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CAP Bollinger Bands EA

CAP Bollinger Bands EA trades using the Bollinger Bands Indicator. It offers many customizable Bollinger Bands trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [      Installation Guide | Update Guide Submit Your Problem | FAQ | All Products ]

  • Easy to use and customizable Bollinger Bands setting.
  • Enable Grid trading.
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Implements a martingale features
  • Customizable indicator settings
  • Filter trading by forex sessions
  • Built-in money management
  • Built-in news filter. EA automatic download news data from news website.


Do you want strategy builder?  

Our this product has more then 34+ build in indicator that you can make more then 1 million combination strategy that boost you trading strategy with an incredible amount of functionality. So you can test your strategy easy way without knowledge of coding. MT4 Version here | MT5 Version here.


The EA implements the following entry strategies, that can be enabled or disabled at will:

  • Trade when the Price touch upper or lower level

Four different trading behaviors are available in the EA inputs:

  • Both Side (Long and Short): The EA will buy at price touch lower band and sell at price touch upper band both trade
  • Any Single Side: Open any one trade which signal come first (Buy or Sell)
  • Long Side Only: The EA will buy at bullish signals and disregard bearish signals
  • Short Side Only: The EA will sell at bearish signals and disregard bullish signals

Additionally, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will increase or decrease depend on account balance increase or decrease
  • Martingale: The EA will double the lotsize after a losing trade


Input Parameters

For a complete description of the input parameters of the EA, kindly read the   user guide.


    IMPORTANT: To enable News Stop Trading and AutoGMT, tick the "Allow WebRequest" option and add this two URL:

    1. http://ec.forexprostools.com
    2. http://time.is/UTC

    to the list of URLs for WebRequest. To do this, open Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add the following: "http://ec.forexprostools.com" and "https://time.is/UTC" and press "OK". The EA takes news from the specified websites.


    All parameters are calculated as points, not pips.


    Support

    I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

      Author

      Mohammad Ali, technical analyst and speculator, software engineer and founder of Capilta Business Solutions.‌

      Comentários 4
      0868985792
      19
      0868985792 2020.08.28 09:11 
       

      Thanks for the author

      masa320trader
      61
      masa320trader 2020.04.03 15:51 
       

      I give Mohamed 5 star for extra mile support.

      THOMAS RAY GURCHIEK
      174
      THOMAS RAY GURCHIEK 2020.04.01 17:04 
       

      Really like this strategy. Works really well even out of the box with default settings. The only thing that I adjust is the Aus/Asian session. I actually turn the EA off right before the end of the New York session. Then depending on what news is scheduled for Europe I'll turn it back on around 10pm EST. I've only had to intervene twice and one of them was a spread issue.

      Was never a fan of some grid strategies on the market, but being a programmer myself this one actually made sense.

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      Filtro:
      0868985792
      19
      0868985792 2020.08.28 09:11 
       

      Thanks for the author

      masa320trader
      61
      masa320trader 2020.04.03 15:51 
       

      I give Mohamed 5 star for extra mile support.

      THOMAS RAY GURCHIEK
      174
      THOMAS RAY GURCHIEK 2020.04.01 17:04 
       

      Really like this strategy. Works really well even out of the box with default settings. The only thing that I adjust is the Aus/Asian session. I actually turn the EA off right before the end of the New York session. Then depending on what news is scheduled for Europe I'll turn it back on around 10pm EST. I've only had to intervene twice and one of them was a spread issue.

      Was never a fan of some grid strategies on the market, but being a programmer myself this one actually made sense.

      philippe germain
      2258
      philippe germain 2019.10.09 11:02 
       

      Usuário não fez qualquer comentário quanto a classificação

      Responder ao comentário
      Versão 2.20 2020.07.17
      Bugs Fixed
      ---->Fixed trailing not work in previous version
      Versão 2.10 2020.07.07
      --->Minor Updated
      Versão 2.0 2019.12.30
      -->Minor Update, Improve some coding.
      -->Nothing Change on trading logic and function