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ATR Bands Touch EA

This ATR Bands Touch EA is designed to help traders automate their trading strategies based on the Average True Range (ATR) indicator. Please note that this EA has been created as a foundational tool for traders who wish to further optimize and adapt it to their specific trading style. It is not fully optimized and is intended for further customization based on your preferences.

The logic behind this EA revolves around using the ATR to calculate dynamic support and resistance levels. By adding a multiplier to the ATR value, it determines the upper and lower bands around the current market price. The EA then monitors price action to detect when it touches or crosses these bands, generating signals for potential buy or sell trades.

Here is a detailed breakdown of how it works:

ATR Calculation: The EA uses the ATR indicator (with a customizable period) to calculate the volatility of the market. The ATR value is used to set the distance between the upper and lower bands around the current price.

Entry Conditions: A buy signal is generated when the price touches the lower band and then closes higher than the previous close. A sell signal is triggered when the price touches the upper band and closes lower than the previous close.

Stop Loss and Take Profit: Once a trade is initiated, the EA sets Stop Loss and Take Profit levels, which are configurable through the inputs. These levels are placed a set number of points from the entry price, ensuring proper risk management.

Trade Management: The EA ensures that there is enough margin and that the trade volume is valid. If the trade conditions are met, it automatically executes the trade, applying the calculated stop loss and take profit levels.

The EA also includes various notification options, allowing traders to receive alerts through sound, push notifications, or email when a trade signal is generated.

This Expert Advisor is designed to work on MetaTrader 4 and is easy to install and use. However, keep in mind that it is created as a starting point for those who wish to optimize and improve the strategy further. This product can be a valuable addition to your trading toolkit, but its success will depend on how you choose to adapt it to your trading preferences.

The EA is priced at $80.


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5 (2)
Experten
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Abhimanyu Hans
3.54 (26)
Experten
KI-gesteuerte Technologie mit ChatGPT Turbo Infinity EA ist ein fortschrittlicher Expert Advisor für GBPUSD und XAUUSD. Er konzentriert sich auf Sicherheit, konstante Erträge und unendliche Rentabilität. Im Gegensatz zu vielen anderen EAs, die auf risikoreichen Strategien wie Martingale oder Grid-Trading basieren, verwendet Infinity EA eine disziplinierte, profitable Scalping-Strategie, die auf einem neuronalen Netzwerk basiert, das über maschinelles Lernen und KI-basierte Datenanalysetechnolog
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Marzena Maria Szmit
5 (13)
Experten
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Marzena Maria Szmit
4 (4)
Experten
Introducing the DS Gold Robot, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, DS Gold is a forex robot meticulously crafted to optimize your trading performance with  XAUUSD pairs . With its advanced analytical capabilities,  DS Gold  Robot   constantly monitors the gold market, identifying key trends , patterns, and price movements with lightning speed. The DS Gold Robot opens positions every day from
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5 (2)
Experten
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Greedy Golden MT4
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4.67 (3)
Experten
Important: Please use in accounts with lower swap or swap-free accounts. Real monitoring signals: Signal 1 Contact me after payment to send you the user manual PDF file See the real monitoring signal in my profile. Use only on gold and on the  BUY direction. Trading gold is attractive to many traders due to the high volatility and depth of the market. Should we invest in gold or just scalp it? Answering this question is a big challenge for many traders. X trading robot is the answer to this cha
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AW Trading Software Limited
4.67 (12)
Experten
Vollautomatischer, fortschrittlicher Handelsroboter, der auf der Grundlage von Trendumkehrungen arbeitet. Bei Bedarf ist der Einsatz einer Grid-Strategie möglich. Integrierte 3 Arten von Benachrichtigungen und Positionssperre, wenn die maximale Wagenlast erreicht ist. Die Standardeinstellungen werden für EURUSD im Zeitrahmen M15 empfohlen. Funktionen und Vorteile: Fähigkeit, gleichzeitig in zwei Richtungen zu arbeiten Eingebaute Fähigkeit, pünktlich in mehreren Stufen zu arbeiten Verwendet eine
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4.85 (13)
Experten
Wir stellen vor       Quantum Gold Emperor EA   , der bahnbrechende MQL5-Expertenberater, der die Art und Weise, wie Sie mit dem prestigeträchtigen Paar XAUUSD (GOLD) handeln, verändert! Entwickelt von einem Team erfahrener Händler mit über 13 Jahren Handelserfahrung. WICHTIG! Bitte senden Sie mir nach dem Kauf eine private Nachricht, um die Installationsanleitung und die Einrichtungsanleitung zu erhalten. ***Kaufen Sie Quantum Gold Emperor EA und Sie könnten Quantum Trade EA kostenlos erhalten
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4.73 (63)
Experten
Gold Scalping Expert is a very intelligent smart algorithm which exploits the reaction of gold during various high-impact events like geo-political news, pandemics, and economic changes.  This system trades breakouts using the popular zig-zag indicator by placing pending orders at the turning points and when the price breaks out beyond these levels the orders will get triggered.  The EA is using a very smart trailing stop and dynamic stop loss to protect your account and manage the risk properly
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Dilwyn Tng
4.96 (668)
Experten
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5 (3)
Experten
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5 (4)
Experten
I just sell my products in Elif Kaya Profile , any other websites are stolen old versions, So no any new updates or support. - Lifetime update free -   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam Strategy Tester is not covered critical news. Bitcoin is a cryptocurrency, a
Secret Impulse MT4
Eugen Funk
3.5 (18)
Experten
Der EA eröffnet eine Position, wenn der Markt während der New Yorker Sitzung (höheres Volumen) in Bewegung kommt. Auf diese Weise wird das Momentum durch das Volumen gestützt, und wir können mit hoher Wahrscheinlichkeit sofort den Take Profit erreichen. Signal (292%, 10% DD):   https ://www .mql5 .com /en /signals /2274145 Eröffnung bei Momentum während der New Yorker Sitzung Der EA erkennt den versteckten Impuls durch FVGs auf niedrigeren Zeitintervallen. Wird der Impuls kurz vor oder während
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AL MOOSAWI ABDULLAH JAFFER BAQER
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