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LVL Bollinger Bands

FREE

Published: 5 December 2023

Current version: 14.3

LVL Bollinger Bands

Experts
LVL Invest
LVL Invest
LVL Invest

France

5144
5 (7)
6 products
Version: 14.3
Updated: 9 December 2023

Use this expert advisor whose strategy is essentially based on Bollinger bands as well as a personal touch.

Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content.

Expert advisors currently available:

LVL Creator
LVL Creator Pro
LVL RSI mt5

If you want to get a configuration file to improve your experience, leave a comment on this robot, then contact me by direct message, I will provide it to you.

Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account.

When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results.

. Live signals

. Definition of parameters:

Values between parentheses mean the default values of the indicators.

Risk Management

Allocation Type: how the allocation is calculated
Size: size value depending of the allocation type

Stop Loss

Use stop loss when opening order: true to set a stop loss while opening a position, false otherwise
Use trailing stop loss: true to use a trailing stop loss, false otherwise
Stop loss type: stop loss type to use
Stop loss value: stop loss value to use

Take Profit

Use take profit: true to set a take profit while opening a position, false otherwise
Take profit type: take profit type to use
Take profit value: take profit to use

Settings

Reverse trades: true to open the opposite type of position provided by the strategy, false otherwise
Close all positions and switch off the EA: true to close all open positions and switch off the expert advisor
Magic number: magic number to open positions

Trading Hours

Trading start hour: the time from which the EA can open a position
Trading end hour: the time from which the EA closes a position

Trading Days

Monday: true open a position on Monday, false otherwise
Tuesday: true open a position on Tuesday, false otherwise
Wednesday: true open a position on Wednesday, false otherwise
Thursday: true open a position on Thursday, false otherwise
Friday: true open a position on Friday, false otherwise
Saturday: true open a position on Saturday, false otherwise
Sunday: true open a position on Sunday, false otherwise

Trades

Close all positions every day: true to close all positions every day at the time corresponding to “Trading end hour”, false otherwise
Close all positions on Friday: true to close all positions on every Friday at the time corresponding to “Trading end hour”, false otherwise
Open buy positions: true to authorise the EA to open buy positions, false otherwise
Open sell positions: true to authorise the EA to open sell positions, false otherwise

Position Management

Position management: type of position management (none, martingale or grid)
Coefficient type: if the new lot size is an addition or a multiplication from the last lot size
Coefficient management: the value to add or multiply to calculate the new lot size
Max number of positions: the maximum number of positions in case of grid
Min distance between positions: the minimum distance in points between the last and the new position

Bollinger Bands

Number of Bollinger Bands to use: number of Bollinger Bands to use
Bollinger Bands timeframe short: timeframe of the first Bollinger Bands
Bollinger Bands timeframe long: timeframe of the second Bollinger Bands (useless if 1 Bollinger Bands)
Mobile average period: period for average line calculation
Mobile average shift: horizontal shift of the indicator
Deviation: number of standard deviations

more...

MAX TECH 2026.01.10 19:17 #

Hi, can you please share the recommended .set file(s) for LVL Bollinger Bands EA? I would like a configuration for XAUUSD on M5 (safe risk and good performance). Thanks!

128

Ilson Salvador Ferreira 2025.11.23 05:53 #

O EA É BOM, MAS ACREDITO QUE BEM COFIGURADO POSSA FICAR MELHOR AINDA. COMO CONSIGO UM ARQUIVO SET PARA CARREGAR ?

Fábio 2025.10.17 19:07 #

Gostei muito do seu robô, fiz uma configuração para 1M no XAU/USD que me deu um bom lucro!! Gostaria de saber se você poderia fazer uma pequena implementação na escolha de abertura de posição de compra e venda, podendo escolher por exemplo: as opções de gatilho como, se fecha fora a posição será aberta, se fecha fora e fecha dentro abre a posição, independente da opção de compra ou venda. I really liked your robot. I set it up for 1M on XAU/USD, which gave me a good profit! I'd like to know if you could do a small implementation of the choice of opening buy and sell positions, allowing you to choose, for example: trigger options such as: if it closes outside the range, the position will be opened; if it closes outside and closes inside, the position will open, regardless of the call or put option.

