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MMMBollingerXRSI for Trend and Scalping

MMMBollingerXRSI EA strategy:

  • The robot keeps checking RSI and Bollinger Bands all the time and does a calculation to determine the prices trends. If the currency pair's prices breaks the RSI upper line and also breaks the Bollinger Bands upper line, it sends a sell order. If the currency pair's price breaks the RSI lower line and also breaks the Bollinger Bands lower line, it sends a buy order. It will not send an order unless the calculations determines a good trend of profit;
  • Like all MMM products it is also programmed to minimize your losses and protect your money from the hostile market. We have protections like Trailing Stop Loss where the stop loss may be moved near to the pair current price once the order has positive profit. You can also define the account minimum equity percentage required to send a new order;
  • You can define the maximum number of simultaneously open orders for each symbol and the minimum value of profit in deposit currency before an order is closed;


Inputs

  • Closes orders with any profit of value over specified in currency: this parameter works like the traditional take profit, but the difference is that you define it's value in deposit currency, usually USD. Any order with profit greater or equal to this value will be closed. If you do not want to use it, fill it out with 0 (zero).
  • Take profit (order profit ceiling): this parameter is the traditional take profit. Its value is filled out with in pips unit. Orders will automatically be open with this take profit value. If you do not want to use it, fill it out with 0 (zero).
  • Stop loss (loss limit): this parameter is the traditional stop loss. Its value is filled out with in pips unit. Orders will automatically be open with this stop loss value. If you do not want to use it, fill it out with 0 (zero).
  • Lots volume to trade: fill in this parameter to define the volume of the orders of this currency pair.This parameter is mandatory.
  • Trailing stop loss: this parameter is the traditional trailing stop loss. Its value is filled out in pips unit. Orders will automatically be open with this stop loss value. If you do not want to use it, fill it out with 0 (zero).
  • Maximum number of simultaneous orders to open os this symbol: this parameter defines the maximum number of simultaneous open orders of the current symbol. If you do not want to use it, fill it out with 0 (zero).
  • Minimum equity percentage to allow opening new orders: this parameter is used to define the minimum equity required to open new orders in order to protect your equity.
  • Double the trading volume (lots) if prior order if profitable: if this parameter is set to true, the EA will double the volume of the next orders after closing a profitable order of the current symbol. If you do not want to use it, fill it out with false.
  • RSI Period: this parameter defines the RSI period. The EA works using the RSI indicator and measures the speed the currency pair changes it's value as well, so that it is able to determine the market trend about the symbol it is working with. It is recommended to leave it with its default value (14) if the trader doesn't know what to do with this parameter. This parameter is mandatory.
  • Lowest RSI value: this parameter defines the RSI lowest value. The EA works using the RSI indicator and measures the speed the currency pair changes it's value as well, so that it is able to determine the right moment to open buy orders. It is recommended to leave it with its default value (30) if the trader doesn't know what to do with this parameter. This parameter is mandatory.
  • Highest RSI value: this parameter defines the RSI highest value. The EA works using the RSI indicator and measures the speed the currency pair changes it's value as well, so that it is able to determine the right moment to open sell orders. It is recommended to leave it with its default value (70) if the trader doesn't know what to do with this parameter. This parameter is mandatory.
  • Bollinger Bands Period: this parameter defines the Bollinger Bands' period. The default value is 20. Do not touch it if you don't know what you are doing. This parameter is mandatory.
  • Bollinger Bands Deviation: this parameter defines the Bollinger Bands' Deviation. The default value is 2. Do not touch it if you don't know what you are doing. This parameter is mandatory.
