MAGIC Bollinger Basket

MAGIC Bollinger Basket


Tired of loosing?

Here comes the solution.

An EASY to use like the ABC fully automated EA.


The MAGIC Bollinger Basket EA is a fully automated Expert Advisor with the use of a martingale system as an option.

The Bollinger Band and the RSI indicator are used for entries. 


The advantage of a Basket Trader, is the function to calculate for all open trades of the same symbol and the same direction a break even point. 

From there the defined TakeProfit will start. It is like trading 1-2-3-4-5, you name it, open Positions as one single Position.

The potential of a Basket Trader is enormous. 


Example: long, TP 25 pips

EURUSD first trade at 1.125 => TP at 1.1275 trade is going in the wrong direction, but don't worry.

EURUSD second trade at 1.12, 

here the basket function starts working and calculate for both trades the following:

Break even 1.1225 => TP at 1.125



This is an EA which you set up and forget about. Let the robot do its job.


General Recommendations

Default settings recommend for EURUSD M15.


Input parameters

The product works all Forex pairs. Specify values in pips and it will automatically recalculate everything nevertheless what digit broker you are using.


You can use 3 risk levels:

1) A for Aggressive Trading Mode which includes the Mrtingale Function (the multipli will be defined by you) 

2) B for Balanced Trading Mode. The Position size quals the open position number. Trade 1 you start with 0.01 lot, means that Position 2 will have the size of 0.02 lot

3) C for the Conservative Trading Mode. You will define a Position size which will not change. All Poitions will open with the defined size.


Money Management:

you can choose between Trading Modes A, B or C.

  1. A_Aggressive Mode, B_Balance Mode, C_Conservative mode 
  2. Stopploss the standard is set to 250, to allow the Basket Trader to do his work
  3. Takeprofit the standard is se to 25
  4. Calculator for Martingale the standard is set to 25 % Trail. This results in a Multiplier for the next Martingale position of 3.
  5. Number of Max allowed trades at the same time. Standard set on 5


Bollinger Band setting:

you can choose and change the Bollinger Band Period and Deviaton. Standard is set to 20 and 2.


RSI setting:

You can choose and change the RSI Period, the High and Low Level. Standard is set to Period = 14; High = 85 and Low = 15. These settings showed the best result in EURUSD M15.


Extras:

  1. Show comment the standard is set to true. You should deactivate it when runnig the tester. In the live version it is quite usefule as it is showing:
  2. Total open buy order
  3. Total open buy lots
  4. Break Even of buys
  5. Total open sell orders
  6. Total open buy lots
  7. Break Even of sells
  8. Account balance
  9. Number of Max allowed trades 
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SomaOil is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for WTI crude oil (XTIUSD). One chart, one EA, 20 independent strategies running together as a single diversified portfolio. Live Signal. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD (48 hours) Starting from Monday the price increases by 100 USD for every 10 copies sold Price increases happen at most once per day, even when more than 10 copies are sold t
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Chen Jia Qi
4.49 (59)
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Gold House — Gold Swing Breakout Trading  One EA. Three Trading Modes. Choose the One That Fits Your Style. No Grid. No Martingale. The price will increase by $50 after every 10 purchases. Final planned price: $1,999. Live Signals:  Profit Priority Mode： https://www.mql5.com/en/signals/2359124 BE priority Mode :  https://www.mql5.com/en/signals/2372604 Adaptive Mode:   https://www.mql5.com/en/signals/2379287  (High-Risk Configuration Reference – Potential profits and losses are amplified. N
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5 (14)
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Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
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MQL TOOLS SL
4.3 (111)
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The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
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Rob Josephus Maria Janssen
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Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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Gennady Sergienko
Experts
Important information: Support and answers to questions are available only here:  https://www.mql5.com/en/users/zolia  ( Zolia - UTC/GMT: Taiwan ); Zoomini is a small set of machine-learning models from the latest GoGoPips project research from July 2026. These models are intended only for XAUUSD H1 / Gold . Signal: www.mql5.com/en/signals/2381994 Important things to know: The models trade with only one order using equal SL/TP. Netting accounts and any leverage are supported. Large deposi
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