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CAP Bollinger Bands EA

3.89

MeetAlgo Bollinger Bands EA trades using the Bollinger Bands Indicator. It offers many customizable Bollinger Bands trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide Submit Your Problem | FAQ | All Products ]

  • Easy to use and customizable Bollinger Bands setting.
  • Enable Grid trading.
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Implements a martingale features
  • Customizable indicator settings
  • Filter trading by forex sessions
  • Built-in money management
  • Built-in news filter. EA automatic download news data from news website.

The EA implements the following entry strategies, that can be enabled or disabled at will:

  • Trade when the Price touch upper or lower level

Four different trading behaviors are available in the EA inputs:

  • Both Side (Long and Short): The EA will buy at price touch lower band and sell at price touch upper band both trade
  • Any Single Side: Open any one trade which signal come first (Buy or Sell)
  • Long Side Only: The EA will buy at bullish signals and disregard bearish signals
  • Short Side Only: The EA will sell at bearish signals and disregard bullish signals

Additionally, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will increase or decrease depend on account balance increase or decrease
  • Martingale: The EA will double the lotsize after a losing trade


Input Parameters

For a complete description of the input parameters of the EA, kindly read the user guide.


Do You Want Bollinger EA With More Advanced Strategy?

This is strategy builder EA. It product has more then 34+ build in indicator with Bollinger that you can make more then 1 million combination strategy that boost you trading strategy with an incredible amount of functionality. So you can test your strategy easy way without knowledge of coding. MT4 Version here | MT5 Version here.


Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.


Custom Development

If you want personal custom development of this product. For Details to with us.


    Author

    Mohammad Ali, technical analyst and speculator, software engineer and founder of MeetAlgo LLC.‌


    Reviews 11
    Synclay
    280
    Synclay 2021.02.12 06:47 
     

    good

    Recep Apaydin
    587
    Recep Apaydin 2020.12.22 16:44 
     

    I optimized it with some settings. It works on my real account. Hurry before you get paid. You did a good job. Congratulations Mohammad

    0868985792
    21
    0868985792 2020.08.28 09:11 
     

    Thanks for the author

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    Filter:
    Patrick Boris Labeau
    367
    Patrick Boris Labeau 2021.08.31 03:54 
     

    jz suis fier d'utiliser des EAs de CAP , bon developpement

    Lovely Khan
    86
    Lovely Khan 2021.05.17 20:08 
     

    this ea worked only on wasting time this ea not for forex trading this ea for eating times and brains

    Coralinfusion
    26
    Coralinfusion 2021.04.10 16:59 
     

    Good enough

    ANDREI KARALIOU
    283
    ANDREI KARALIOU 2021.03.07 13:37 
     

    I've tried everything with words and without words. Drains

    Synclay
    280
    Synclay 2021.02.12 06:47 
     

    good

    Mauricio Ximenez
    364
    Mauricio Ximenez 2021.02.02 22:30 
     

    Is not working form me, on mt4 or mt5 and on two diferent brokers! Is there any limitation ?

    Recep Apaydin
    587
    Recep Apaydin 2020.12.22 16:44 
     

    I optimized it with some settings. It works on my real account. Hurry before you get paid. You did a good job. Congratulations Mohammad

    0868985792
    21
    0868985792 2020.08.28 09:11 
     

    Thanks for the author

    masa320trader
    63
    masa320trader 2020.04.03 15:51 
     

    I give Mohamed 5 star for extra mile support.

    THOMAS RAY GURCHIEK
    183
    THOMAS RAY GURCHIEK 2020.04.01 17:04 
     

    Really like this strategy. Works really well even out of the box with default settings. The only thing that I adjust is the Aus/Asian session. I actually turn the EA off right before the end of the New York session. Then depending on what news is scheduled for Europe I'll turn it back on around 10pm EST. I've only had to intervene twice and one of them was a spread issue.

    Was never a fan of some grid strategies on the market, but being a programmer myself this one actually made sense.

    philippe germain
    2517
    philippe germain 2019.10.09 11:02 
     

    User didn't leave any comment to the rating

    Reply to review
    Version 4.0 2022.03.08
    UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
    FIXED BUGS: Max Daily Trade (Per Pair) can't work properly
    FIXED BUGS: News filters
    Version 3.0 2021.03.13
    Product Update Info
    FIXED BUGS: Open Trade After Reset not working properly
    Major internal coding update
    Version 2.20 2020.07.17
    Bugs Fixed
    ---->Fixed trailing not work in previous version
    Version 2.10 2020.07.07
    --->Minor Updated
    Version 2.0 2019.12.30
    -->Minor Update, Improve some coding.
    -->Nothing Change on trading logic and function