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Ho Tuan Thang
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Experts
ONLY 3 COPIES OUT OF 10 LEFT AT $99! After that, the price will be raised to $199. HFT  Propfirm Challenge Performance Monitor(Starting from $200) Account Number:  66668979 Server: ICmarketsSC-Demo06 Password: quantumhft1 You will get BONUS  worth $399 after you pass the HFT Prop Firm challenge round Quantum HFT Prop Firm is the EA is designed to pass the competition of HFT Prop Firms.  Please be aware that this Expert Advisor (EA) should not be used with a real account. Its sole pur
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Artem Minchuk
2.55 (11)
Experts
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
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Fanur Galamov
5 (9)
Experts
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LEE SAMSON
5 (4)
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Transforme qualquer estratégia de negociação em uma estratégia de negociação de posição ou negocie as estratégias comprovadas de negociação de posição baseadas em RSI e ADR, incluindo sistema automatizado de controle de rebaixamento para posições que se movem contra você. Este EA é uma evolução e uma simplificação do EA MRA que tem sido usado para estratégias de negociação de posição ensinadas no site Market Structure Trader há muitos anos. Veja meu perfil para obter um link para o site, curso
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Mansour Babasafary
4.58 (38)
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This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Experts
Você já se perguntou por que a maioria dos consultores especializados não é eficaz nas negociações ao vivo, apesar de seu desempenho perfeito nos testes retrospectivos? A resposta mais provável é over-fitting. Muitos EAs são criados para 'aprender' e se adaptar perfeitamente aos dados históricos disponíveis, mas falham em prever o futuro devido à falta de generalização no modelo construído. Alguns desenvolvedores simplesmente não sabem da existência do over-fitting, ou sabem, mas não têm uma m
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AI NeuroX EA MT4
Denis Kurnev
5 (1)
Experts
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
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Hui Qiu
5 (3)
Experts
ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time！ ET9  for MT4 Updated 4.00 !!   Important update:    Enable automatic closing of profits,  Various parameters of the ET1 strategy can be modified,   Optimized the stability of ET1 strategy Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4
Daytrade Pro Algo
Profalgo Limited
5 (5)
Experts
Promoção de lançamento: Número limitado de cópias disponíveis no preço atual Preço final: 990$ NOVO: ganhe 1 EA grátis!   (para 2 contas comerciais) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bem-vindo ao DayTrade Pro Algo!   Depois de anos estudando os mercados e programando diferentes estratégias, encontrei um algoritmo que tem tudo o que um bom sistema de negociação precisa: É corretor independen
Smart Funded Hft
Barbaros Bulent Kortarla
5 (44)
Experts
!! POR FAVOR, ATUALIZE PARA A ÚLTIMA VERSÃO 2.05 PARA UM DESEMPENHO AINDA MAIS RÁPIDO!! SMART FUNDED HFT ACABOU DE PASSAR NO DESAFIO DE 100K DA KORTANA FX NA ABERTURA DO MERCADO EM 29.01.2024, APESAR DA BAIXA VOLATILIDADE POR FAVOR, VERIFIQUE A SEÇÃO DE CAPTURAS DE TELA, COLOQUEI A PROVA LÁ IMPORTANTE NÃO PERCA O DESCONTO EXCLUSIVO DE 40% DA KORTANA FX PARA PAGAMENTOS EM CRIPTOMOEDAS ATÉ 29.01.2024.  Liberte o seu potencial de trading com o Smart Funded HFT EA!   SEM NECESSIDADE DE VPS / SEM ARQ
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Versão 1.17 2021.12.07
Recompiled due to MT4 newest version.
Versão 1.16 2017.05.05
- Improvements on the indicators in order to open a new order on the right time. If you use the strategy tester, you will notice that your final profit result will be better with this version.
Versão 1.15 2017.03.10
Bug fixes:
1- Error 4051 when dealing with metals;
2- Trailing stop loss errors when modifying orders;
3- Aggressive unecessary repeating messages removal.
Versão 1.11 2016.12.06
Improvemnt: Creation of the Magic Number input. With this parameter the EA will only manipulate the orders of the same symbol identified by the magic number to avoid manipulating orders sent manually or by other EA. But do not change this number if you already have open ordrs.