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Bamboo expert 4

Bamboo expert 4 is based on the custom indicator Bamboo 4. Entry points are determined using Bamboo 4 values. Positions are closed when reaching specified profit and loss levels or when opposite signal appears if Stop Loss and Take Profit values are zero.

Input Parameters
  • Period - Period parameter of the indicator Bamboo 4;
  • Mode - operation mode of the Expert Advisor (0-7);
  • Stop Loss - loss fixing level in points;
  • Take Profit - profit fixing levels in points;
  • Lot - lot size;
  • Magic Number - "magic" number of the orders.

The screenshots demonstrate the backtesting results. The backtesting was conducted for the period from 2019.01.07 to 2019.12.28 on EURUSD and M30 timeframe using the "Every tick" option. The Expert Advisor was set to a lot of 0.1, stop loss of 500 points and take profit of 400 points. The Period was 16 and the mode was 7, spread 20.

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