The King Hedge EA MT5

Trade Bollinger Bands combining Trend, RSI, MACD

1. Trend trading combining the Bollinger and MACD bands is done in the following sequence:
- Use MACD to identify trends
- Determine the potential entry point by re-checking the MA 20 of the price to see if it is in line with the trend.

2. Trade Trends with Bollinger Bands
- The mid-line of bollinger bands is simply a moving average of 20 SMA20 periods, known as the Bollinger Bands' average line.
- The bottom line is, when the market is in a strong trend, this Middle Band will act as a "value zone". That means that when the price approaches this line, it's your chance to BUY (or SELL) on trend.

3. Bollinger Bands and RSI
- Once you know the trend, know the value zones to trade with BB, so how do you know if the trend will continue or is coming to an end? How do you know if the trend is strong or weak?
- At this point, the RSI will work. Combine BB with RSI divergation. (Similarly, you can also combine with MACD divergence.)
- Combined with the diverging search, when the price is in the lower BB Range, buy when an up diverging divergation appears. In contrast, SELL when the price is in the upper BB Range and appears diverging diverging.

4. Conclusions
- Bollinger Bands helps you determine when the price is "cheap" and when it is "expensive".
- In the uptrend, you can consider buying when the price approaches the lower BB Range.
- In downtrend, you can consider selling when the price approaches the UPPER BB Range.
- When BB shrinks, there is a signal that a breakout is imminent.
- You can use the MA20 as a value zone when the market is trending.
- Combining RSI, MACD, support, resistance, candlestick pattern... to increase the probability of reversal.
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Built For Prop-Firm Challenges On Gold (XAUUSD) Simple  Plug & Play Setup No Risky Martingale/Grid Live Signal  |  FTMO Results  |  Public Community WARNING : Very few copies left at current price! Final price: $990 The Strategy Prop Firm Gold EA is a multi-strategy trading system designed specifically for Gold (XAUUSD) on the MT5 platform. The system combines multiple logics, using breakout-based concepts to capture the dominant intraday direction, together with intraday price patterns. This
PrizmaL Gravity
Vladimir Lekhovitser
5 (1)
Live Trading Signal Public real-time monitoring of trading activity: https://www.mql5.com/en/signals/2364406 Official Information Seller profile Official channel User Manual Setup instructions and usage guidelines: View user manual PrizmaL Gravity represents a new generation Expert Advisor developed through neural network training within a structured simplified scalping environment. The system was trained on historical market data spanning from 2020 to nearly the present time, allowing
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Gold Miner MT4
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Risk Control Utility MT4   designed for manual trading. It helps to calculate and control your risks, transfer transactions to breakeven and accompany positions with trailing stop. Easy to set up and use. It can be used for calculating a trading lot, calculating stop loss and take profit levels. Works with currency pairs, CFDs, stocks, indices, futures, cryptocurrencies Displays   volume,   potential loss and profit before   placing an order Ability to set the expiration time of a pending order
StopLoss and TakeProfit Utility MT4 for automatic setting of stop loss and take profit levels. Created by a professional trader for traders.   The utility   works with any market orders opened by a trader manually or using advisors. Can filter trades by magic number. The utility can work with any number of orders simultaneously. WHAT THE UTILITY CAN DO: Set virtual stop loss and take profit from 1 pip Real   stop loss and take profit W ork with each order separately (   stop loss and take prof
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Blue Dollar EA
Nguyen Nghiem Duy
Blue Dollar EA is based on a multifunctional template and is designed for intraday trading with all major currency pairs on any timeframe. The strategy is based on analysis of price action within the daily volatility range for a given period. The EA has a vast set of features - it can be configured for any trading style, which makes it not just a trading robot, but a multifunctional flexible designer. The EA applies order placement levels, stop loss, take profit and trailing stop levels invisibl
Red Dollar EA
Nguyen Nghiem Duy
Red Dollar EA is a non-standard Expert Advisor, which can't be attributed to any particular type. It adjusts to the current market situation. The EA uses time and price information, trades using pending orders. The number of trades can differ from a few deals per month, up to dozens a week, it all depends on the current market conditions, settings, and the number of financial instruments traded. VPS is required for stable operation, minimum deposit is 1,000$ of the base currency. Timeframe does
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