Band Trading Automation
- Experts
- Emmanuel Lovski Ijeawele Maduagwuna
- Versione: 3.24
- Attivazioni: 10
Band Trading EA – A Hedging Expert Advisor for Volatile Markets
The Band Trading EA is a hedging expert advisor that can be used alongside external machine learning forecasts (such as LSTM and SARIMA) to trade live forex markets. It capitalizes on the CFD nature of forex trading by opening hedged positions the moment price escapes its calculated band, aiming for profitability regardless of direction while managing risk.
By continuously recalibrating the band using historical volatility, the EA adapts to fast‑moving instruments like XAUUSD, BTCUSD, and major forex pairs. Its hedging logic means that once the market moves beyond the gap, one leg of the hedge aims to lock in profit while the other is managed with tight trailing stops.
How to Use
1. Attach the Band Trading EA to any chart (Forex, Crypto, or CFD) with the desired symbol and timeframe.
Recommended settings: Optimized to work on any time frame.
2. The EA will automatically draw the upper and lower bands on the chart, annotated with price levels and the current “Band Gap”.
3. It will then monitor price action. When the price closes outside the band, a hedge trade is triggered: a buy and a sell position are opened simultaneously. The EA can be configured to give more weight to one side based on external forecast inputs (e.g., from LSTM or SARIMA models), but the hedge ensures that risk is managed as the move continues.
4. The EA manages the hedge by progressively trailing the losing position and taking profit on the winning one, eventually closing both when the momentum subsides or a new band is formed.
5. External forecast signals can be fed into the EA via custom inputs or indicators to influence trade direction bias.
Important Notes: Ensure your broker allows hedging (CFD accounts typically do). For optimal performance, use a VPS with low latency. The EA works best on instruments with clear trending characteristics and adequate volatility. LSTM and SARIMA models are not built-in and must be provided externally.
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