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Bollinger Scalper EA

4.5

The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Not sensitive to spread
  • Always a stop loss in place
  • All you need is a VPS

Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of lots for the first trade in a group. Values from 0.01 to 50.0.
  • LotsPer10K - Number of lots for the first trade in a group per 10000 account balance (Setting to 0 disables). Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • AllowNewTrades - Turn this of to disable new trade groups, true/false.
  • ProfitPerLot - Target profit in account currency per lot. Values from 1.0 to 1000.0.
  • PositionComment - Allows you to set the position comment.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • StopLoss - The fixed stop loss - Values 25 to 200 depending on the pair being traded.
  • BBPeriod - The Bollinger Band period used as entry signal - Values 1 to 40.
  • BBStd - The Bollinger Band standard deviation used as entry signal - Values 1.0 to 3.0.
  • RSIPeriod - The RSI period used as entry signal - Values 1 to 40.
  • RSIThreshold - The RSI threshold used as entry signal - Values 1 to 40.
  • Averaging - If turned on averaging is used to recover negative trades, true/false.
  • AveragingStep - The negative move in pips against the current trade to trigger the next averaging trade. Values 5 to 100.
  • AveragingMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.

Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of RSIPeriod, RSIThreshold, BBPeriod, BBStd,ProfitPerLot  and AveragingStep are needed to find the best results.

Comentários 3
Harry Tallarita
125
Harry Tallarita 2022.08.29 12:16 
 

per ora ottimo. sarebbe utile aggiungere la funzione di salvaguardia del capitale

Rob0000
94
Rob0000 2022.06.21 14:10 
 

good Ea.Good results .

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Stanislav Tomilov
4.67 (3)
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Guillaume Duportal
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Advanced Gold Pattern MT4
Ho Tuan Thang
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5 (1)
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Index Scalper PRO MT4
Evgenii Aksenov
4.31 (13)
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Advanced AI Scalper MT4
Ho Tuan Thang
5 (23)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. The results of back testing Advanced AI Scalper in MT4 will not reflect the full capabilities of the EA. Because MT4 only allows back testing 1 currency pair at a time but this is one chart set up - trade all major pairs. Don't just back testing only 1 pair, you must test all pairs AUDCAD, AUDNZD,NZDCAD,EURAUD
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Breakthrough Strategy
Konstantin Kulikov
4.41 (32)
Every Sunday the price goes up by $50 This system was developed to work with a large number of sets and after a certain time it showed itself well when working at the close of trading on Friday. As a result, this direction of trading became the main one for working with this Expert Advisor. There are 25 actual sets for different currency pairs, as well as a profile for quick setup . You can analyze the statistics of the Expert Advisor for different currency pairs using my signal. Evaluate stati
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Harry Tallarita
125
Harry Tallarita 2022.08.29 12:16 
 

per ora ottimo. sarebbe utile aggiungere la funzione di salvaguardia del capitale

Rob0000
94
Rob0000 2022.06.21 14:10 
 

good Ea.Good results .

John Winsome Munar
3714
John Winsome Munar 2022.05.18 07:15 
 

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