Banger Bollinger
- Experts
-
Ignacio Agustin Mene Franco
My name is Ignacio, I have more than 5 years of experience in the market, both forex and synthetic indices, I program indicators to provide the user with a better trade! - Versione: 1.0
- Attivazioni: 5
Banger Bollinger v1.0
Automated Trading System for XAU/USD (Gold)
Banger Bollinger is a professional and conservative Expert Advisor (EA) specifically designed to trade the XAU/USD pair on the M5 timeframe. It combines the power of Bollinger Bands with an advanced Volume Profile filter, creating a balanced system for mean reversions and trend breakouts.
Main Strategy
The EA uses two complementary approaches to Bollinger Bands:
Bollinger Bounce: Detects when the price touches or breaks through the bands and returns to the mean, ideal for trend reversals.
Bollinger Breakout: Captures strong moves when the price breaks through the bands with momentum (activated in Turbo Mode).
Both signals are filtered by a dynamic Volume Profile that calculates the Point of Control (POC) and Value Area (VAH/VAL) in real time, significantly increasing the quality of entries by trading only in areas of high institutional interest.
Key Features
Robust and Conservative Risk Management:
Fixed percentage risk mode (0.5% recommended)
Dynamic Stop Loss and Take Profit
Automatic Trailing Stop and Break Even
Daily loss limits, margin control, and total volume control
Maximum of 1 simultaneous open position
Premium Visuals (Ice & Gold Theme):
Elegant dark design with Cyan (bullish) and Gold/Amber (bearish) candlesticks
Real-time dashboard with Balance, Equity, Daily P&L, Win Rate, and Drawdown
Volume Profile drawn directly on the chart
Turbo Mode (optional): Increases trading frequency and multiplies lot size when activated
Security Filters: Maximum spread, trading hours, and high volatility protection. Recommended Configuration
Pair: XAU/USD
Timeframe: M5
Minimum Recommended Capital: $500 USD
Recommended Broker: IC MARKETS
Risk per trade: 0.5% (conservative)
Mode: Slow Mode (Turbo disabled) for greater stability
Stop Loss: 30 pips | Take Profit: 60 pips
System Advantages
High adaptability to the Gold market (high volatility and strong trend)
Excellent risk-reward ratio (minimum 1:1.5)
Advanced drawdown management and account protection
Clean, optimized, and commented code
Fully customizable to the trader's profile
Banger Bollinger v1.0 is designed for traders seeking a serious, disciplined, and professional system, ideal for small to medium-sized accounts looking for sustained growth in the Gold market.
