Bollinger Bands TP Guardian MT5

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.

  • ApplyTo = Close price/ Open price/ High price/ Low price.

  • BB_Target Profit Line: Select the line to use: Upper Band , Middle Band , or Lower Band .


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Lot Size Calculator – Position Sizing Tool This indicator calculates lot size based on the selected risk percentage and stop loss distance. It is designed for Forex & Gold and cryptocurrency trading. Main Features Position sizing based on account balance / available equity and chosen risk percentage Market order and pending order modes Visual trade levels: entry, stop loss, and take profit lines on chart Risk-to-reward ratio display Automatic lot adjustment depending on stop loss distance Prof
Lot Size Calculator – Position Sizing Tool This indicator calculates lot size based on the selected risk percentage and stop loss distance. It is designed for Forex, metals, indices, commodities, and cryptocurrency trading. Main Features Position sizing based on account balance and chosen risk percentage Market order and pending order modes Visual trade levels: entry, stop loss, and take profit lines on chart Risk-to-reward ratio display Automatic lot adjustment depending on stop loss distanc
Lot Size Calculator Advanced– Position Sizing Tool with Drawdown Balance This lot size calculator based on the selected risk percentage and stop loss distance. it also has a new feature with additional amount to risk per trade, this approach helps manage drawdown smoothly by spreading the risk increase over time instead of doubling it immediately. It allows for better control and safer risk management. It is designed for Forex, metals, indices, commodities, and cryptocurrency trading. Main Feat
This utility Expert Advisor utilizes the Parabolic SAR  indicator to dynamically set and trail the Stop Loss (SL) level of open orders, ensuring profits are protected and minimizing manual trade management. Key Features Dynamic SL Adjustment: The EA automatically adjusts the Stop Loss (SL) of any open position to the level indicated by the current Parabolic SAR point on every new bar. Trend-Following Protection: Ensures the SL closely follows the price during strong trends due to the acceleratin
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pratik74 2025.10.03 12:17 
 

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