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Easy Bollinger Bands

3.88

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

Ali irwan
5137
Ali irwan 2017.07.30 02:32 
 

thank

Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.21 09:41 
 

Good job.

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4.67 (6)
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5 (5)
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 seve
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 L
Filtro:
agrushev777
2329
agrushev777 2024.02.19 19:25 
 

O usuário não deixou nenhum comentário para sua avaliação

Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.21 09:41 
 

Good job.

Victor Manuel Valderrama Zamora
7353
Victor Manuel Valderrama Zamora 2018.12.16 00:32 
 

the amount of trades per week is too low

katren soresco
40
katren soresco 2018.06.04 11:39 
 

test for 2 week, Ea is ok

Matthew Todorovski
13122
Matthew Todorovski 2018.05.02 17:28 
 

Default settings failed backtest.

Andrey Litvichenko
7559
Andrey Litvichenko 2017.10.21 08:25 
 

O usuário não deixou nenhum comentário para sua avaliação

Aleksej Kravcenko
1918
Aleksej Kravcenko 2017.09.08 12:52 
 

O usuário não deixou nenhum comentário para sua avaliação

[Excluído] 2017.08.20 22:29 
 

O usuário não deixou nenhum comentário para sua avaliação

Ali irwan
5137
Ali irwan 2017.07.30 02:32 
 

thank

Nork
6194
Nork 2017.07.22 19:36 
 

O usuário não deixou nenhum comentário para sua avaliação

Responder ao comentário
Versão 1.5 2019.02.06
Added clues that appear after placing the advisor or his settings. You can disable by set ShowInfo = false.
Versão 1.4 2019.01.30
More information is displayed.
Versão 1.3 2019.01.19
Some corrections are made.
Versão 1.2 2017.06.06
Removed minimum deposit limitation (100 USD).
Versão 1.1 2017.05.19
Fixed the comment when opening a deal.