks so much, Dave! Long time, no hear!

--Nicky

 

Hi Dave.

BBP_EA (2008.04.17 08:00 - 2009.01.19 23:30) only long position

stond

Files:
strategy_tester.zip  44 kb
strategytester_5.gif  10 kb
 
bnbb2004:
Thanks so much, Dave! Long time, no hear! --Nicky

Nicky, I have been emailing you with your 2008 email address and have not received a response from you. Yes I am still messing with EA's. Thought I had a good one, but it failed like the previous EA's. How have you been?? I see you are still searching also. Have you had any luck with any method?? I have been studying the manual Guppy methods - Promising so far. Evidently your email switched to 2004 vs 2008.

Ministry is doing well. Email me sometime - ddiebold7@aol.com.

Dave

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which the formula of pyramid like you mention on the ea's name?

 

hi,

could you explain to me whatis the difference between first_stop_target and firts_stop? what is the difference between them?

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