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Welcome to BIG Gold AI ! This is a Fully Automated L ong‑Term GOLD Trading System with 8 Pattern AI Models! We don't use "Martingale ", We don't use "Grid", We don't use "L evel Breakout ", We don't use "ChatGPT", We don't use Non-Realistic Backtests! Each trade has a Fixed TakeProfit and Stop Loss . Each strategy has its own Algorithm for Tracking Profitable Positions. Big Gold AI contains 8 separate Different Pattern AI Strategies within itself, each of them with its own logic and profi

245 USD

[ IMPORTANT ] REAL CLIENT FEEDBACK : https://www.mql5.com/en/market/product/127498/comments#comment_58814415 [ IMPORTANT ] UPDATED (1 YEAR PERFORMANCE): https://www.mql5.com/en/market/product/127498/comments#comment_59233853 [ IMPORTANT ] UPDATED (1 YEAR 6 MONTHS PERFORMANCE): https://www.mql5.com/en/market/product/127498/comments#comment_60000067 [ IMPORTANT ] UPDATED (2026/09): https://www.mql5.com/en/market/product/127498/comments/page2#comment_60389797 [ IMPORTANT ] UPDATED (2026/

1 399 USD

FREE

Use this expert advisor whose strategy is essentially based on the Ichimoku Kumo Break Out as well as a personal touch. Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content. Expert advisors currently available: LVL Creator LVL Creator Pro LVL Bollinger Bands LVL RSI mt5 Trading is not a magic solution, so before using this expert on a live account, carry out

FREE

Build your own trading strategy using the combination of indicators you want from those offered (each indicator can be used up to 2 times) in addition to a few personal touches: Average True Range Bollinger Bands Ichimoku Kumo Breakout Ichimoku Tenkan Sen Kijun Sen Cross (TKC) MACD MFI Mobile Average RSI SAR Stochastic Double Mobile Average Triple Mobile Average Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it wi

50 USD

The strategy is based on a market analysis for a specific time period. Once the market analysis is completed, the Expert Advisor opens a position if the trend is confirmed. Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account. When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results. . Live signals . Suggested symbols

70 USD

Filter:

MAX TECH 2026.01.10 19:17 #

Hi, can you please share the recommended .set file(s) for LVL Bollinger Bands EA? I would like a configuration for XAUUSD on M5 (safe risk and good performance). Thanks!

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Ilson Salvador Ferreira 2025.11.23 05:53 #

O EA É BOM, MAS ACREDITO QUE BEM COFIGURADO POSSA FICAR MELHOR AINDA. COMO CONSIGO UM ARQUIVO SET PARA CARREGAR ?

Fábio 2025.10.17 19:07 #

hasan adine 2024.12.15 13:29 #

User didn't leave any comment to the rating

jpyfer 2024.11.08 07:49 #

Nice ea ! Thanks for the work.

SuriyaChaiwat 2024.07.18 17:34 #

nice

Shrestha 2024.05.14 16:57 #

User didn't leave any comment to the rating

5144

Reply from developer Aurelien Pierre Laval 2024.05.16 20:41 #

Thank you for your message.

Dayro Diaz 2024.03.15 22:04 #

Excellent product, I would just like to know how to ensure that the grid does not replicate itself again after this. I would like that if the operation goes completely wrong, the grid does not start again. Is this possible automatically and without activating the manual closure? ? Thank you.

5144

Reply from developer Aurelien Pierre Laval 2024.03.16 10:37 #

Hello, thank you for your message. To be sure to understand, you would like to know how to close automatically positions when the drawdown is greater than X percents of the balance? What do you mean by "operation goes completely wrong"?

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hosein hosein 2023.12.07 23:14 #

Hello Thank you for giving this good expert free Please send me its settings

LVL Bollinger Bands

LVL Invest