Master Bollinger Extended

This Expert Advisor is an improved version of Master Bollinger Bands and has more settings; it can set stop loss per parabolic. Added parameters to improve optimization (for example, to discard profitable settings, but with a small number of transactions).

Like the regular version, the adviser can close positions by a return signal, take profit and stop loss, set the transaction to breakeven when it reaches the center line of Bollinger or at a given value. It can use up to 3 Bollinger indicators and a filter by moving average indicators (described in more detail in the main version).

Input parameters

  • Lots - lot size (with Lots = 0, the lot volume will be calculated from the percentage of available funds in the account);
  • Percentage of free money - percentage of free funds to open each new transaction (works when Lots = 0);
  • MaxSpread - the maximum spread for opening a transaction (for accounts with a floating spread, so that the transaction opens when the spread is not too large);
  • Magic - a unique identifier (it is necessary to make it different if several expert advisors are running in the same terminal);
  • StopLoss - stop loss (in points);
  • TakeProfit - take profit (in points);
  • Stop to breakeven after - set the stop loss to breakeven after passing the specified number of points;
  • EnableAutoClose - automatic closing of orders upon a return signal;
  • TrailingStopValue - value of the trailing stop in points (distance from the current price of the currency pair), if set to = 0, the usual trailing stop is not used;
  • StopToParabolicStep - trailing stop on a parabolic (step indicator Parabolic SAR, 0 - off);
  • BollingerPeriod - period of the Bollinger bands indicator;
  • BollingerDeviations - deviations of the Bollinger bands indicator;
  • Bollinger2Enable - enable / disable the second Bollinger bands indicator;
  • Bollinger2Period - period of the second Bollinger bands indicator;
  • Bollinger2Deviations - deviations of the second Bollinger bands indicator (this parameter should be less than deviations of the first indicator and may even be negative);
  • BreakevenAfterTouchCenter - enable / disable the transfer of a transaction to breakeven when the price touches the center line of Bollinger bands;
  • OtherLinesFilter - if the price touches several lines of the main Bollinger bands indicator at once, the deal does not open;
  • Bollinger3Timeframe - timeframe of the third Bollinger bands indicator (if you do not need to use it, set the current timeframe);
  • Bollinger3Period - period of the third Bollinger bands indicator;
  • Bollinger3Deviations - deviations of the third Bollinger bands indicator;
  • MAFilterStartPeriod - the initial period of the Moving average indicators (if this value = 0, then this filter is not used);
  • MAFilterCount - the number of indicators Moving average;
  • MAFilterIncrease - increase in the period of each indicator Moving average;
  • MAFilterMaxShift - maximum shift to get many filter values ​​(0 - do not use, values ​​not more than 100 are desirable);
  • MAFilterMinimumValue - the minimum value of the sum of all filter signals to open deals (0 - do not use);
  • AdxPeriod - period of the ADX indicator;
  • MinAdxLevel - minimum level of the ADX indicator;
  • MaxAdxLevel - maximum level of the ADX indicator;
  • Trading start hour - hour to start trading;
  • Trading end hour - hour of the end of trading;
  • IncLotAfterProfit - increase the lot after a profitable close of the previous transaction;
  • DecLotAfterLoss - decrease the lot after a loss-making close of the previous transaction;
  • CommentToOrders - comment on deals;
  • ShowInfo - enable the display of information;
  • ShowHints - enable the display of useful tips when placing the adviser on the chart and after editing its settings;
  • FastOptimizationParameter - parameter for accelerating optimization (0-10), in real trading use 0 or 1;
  • CntHoursForVerificationOrder - at least 1 transaction must be completed within this number of hours (it is only necessary to improve optimization in order to immediately discard parameters that are not suitable for the number of transactions), 0 - do not use this parameter and the next 2 parameters;
  • ProfitToLossRatio - the number of profit for losses (for optimization), 0 - off;
  • MaxAllowableLoss - maximum loss, 0 - off.


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Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
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Alexander Nikolaev
The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lot
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