Bollinger Bands TP Guardian MT4

Bollinger Bands TP Guardian 

This utility Expert Advisor use Bollinger Bands to modify Take Profit (TP) level of open orders, improve your trade management & hands free after manual trade executed. 

Key Features

  • Automatic TP Adjustment: The EA automatically adjusts the TP of open orders.

  • Bollinger Bands Integration: TP levels are set using the Upper, Middle, or Lower Bollinger Band.

  • Customizable Settings: Users can specify Bollinger Bands parameters and the frequency of TP modifications.

  • Effortless Operation: Once attached to a chart, the EA works in the background without requiring manual intervention.

How to Use

  1. Attach the EA to a chart.

  2. In the EA's settings, choose the desired Bollinger Band line (Upper, Middle, or Lower) for desire Target profit level.

  3. Set the Bollinger Bands parameters.

  4. The EA will then begin adjusting the TP of any open order on that symbol.

Parameters

  • Bands Period: Period for the Bollinger Bands calculation.

  • Bands Deviations: Number of standard deviations.

  • Bands Shift: Horizontal shift.

  • Type line: Select the line to use: Upper Band , Middle Band , or Lower Band .

  • Use data from the last closed bar or live data.

  • The frequency in seconds to attempt modifying the TP: Default 60 second.

  • An additional distance in pips to add to the calculated TP.


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This is an automatic parameter optimizer for the   Trend Line PRO   indicator Easily and quickly you will select the optimal parameters for your favorite Trend Line PRO indicator.  Optimization takes only a few seconds. The optimizer allows you to find the best parameters for each pair and period: Amplitude, TP1-TP3, StopLoss, as well as values for Time Filter and HTF Filter on the selected history section (Days)  To optimize different timeframes, you need a different range of history: M5-M15
Trade Dashboard MT4
Fatemeh Ameri
4.96 (54)
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
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