Scalper BollingerBands

1

How does the name say, this EA is a Scalper using Bollinger Bands reversal strategy. This strategy is based on the fact that, using a standard deviation of 2 for Bollinger Bands, about 95% of price moves have occurred recently are contained within the bands.

This EA is working with 1 currency pair at a time, but you can activate it on multiple currencies using a different Magic Number. This scalper works the best on ranging market pairs like GBPCAD, EURCHF, EURGBP, GBPNZD, NZDAUD, CADCHF etc. Being a scalper, I recommend using it on low timeframes and the best I found is M15. It opens only 1 trade on every currency at a time.

The proper trading environment for this EA I found to be during the Asian trading session because of it's low volatility and less number of news. You can set the trading hours of the EA in the settings based on your broker time zone.

Each trade is opened with Stop Loss and Take Profit, so your capital is protected, but it may close the trades manually when the signal is triggered.

The trading robot is highly reliable, as it has been developed considering trading on a real account. The money-management system allows you to set the risk manually from the initial settings of the EA (e.g. 10% of your deposit for each transaction).

The biggest enemy of this scalper is powerful trending move. I recommend to deactivate it when the market is waiting for important news or bank decisions. 


IMPORTANT INPUTS TO UNDERSTAND

Each input is described in the inputs section. Here you can find some important details for them.

INPUT_MAGIC_NUMBER -- The magic number you have to set for each instance of the EA (DIFFERENT FOR EACH PAIR)

SL_RATE -- This EA uses a dynamic Stop Loss based on the distance from the outer bands to mid band. The bigger SL_RATE is, the wider SL will be.

MAX SL IN POINTS -- This variable limits the wideness of SL. During a volatile market, if the SL should be placed at a distance bigger than the points specified in this MAX SL IN POINTS, the EA will place the SL at this maximum distance. This setting will protect your capital from taking a not assumed loss.

MIN HOUR TO TRADE -- The hour at the EA should start trading.

MAX HOUR TO TRADE -- The hour at the EA should stop trading.


In the SCREENSHOTS section, you may find some trading reports. Also, in those reports you may find the settings I'm using in different currency pairs.

You may find some inputs in the presentation video, too.

I WISH YOU BIG PROFITS!

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FOREX MEGA SALE! 50% OFF! Buy WallStreet GOLD Trader with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! WallStreet GOLD Trader Live Results:  https://www.mql5.com/en/signals/2389404 WallStreet GOLD Trader is a professional Expert Advisor designed specifically for trading Gold (XAUUSD) . Its trading concept is based on the core principles behind the WallStreet trading technology — a straightforward but powerful approach focused o
IL MERCATO CAMBIA. EUR MACHINE PRO CAMBIA CON LUI. Non una sola strategia per ogni situazione. Non un solo segnale. Non un unico insieme fisso di regole. EUR MACHINE PRO determina prima quale tipo di mercato si trova davanti e solo dopo decide quale logica di trading utilizzare. Range? Trend? Mercato tranquillo? Alta volatilità? Condizioni di mercato diverse attivano modelli diversi, condizioni di ingresso diverse e una gestione della posizione diversa. È proprio questo che manca a molti Expert
XGen Scalper MT4
Burak Baltaci
3 (2)
XGen Scalper MT4 - Sistema di trading automatico professionale XGen Scalper è un Expert Advisor all'avanguardia che combina un'analisi tecnica comprovata con una struttura algoritmica avanzata per offrire risultati coerenti su tutti i mercati. Questo potente sistema di trading funziona senza problemi su coppie forex, metalli preziosi come oro e argento, criptovalute e indici delle materie prime. Tecnologia algoritmica avanzata L'algoritmo di scansione delle onde brevettato elabora i dati di
Exp TickSniper
Vladislav Andruschenko
3.97 (30)
TickSniper per MetaTrader 4 — scalper ad alta velocità con adattamento automatico dei parametri Un Expert Advisor completamente automatico, progettato per adattare i propri parametri operativi a ogni coppia di valute senza richiedere configurazioni manuali complesse. TickSniper per MetaTrader 4 è stato creato per i trader che desiderano un sistema veloce, intelligente e praticamente pronto all’uso, senza perdere tempo nell’ottimizzazione manuale di decine di impostazioni per ogni strumento. L’E
Gold King AI MT4
Rodrigo Arana Garcia
5 (1)
Sono rimaste solo 1/5 copie a questo prezzo ---> Prezzo successivo 250$ // Versione MT5 Gold King AI è stato creato utilizzando TensorTrade, un framework Python open source progettato specificamente per costruire, addestrare, valutare e implementare algoritmi di trading robusti utilizzando l'apprendimento rinforzato. L'algoritmo opera durante la sessione di trading di New York. Dopo aver analizzato il mercato per un paio d'ore per identificare le aree di interesse, inserisce ordini in sospeso c
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
MULTI SNIPER EA è un sistema di trading automatico preciso con una precisione di circa il 90% per la piattaforma MT4. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato.   No grid! No martingale! È un prodotto originale offerto solo su questo sito web MQL5. Scarica EA Set_files per test e trading:   GBPAUD Set_file   GBPCAD Set_file - Implementato il metodo dell'interesse composto e tecniche di scalping. - Il sistema imposta automaticamente uno SL d
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Recovery Manager Pro è un sistema per recuperare i prelievi da altri consulenti o da ordini aperti manualmente. RM Pro ha la capacità di adattarsi automaticamente in modo dinamico. Il trader deve selezionare il livello di rischio e il consulente lavorerà in modalità completamente automatica. Può funzionare in modalità di recupero prelievo e in modalità standby! Se un altro consulente genera un prelievo, RM Pro lo disabiliterà, bloccherà la posizione e avvierà il processo di ripristino del depos
GbpUsd Robot Pro MT4
MQL TOOLS SL
5 (1)
The GBPUSD Robot Pro is an advanced automated trading system developed specifically for the unique dynamics of the   GBP/USD currency   pair. Using advanced technical analysis, the robot continuously analyzes historical and real-time market data to   identify trends,   key support and resistance levels, price momentum, volatility, and other important market conditions specific to GBP/USD. The Robot opens positions every day, from Monday to Friday, and all positions are secured with Take Profit,
Altri dall’autore
ONLY FOR EURCHF This strategy is using Bollinger Bands on the EURCHF timeframe M15. Simple things always work. The most important are the settings behind this strategy and that's my secret :D. I do NOT recommend changes on the default settings because those are the best I could find by testing and backtesting. If you really want to lose time trying different setting, go ahead, no problem, backtesting the strategy is free. This EA is tested and backtested in the most recent trading environment, p
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gacfxalgo
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gacfxalgo 2021.06.26 12:18 
 

Wasting money, don't buy.

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