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Bollinger Band Scalper

Bollinger Band Scalper EA

This EA opens trades when the price hits and bounces off the Bollinger Bands, it closes the trade when it reaches the opposite Bollinger band or if the price reverses into the trailing stoploss. Posisitions are sized dynamically depending on the user's account balance.

The EA waits for the price to cross the Bollinger Band and then opens a market order at a set percentage of the bandwidth from the band chosen by the user. The position is sized a percentage of the user's account balance. The takeprofit is set to the opposite band and is updated with every new bar. A trailing stoploss is used at a set percentage of the bandwidth from the high or low point reached by the price, depending on whether the open trade is long or short. The bandwidth percentage used  by the stoploss is chosen by the user.


BandPeriod - Bollinger Band Period

BandDeviation - Bollinger Band Deviation

RiskPercent - Percentage of account balance to risk on a single trade

EAMagicNumber - Must be different from all other active EAs

OpenAtPerc - Percentage of bandwidth from outer band to set price for market orders

StopLossAtPerc - Percentage of bandwidth to set trailing stoploss

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R FACTOR Multi Strategy Expert Advisor with Proprietary Dynamic Portfolio Management System After 4 years of development and more than  3  years of real positive results  and 8 months after the MT4 version, here comes its MT5 version! It has always been important for us that the strategies performed positively for the creator before it could be shared.  Skin In The Game  is essential to demonstrate the belief in the strategy and also to provide a continuous improvement of it. Anyone who has
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The Expert Advisor trades on the signals of the Trend Line PRO indicator Important! After buying Trend Line EA, contact me to get personal invitation in the INFINITY support chat Orders are managed automatically. The EA has a Recovery function that increases the order size if the previous trade was closed with a loss. You can use from 1 to 3 orders at the same time. The Expert Advisor fully complies with the indicator signals and FIFO rules, does not use the grid function, which allows you to st
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Version 1.10 2021.10.06
Updated volume and price limits