Bollinger Bands Hedging Recovery PRO
Bollinger Band Mean Reversion Recovery Pro EA uses advanced trading method of Layering Technique using Multiple standard deviations of Bollinger Bands. This EA recovers loss from Previous traded position by lot size multiplication and identifying possible reversal trade based on Bollinger bad distance.This EA will identify the possible Long and Short Signals Using Bollinger Band Lower and Upper Bands. Once this EA Opens Position and It takes control of opened trade and Starts Martingale rule. If Price Goes in your favour in first order it looks for another entry Position. If your order goes against your favour it will start opening recovery orders until it successfully recover your loss. Unless Other Hedging and Grid Strategies it is not using blind entry into market. So that the probability of risk is minimized.
- · 60% of times price keeps inside 2 std deviation Bollinger Band. So Minimum Win rate if we use Bollinger band is 60% unlike other blind hedging strategies.
- · Bollinger bands will strategy is triggered while market in trending condition. Most of the money is trader makes on trending market. Most of the money trader loses at raging markets.
- · This EA recovers loss incurred by remaining 40% of Losing trades by martingale and Layering techniques so that all the loss incurred will be recovered by this EA. At the end of the one EA cycle the It recovers all the previous losses by Martingale .
- · Simple EA with Simple inputs. Not really need to understand complicated things.
- · Genuine User Manual, Rules, Instructions from Author like when to start the EA, How to Run, How to Exit the EA, Requirements to success in this EA.
- · EA’s uses stop loss while executing every order. If any problem in network or System the risk of losing account is minimized.
- · Silent behaviour, EA Provide Alert only if something goes wrong. Rest of the time it is silent.
- · EA suitable in Lower time frames than Higher time frame. 1Min time frame tested perfect.
- · EA is suitable for Raw Spread and Fixed Spread Accounts. It will close positions very shortly , So SWAP Charges will not be there if you use Lower Time Frame.
This is a genuine con’s of this EA,
- · Minimum Account Balance has to be 1500 USD and Above. Please do run buy this EA if not. You can try lower balances in demo accounts.
- · Should not be run on major news release. This EA has safety systems also to safeguard you from unexpected changes in market. It Fixes stop loss based on the current momentum of the market so that the EA don’t enter too many trades if market crash occurs. So Pls don’t use this EA on Major Currency news release .
Factor to multiply the volume for the recovery order from Initial Volume
Initial Volume (Default) = 0.01 (Default)
Volume factor = 2.4 (Default)
Volume factor2 = 1.8 (Default) (This is the multiplying factor when the EA lot crosses 2.0 LOTS - Too high and Too low value increases the risk)
Volume factor3 = 1.7 (Default) ( This is the multiplying factor when the EA lot crosses 3.5 LOTS - Too high and Too low value increases the risk)
allowedperiodinmin = 100 (Default) (But Strongly recommend 5,Pls change 5 while starting the EA)(Not recommended to Use this EA more than 5 Min Time Frames)
Recovery 1 volume Round by 2 digits = 0.01 * 2.5 = 0.03 Lots.
Recovery 2 volume Round by 2 digits = 0.03 * 2.5 = 0.08 Lots.
Recovery 3 volume Round by 2 digits = 0.08 * 2.5 = 0.20 Lots.
Please keep Minimum of 2.1 and Maximum of 2.5 (Recommended). Do not increase more than this without knowing its risk factor.
EA will generate Magic number based on Symbol. But Running EA on Multiple symbols at the same time not recommended due to risk involved. You can refer the screenshot for the recommended number of symbols can be run simultaneously.
Extra Up gradations.
Upgraded User Manual and Alerts at Startups.