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CAP Bollinger Bands EA Pro MT5

MeetAlgo Bollinger Bands EA Pro 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


For Free Version is here  MT4  |  MT5


Input Parameters

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


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.‌


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    Version 4.1 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 4.0 2022.01.02
    --->Minor Update