Easy Bollinger Bands

4.67

This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor.

For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788

The free version does not provide the ability to use multiple indicators, to use lot calculation based on free margin and to automatically transfer deals to breakeven. Nevertheless, it can be used for daily trading. It does not use risky trading methods, it can trade most of the currency pairs and timeframes once optimized.


Input parameters

  • Lots - lot size (if Lots=0, then the lot will be calculated based on the percentage of account free margin);
  • MaxSpread - the maximum allowable spread to open trades (for floating-spread symbols, to avoid opening with a large spread);
  • Magic - unique identifier (use different magic numbers if multiple Expert Advisors run in your terminal);
  • StopLoss - stop loss in points;
  • TakeProfit - take profit in points;
  • BollingerPeriod - Bollinger Bands period;
  • BollingerDeviations - Bollinger Bands deviations;
  • AdxPeriod - ADX indicator period;
  • MinAdxLevel - ADX indicator minimum level;
  • MaxAdxLevel - ADX indicator maximum level;
  • Trading start hour - trading start hour;
  • Trading end hour - trading end hour;
  • ShowInfo - enable the display of information.
Comentários 10
katren soresco
40
katren soresco 2018.06.04 11:39 
 

test for 2 week, Ea is ok

Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.03.21 09:41 
 

Good job.

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WINTER SALE — FINAL DAYS! Get Forex GOLD Investor with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Live Results: https://www.m
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This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
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Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
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Alexander Nikolaev
The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lot
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The indicator draws lines based on the price Highs and Lows, as well as slant trend lines. Break through the trend line, High or Low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). This indicator is easy to use, but nevertheless, there are many trading strategies, which are based on a breakthrough of the trend lines. The number of candlesticks used to determi
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The indicator determines and plots price channels or lines, reading information from multiple timeframes (from current, second and third) simultaneously. Color and width of lines for each timeframe can be customized. It is also possible to set different distance between the Highs and Lows for plotting channels or lines. Parameters History - maximum number of bars to plot channels or lines; Distance - minimum distance from one High (or Low) to another when plotting lines; Shift - shift for sever
The Expert Advisor looks for the bars followed by price rises or falls. It analyzes how often rises and falls occur after similar bars and makes trades based on that analysis. The market changes frequently but the EA is able to adapt to the changes performing analysis right during trading. Input Parameters Lots - lot size (if 0, a lot is calculated based on the percentage of account free margin); Percentage of free money - the percentage of free margin to open each new trade (applicable when Lo
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AscendCapital
2364
AscendCapital 2024.02.19 19:25 
 

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Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.03.21 09:41 
 

Good job.

Victor Manuel Valderrama Zamora
8923
Victor Manuel Valderrama Zamora 2018.12.16 00:32 
 

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katren soresco
40
katren soresco 2018.06.04 11:39 
 

test for 2 week, Ea is ok

Matthew Todorovski
13132
Matthew Todorovski 2018.05.02 17:28 
 

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Andrey Litvichenko
7632
Andrey Litvichenko 2017.10.21 08:25 
 

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Aleksej Kravcenko
1927
Aleksej Kravcenko 2017.09.08 12:52 
 

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[Excluído] 2017.08.20 22:29 
 

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Ali irwan
5137
Ali irwan 2017.07.30 02:32 
 

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Nork
6190
Nork 2017.07.22 19:36 
 

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