• Overview
  • Reviews (5)
  • Comments (10)

Bollinger Scalper EA

3.75

The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Not sensitive to spread
  • Always a stop loss in place
  • All you need is a VPS

Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of lots for the first trade in a group. Values from 0.01 to 50.0.
  • LotsPer10K - Number of lots for the first trade in a group per 10000 account balance (Setting to 0 disables). Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • AllowNewTrades - Turn this of to disable new trade groups, true/false.
  • ProfitPerLot - Target profit in account currency per lot. Values from 1.0 to 1000.0.
  • PositionComment - Allows you to set the position comment.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • StopLoss - The fixed stop loss - Values 25 to 200 depending on the pair being traded.
  • BBPeriod - The Bollinger Band period used as entry signal - Values 1 to 40.
  • BBStd - The Bollinger Band standard deviation used as entry signal - Values 1.0 to 3.0.
  • RSIPeriod - The RSI period used as entry signal - Values 1 to 40.
  • RSIThreshold - The RSI threshold used as entry signal - Values 1 to 40.
  • Averaging - If turned on averaging is used to recover negative trades, true/false.
  • AveragingStep - The negative move in pips against the current trade to trigger the next averaging trade. Values 5 to 100.
  • AveragingMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.

Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of RSIPeriod, RSIThreshold, BBPeriod, BBStd,ProfitPerLot  and AveragingStep are needed to find the best results.

Reviews 5
Harry Tallarita
333
Harry Tallarita 2022.08.29 12:16 
 

per ora ottimo. sarebbe utile aggiungere la funzione di salvaguardia del capitale

Logan Van
40
Logan Van 2023.02.03 22:30 
 

Bon robot donne de bon resultat sur audusd et eurusd

Rob0000
114
Rob0000 2022.06.21 14:10 
 

good Ea.Good results .

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Take advantage of the opening volatility of the major stock indexes and profit from the sudden moves created at those times when the market breaks away at the opening bell. The strategies' goal is to simply benefit from those days when the market moves fast and hard in one direction at the open and bank that move. If the market opens weak and directionless, the EA locks in a hedge loss and waits for the market to decide on a direction before exiting the positions. The stock index hedge EA analys
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TopBottomEA
lizhi fu
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Bitte senden Sie eine Nachricht, wenn Sie Probleme mit der Installation und dem EA-Backtesting haben; Sie erhalten einen kostenlosen Band-Trend-Indikator 8 Tage nach dem Kauf. The advantages of TopBottomEA: the first EA to support the work of small capital, real trading for more than 4 years; this EA is based on volatility adaptive mechanism, only one single at a time, each single with a stop loss, an average of about 4 single per day, holding a single length of about 12 hours, using Dukascopy r
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Aura Black Edition
Stanislav Tomilov
4.64 (11)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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Gold Stuff AI
Vasiliy Strukov
5 (14)
New! A combination of a trend indicator and fundamental analysis. The advisor uses the Gold indicator as entry and uses artificial intelligence to analyze macroeconomic data to control trade direction. To enable Exert Advisor to work, check the "Allow WebRequest" option and add "ec.forexprostools.com ", "worldtimeserver.com " to the list of URLs for WebRequest. To do this, open the Tools > Parameters > Advisors. Check the box "Allow web requests for the specified URL:". Add the following: "ec
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Bird mt4
Yvan Musatov
Professional expert   Bird   analyzes the market using a special algorithm. The basic principle is that the bot takes the indicated prices for a certain period of time and calculates the strength and amplitude of the price by comparing it with its own indication system based on the actual data. The moment is fixed when the trend loses strength and reverses, and then the previous series closes and a new one is being prepared. The bot also analyzes its own overbought/oversold signals in its algor
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Microlab Forex  is a trending analytical bot. An expert system based on geometric virtual pattern algorithms specially designed for time series. For this version of the Expert Advisor to work, there is no need to download any indicators or additional products, the bot is an independent finished product. Microlab Forex  is a tool for trading in the foreign exchange market. The minimum recommendation is $1000. While the recommended minimum deposit is between $1,000 and $10,000 for one curre
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The Mars EA
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5 (1)
The Mars is set and forget Grid trading system. Advanced strategy employing multiple independent grid sequences of orders on trading against retail trading logics on the specific liquidity levels. EA is monitoring break of significant levels for inducements to suck retail traders to enter the market, exactly like it's thought in every stupid trading book. Then the EA trades against the retail trades with the targets where the liquidity of their stop losses is placed. If the entry on the liquidi
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Logan Van
40
Logan Van 2023.02.03 22:30 
 

Bon robot donne de bon resultat sur audusd et eurusd

xO8sVpkY
69
xO8sVpkY 2022.11.05 11:40 
 

Backtested using Tick Data Suite conditions and variable spreads.

It is a nan-pinning EA that trades frequently.

The user has to have enough funds to lose all the money at once.

Funds increase with each trade.

Harry Tallarita
333
Harry Tallarita 2022.08.29 12:16 
 

per ora ottimo. sarebbe utile aggiungere la funzione di salvaguardia del capitale

Rob0000
114
Rob0000 2022.06.21 14:10 
 

good Ea.Good results .

John Winsome Munar
3471
John Winsome Munar 2022.05.18 07:15 
 

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