Experts: Bollinger Bands N positions

 

Bollinger Bands N positions:

Signals are generated by the iBands, Bollinger Bands indicator. When a signal is received, opposite positions are closed.

Bollinger Bands N positions

Author: Vladimir Karputov

[Deleted]  
What's that?
[Deleted]  
I mean, what's it for?
 
Vova08:
What is it?

This is a programme - MQL5 Expert Advisor. Help: Trading Expert Advisors and proprietary indicators.
 

Good afternoon,


I like your EA very much - it really works and can bring profit, but there is one problem....


Can you add the possibility of limiting the number of open positions in your Expert Advisor?


When the market is calm, the Expert Advisor can open any number of positions when the conditions for opening a position are reached, and thus bankrupt the account because of too many lots being traded.

After all, the main condition for successful trading is calculated risk.

And it is impossible to limit the risk without limiting the number of open positions.

Could you make changes to the Expert Advisor so that the maximum number of open positions could be limited to 1 lot by default or set by the user in the settings?


Regards,


Pavel Buglak

 
Pavlo Buglak:

Good afternoon,


I like your EA very much - it really works and can bring profit, but there is one problem ...


Can you add the possibility to limit the number of open positions in your Expert Advisor?


When the market is calm, the Expert Advisor can open any number of positions when the conditions for opening a position are reached, thus bankrupting the account due to too many lots being traded.

After all, the main condition for successful trading is calculated risk.

And it is impossible to limit the risk without limiting the number of open positions.

Could you make changes to the Expert Advisor so that the maximum number of open positions could be limited to 1 lot by default or set by the user in the settings?


Regards,


Pavel Buglak

Wait for the version

Bollinger Bands N positions v2

It will have new TakeProfit, StopLoss, Trailing and limit on the number of open positions.

 

Thanks for the reply!

I'll be looking forward to it.