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BB King

BB King EA for MT5

BB King Expert Advisor uses a simple reversal strategy using Bollinger Bands and trend detection.

It is designed to be easily used by newbies with very few parameters.

Please try the demo and leave feedback.You will need to optimize it for the pair you wish to trade.

Minimum deposit: $100 per lot size of 0.01 per currency pair.


Risk Management

There is NO Stop Loss or Take Profit set for each order placed.

Stop Loss and Take Profit are controlled by the Input Variables.

Stop Loss and Take Profit are set in currency value and apply to each order. For example, if you trading account is in USD and Take Profit is set to 10, then any open orders will close when they reach 10 dollars profit. The same applies to Stop Loss. If Stop Loss is set to 10 then any order reaching a loss of 10 dollars will be closed.

Warning: The Magic Number is NOT used for Stop Loss and Take Profit. So, they will apply to all orders on the Terminal whether placed manually or by another chart or EA.


Input Variables

Version

Current version

Max Spread

Max spread in pips

Bollinger Bands Period

Bollinger Bands Period

Bollinger Bands Deviation

Bollinger Bands Deviation

Fast MA period

Used to detect trend (Fast MA > Slow MA = UP Trend)

Slow MA period

Used to detect trend (Slow MA > Fast MA = DOWN Trend)

Lot Size

Lot Size

Timeframe Bollinger Band

Timeframe to use for Bollinger Bands

Timeframe MA

Timeframe to use for MA

Magic Number

Magic Number

Order Take Profit

The value in Currency for Take Profit (applies to each order)

Order Stop Loss

The value in Currency for Stop Loss (applies to each order)

 

 

 

Disclaimer:

Please do your own back testing.

Forex trading is a very risky form of trading. Only trade with money you can afford to lose completely.

 


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Vasiliy Kolesov
Mr Martin MT5   EA Mr.Martin   MT5  is a fully automated Expert Advisor that is designed for quiet, investment trading over a long period of time.  The Expert Advisor uses in its strategy the principles of averaging unprofitable positions, but due to the unique input system, several filters, and the deposit protection system, expressed in the   SL_percent_balans   parameter, is completely safe for your deposit. T he default settings are optimized to work on EURUSD M1  GMT+2  and can be used i
1 200 USD
Gold Dragon mt5
Gold Dragon mt5
Evgenii Aksenov
Monitoring real deals:  G old Dragon EA      Gold Dragon+ Gold EAgle Buying this Expert Advisor you get personal gift! Details in the DM Price will be kept high to lower the number of users for this system! Gold Dragon MT4  created for  Gold (XAUUSD) H1  trading. By measuring the power of the trend of Daily candles Expert Advisor trades only according to the trend You will need at least one month to objectively assess it in full. The robot may not open transactions for several days waiting fo
1 250 USD
GridMartin Conqueror MT5
GridMartin Conqueror MT5
Konstantin Kulikov
The best sets for currency pairs: GBPUSD, GBPCAD, EURJPY (timeframe М1). Download sets in comment   #17:  https://www.mql5.com/en/market/product/64329#!tab=comments&page=1&comment=24553757 Monitoring:  https://www.mql5.com/en/signals/author/test-standart   Pay attention to the useful information in my profile:   https://www.mql5.com/en/users/test-standart Version for MT4:  https://www.mql5.com/en/market/product/32758 Highlights to pay attention to During live operation of the expert the G
197 USD
PS Scalper EA MT5
PS Scalper EA MT5
Miguel Angel Vico Alba
Live performance (Signal):   https://www.mql5.com/en/signals/1154814 Group chat (Pathfinder Systems):  Private. Once you buy the EA you will be invited. Scalper based on the EURUSD pair. Only one trade per signal. All trades incorporate TakeProfit, StopLoss and Trailing Stop. New pairs will be added in future updates. Features EURUSD scalper. Only one trade per signal. All trades incorporate TakeProfit, StopLoss and Trailing Stop. Multiple strategies and filters. Automatic GMT time adjustment.
199 USD
Wild Side MT5
Wild Side MT5
Marat Baiburin
Live monitoring of the Wild Side  https://www.mql5.com/ru/signals/962021 Demo monitoring of the Wild Side  https://www.mql5.com/ru/signals/956622 To correctly determine the trading time, you need to specify the broker's winter GMT time. you can read how to do this in my post:  https://www.mql5.com/ru/blogs/post/743531 Wild Side  is a fully automatic expert Advisor for trading on the night Forex market.   It does not use martingale, grid, or other "toxic" methods. Each trade is accompanied by
149 USD
SIEA Max
SIEA Max
Daniel Stein
The keys to success in trading Forex are discipline, patience and a clear edge, as we have with our unique real trading volume analysis. That's our experience of 10 years of trading Forex, and all these key factors are summarized in the Stein I nvestments Expert Advisor (SIEA) series. SIEA MAX   provides a balanced risk-reward ratio and survives all market circumstances easily - even the most critical ones like Corona, Brexit, etc. The system's patience and discipline are rewarded with great
999 USD
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Version 1.4 2021.01.09
added more input variable for more strategy options
Version 1.3 2020.10.12
fix bug in display panel
Version 1.2 2020.10.12
added Max spread input variable
new display panel
improved logic for trend detection