BoliBan AUDUSD
The Expert Advisor is based on a strategy that is built using the Bollinger Bands indicator. Based on the price position for each of the Bollinger Bands, corresponding micro-trends are constructed with certain extremes (maximum/minimum). Entry into the position, trailing and closing of the position are regulated by the conditions for changing directions above the indicated micro-trends and updating their extremes. In addition, after entering the position, fixed "stop loss" and "take profit" levels are established. The EA features the elementary money-management. Trade is conducted only by a fixed lot (specified in the EA's settings). At the same time, only one position can be opened.
Options
- Position_Volume - volume (number of lots) to open a position.
The system is fully configured and optimized for trading on AUDUSD M15. It is strongly recommended to use only this symbol and period!