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CAP Bollinger Bands EA MT5

3.83

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 Capilta Business Solutions.‌


    Reviews 7
    Rio Barata
    39
    Rio Barata 2021.10.24 08:45 
     

    some adjustment to the setting like initial trade type, grid gaps, and take profit pips and also better with around 500USD balance at least if you want to play with 0.1 lot size.

    mfkq2000
    59
    mfkq2000 2020.06.17 16:11 
     

    Excellent EA and look promising I give it 5 star

    anlesa
    124
    anlesa 2022.08.04 17:13 
     

    I have tested EA Cap Bollinger in a demo account with US$ 10,00 in the period 07.01.22 to 08.01.22 with default setup at: - M5 = net profit US$ 26,27 = Drawdown 56%

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    Filter:
    anlesa
    124
    anlesa 2022.08.04 17:13 
     

    I have tested EA Cap Bollinger in a demo account with US$ 10,00 in the period 07.01.22 to 08.01.22 with default setup at: - M5 = net profit US$ 26,27 = Drawdown 56%

    Rio Barata
    39
    Rio Barata 2021.10.24 08:45 
     

    some adjustment to the setting like initial trade type, grid gaps, and take profit pips and also better with around 500USD balance at least if you want to play with 0.1 lot size.

    Horst Karl Walter Wendt
    207
    Horst Karl Walter Wendt 2020.11.13 05:21 
     

    What use is a consultant to me if the developer is not interested in helping his customers or keeping them in contact?

    Ekbodin Pasopon
    127
    Ekbodin Pasopon 2020.07.07 11:30 
     

    Very Good

    mfkq2000
    59
    mfkq2000 2020.06.17 16:11 
     

    Excellent EA and look promising I give it 5 star

    Valerii Gabitov
    17743
    Valerii Gabitov 2020.05.13 12:11 
     

    User didn't leave any comment to the rating

    harlei60
    24
    harlei60 2019.11.29 14:54 
     

    you did a very good job, thank you for the work.

    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 bugs trailing not work in previous version
    Version 2.10 2020.07.07
    --->Minor Update
    Version 2.0 2019.12.30
    -->Minor Update, Improve some coding.
    -->Nothing Change on trading logic and function