Double Bollinger Bands EA
- Experts
- Version: 3.0
- Updated: 13 July 2025
- Activations: 5
Kathy Lien Method
Uses a trend + pullback approach with Bollinger Bands for trend detection and pullback entries to the inner band.
Price Policy
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First 20 users: 30 USD
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Users 21–100: 200 USD
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101st and onward: 500 USD
Strategy Summary
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Trend Detection: Price closing beyond outer Bollinger band defines the trend.
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Pullback Entry: In an active trend, entry is taken when price touches inner band (BUY in uptrend, SELL in downtrend).
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Risk & Trade Management:
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Stop‑Loss: just outside the inner band
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Take‑Profit: at the opposite outer band
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Lot sizing: automatic, according to symbol limits
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Max daily trades, pause after consecutive losses, and max margin risk per trade are controlled by parameters
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Optional Filters:
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RSI filter: BUY if RSI > level, SELL if RSI < level
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UTC session filters: enables trading only during Asia, London, New York sessions
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Input Parameters
(Each input is named and explained.)
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InpBBPeriod: Bollinger Band period
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InpDevOuter: standard deviation for outer band
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InpDevInner: standard deviation for inner band
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InpUseRsiFilter: enable RSI filter?
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InpRsiPeriod: RSI calculation period
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InpRsiBuyLevel / InpRsiSellLevel: RSI threshold levels
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InpUseSessionFilter: enable session filtering?
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InpSessionAsia / London / NewYork: trade allowed in which UTC sessions
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InpLotSize: lot size (auto‑normalized)
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InpMaxRiskPercent: maximum margin% risk per trade
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InpMagicNumber: unique EA trade ID
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InpTF: signal timeframe
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InpDailyTradeLimit: daily max trades
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InpConsecutiveLossLimit: pause after X consecutive losses

