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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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MORE THAN 4 YEARS OF LIVE TRADE RESULTS ALREADY   ->  https://www.mql5.com/en/signals/413850 NEW PROMO:   ONLY 1 COPY LEFT AT 299$ PRICE AFTER PROMO: 599$ New: choose 1 EA as bonus! (limited to 2 trade accounts) !! READ SETUP GUIDE BEFORE RUNNING THE EA !!    ->  https://www.mql5.com/en/blogs/post/705899 Other Live results: - high risk ->  https://www.mql5.com/en/signals/1014766 - low risk ->   https://www.mql5.com/en/signals/701905 Advanced Scalper is a professional trading robot that ha
299 USD
The Au Gold Expert Advisor includes a Logarithmic Spiral of cycles. For the purposes of Forex trading, weekly cycles are of most interest. This cycle is the equivalent of an intermediate trend and allows you to determine on which side of the market you should open a position. For a more accurate determination of the open positions, the advisor Au Gold uses the ten-day cycle alpha and beta, as well as the analysis of Eliot Waves and the mathematical basis of Fibonacci numbers. All of this allows
799 USD
Night Hunter Pro MT5
Valeriia Mishchenko
4.72 (32)
EA has a   live track record   with many months of stable trading with  low drawdown: Best Pairs (default settings) High-risk   performance Only  9  copies   of the EA left  at $1500! Next price --> $1700 Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth. It is a professional tool developed b
1 500 USD
VR Lollipop Advisor es una estrategia de negociación automática desarrollada para operar en los movimientos de tendencia de cualquier instrumento financiero. La tarea principal del asesor es acumular posiciones protegidas por un Stop loss rentable en la dirección del movimiento del precio y en la dirección de la tendencia. A continuación, en la página, verá imágenes y videos que muestran el trabajo del asesor. Para recibir un set de archivos, instrucciones, una buena bonificación escríbame El
90 USD
Project Gryphon is a fully automatic trading expert for the Forex market, which implements a medium-term trading strategy based on the theory of wave movement of the market Expert Advisor does not use martingale, grid, averaging, scalping The advisor is based on the application of wave analysis to historical data and search for waves predicting the change of the local trend in the future. The Expert Advisor builds a five-period prognostic model for finding the change of trend. Each of periods ha
325 USD
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Versión 1.4 2021.01.09
added more input variable for more strategy options
Versión 1.3 2020.10.12
fix bug in display panel
Versión 1.2 2020.10.12
added Max spread input variable
new display panel
improved logic for trend detection