Bollinger Awesome Band Scalper
- Uzmanlar
- Sürüm: 1.21
BBAWE is a scalping Expert Advisor based on the Bollinger Bands and
Awesome Oscillator system.
ENTRY LOGIC
- 3-period EMA crosses the Bollinger Band basis line
- Awesome Oscillator direction confirms the move
- Optional Bollinger Band filter (close must stay within bands)
- Optional BB squeeze filter (relative width threshold)
RISK MANAGEMENT
- Stop Loss placed at the opposite Bollinger Band at entry
- Breakeven at 100 pips profit (configurable)
- Optional 50% partial close at the breakeven trigger
- Trailing stop activates at 150 pips profit, trails at 50 pips
- Optional session filter (server time)
- Optional max-spread filter
RECOMMENDED USAGE
- Symbols: Major FX pairs (EURUSD, GBPUSD, USDJPY, AUDUSD)
- Timeframe: M5 (also works on M1, M15)
- Account: Works on both hedging and netting accounts
- Sessions: Best in volatile London/NY overlap
PARAMETERS
All inputs are documented in the input tab of the EA.
This is a free product intended for testing and community feedback.
