Gaussian Bands Trading EA

Gaussian Bands Trading EA

Gaussian Bands Trading EA is a MetaTrader 5 Expert Advisor that trades Gaussian-weighted price bands and manages separate BUY and SELL baskets. The indicator is embedded; no separate indicator installation is required. Version 3.10.

Signal modes
Current band crossing: BUY when the previous candle closed below its lower band and the current price is above the current lower band; SELL when the previous candle closed above its upper band and the current price is below the current upper band.
Closed candle: BUY after a completed candle closes below the lower band; SELL after a completed candle closes above the upper band. Each newly closed candle is evaluated once. The previous candle is not replayed at startup.

The EA uses the current chart's symbol and timeframe and checks signals and management every five seconds. Indicator turn arrows are visual information, not the entry trigger.

Bands and basket management
Choose Gaussian-weighted standard-deviation bands or fixed-distance bands. Fixed band distance is identical on both sides and is measured in broker points. At least 500 bars are needed for the indicator calculation.

Additional same-direction trades require another signal, sufficient adverse movement from the latest same-direction entry, and the configured spacing checks. Requested volume increases additively by lotStep. Ordinary entries also check spread, available margin and position limits; requested volumes are adjusted to the symbol's volume limits and step.

BUY and SELL baskets have separate profit targets. With swap adjustment enabled, the target comparison includes floating price profit plus swap, but not commissions. Otherwise exits use the volume-weighted average entry price plus or minus the configured target distance.

Optional hedge management is disabled by default. Its trigger uses ordinary positions' combined floating price profit, excluding swap. The threshold is in account currency. Hedge volume equals total ordinary position volume multiplied by hedgeLotRatio. The hedge has an initial stop loss and can move that stop to its entry price. The simplified hedge direction rule is not a precise net-exposure hedge when both BUY and SELL baskets exist.

Inputs
nweBandwidth: Gaussian weighting bandwidth (default 8.0).
nweSource: applied price (default Close).
nweBandMode: standard deviation or fixed points.
nweFixedBandPoints: distance from the center to each fixed band (default 100 points).
nweBandMultiplier: standard-deviation multiplier (default 2.0); unused in fixed mode.
nweUpColor / nweDownColor / nweBandColor: indicator colors.
signalMode: current crossing or closed-candle signals.
magicNumber: identifies this EA's positions on the current symbol (default 12345).
initialLotSize: initial requested volume (default 0.01).
lotStep: additive volume increment for additional trades (default 0.01).
recoveryDistance: base adverse-movement distance (default 3.6 pips).
distanceMultiplier: increases recovery spacing as the basket lot size grows (default 61).
minPriceDistance: minimum spacing between same-direction entries (default 7.4 pips).
takeProfitDistance: directional basket target distance (default 4.3 pips).
maxSpread: maximum spread for ordinary entries (default 3.0 pips).
maxBuyPositions / maxSellPositions: ordinary position limits per direction (default 50 each).
useSwapAdjustment: include swap in basket targets (default true).
useHedge: enable optional hedge management (default false).
hedgeActivationLoss: ordinary-position floating-loss threshold in account currency (default -5000).
hedgeLotRatio: hedge volume ratio (default 1.0).
hedgeStopLossDistance: initial hedge stop distance (default 50 pips).
hedgeBreakevenPips: hedge profit needed to move its stop to entry (default 20 pips).

Distance units
Trading distances use pips: ten points on three- and five-digit symbols, one point otherwise. Verify the meaning of these distances for your instrument. Fixed band width always uses broker points.

Operating requirements and risk
Use a hedging account. Test settings in Strategy Tester and on a demo account before live use. Recovery trading increases exposure and can produce substantial drawdown. Ordinary positions have no broker-side stop loss or take profit; keep the EA running for basket management. No profit or loss-recovery outcome is guaranteed.

The embedded indicator's chart label remains Nadaraya-Watson. Trade comments may display the legacy text RSI Bands Bot Buy or RSI Bands Bot Sell; the trading signals described here use Gaussian price bands, not RSI.

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Marco Scherer
4.03 (61)
Lizard – Gold EA for XAUUSD | Swing Breakout Expert Advisor for MetaTrader 5 Lizard is a fully automated Gold (XAUUSD) Expert Advisor for MetaTrader 5. It uses a multi-strategy swing breakout system: the EA identifies key swing highs and swing lows on the H1 chart and places pending stop orders (buy stop / sell stop) at calculated entry points. No martingale, no grid, no averaging into losses. Every trade is opened with a defined stop loss and take profit and is managed by a multi-layer exit sys
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Guilherme Jose Mattes
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179.00 USD FOR THE NEXT 48H Janus Zone — Multi-Engine Zone Trading System Live Signal1  (current version) Live Signal2  (monitoring version) User manual No gimmicks, no fake backtests, no overfitting, no grid, no martingale! Janus Zone was built and refined over months of live testing before reaching this listing — currently running on 3 separate live signals for over 2 months, with dozens of internal versions tested, measured and discarded until this one earned its place. Run it on a single c
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Bogdan Ion Puscasu
4.92 (223)
Quantum King EA — Intelligent Power, Refined for Every Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Special Launch Price Live Signal:   CLICK HERE MT4 version : CLICK HERE Quantum King channel:   Click Here ***Buy Quantum King MT5 and you could get Quantum Queen X or Quantum Athena X or Quantum Commander or Quantum Emperor or Quantum Baron or Quantum OmniGold or Quantum StarMan for free !*** Ask in
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Shengzu Zhong
4.14 (7)
Real Trading Account — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra uses the same core trading logic and execution framework as the verified live signal shown above on MQL5. When running the EA with the recommended optimized settings on a reputable ECN/RAW-spread broker ( e.g., TMGM ), its live trading behavior is designed to closely follow the trade structure, risk management, and execution characteristics demonstrated by the live signal. Please note that ind
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William Brandon Autry
5 (10)
AIKON — AUTOMATED TRADING. CONVERSATIONAL CONTROL. AIKON is an AI-powered Expert Advisor (EA) for MetaTrader 5. Once configured and enabled, it can analyze markets, open trades and manage positions automatically within your chosen settings and risk controls. Ask Aikon gives you a direct way to understand and control your trading system—in plain language. Build your setup. Ask why a market did or did not trade. Review your exposure. Prepare changes from your desktop or through Telegram on your ph
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