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Scalper BollingerBands

1

How does the name say, this EA is a Scalper using Bollinger Bands reversal strategy. This strategy is based on the fact that, using a standard deviation of 2 for Bollinger Bands, about 95% of price moves have occurred recently are contained within the bands.

This EA is working with 1 currency pair at a time, but you can activate it on multiple currencies using a different Magic Number. This scalper works the best on ranging market pairs like GBPCAD, EURCHF, EURGBP, GBPNZD, NZDAUD, CADCHF etc. Being a scalper, I recommend using it on low timeframes and the best I found is M15. It opens only 1 trade on every currency at a time.

The proper trading environment for this EA I found to be during the Asian trading session because of it's low volatility and less number of news. You can set the trading hours of the EA in the settings based on your broker time zone.

Each trade is opened with Stop Loss and Take Profit, so your capital is protected, but it may close the trades manually when the signal is triggered.

The trading robot is highly reliable, as it has been developed considering trading on a real account. The money-management system allows you to set the risk manually from the initial settings of the EA (e.g. 10% of your deposit for each transaction).

The biggest enemy of this scalper is powerful trending move. I recommend to deactivate it when the market is waiting for important news or bank decisions. 


IMPORTANT INPUTS TO UNDERSTAND

Each input is described in the inputs section. Here you can find some important details for them.

INPUT_MAGIC_NUMBER -- The magic number you have to set for each instance of the EA (DIFFERENT FOR EACH PAIR)

SL_RATE -- This EA uses a dynamic Stop Loss based on the distance from the outer bands to mid band. The bigger SL_RATE is, the wider SL will be.

MAX SL IN POINTS -- This variable limits the wideness of SL. During a volatile market, if the SL should be placed at a distance bigger than the points specified in this MAX SL IN POINTS, the EA will place the SL at this maximum distance. This setting will protect your capital from taking a not assumed loss.

MIN HOUR TO TRADE -- The hour at the EA should start trading.

MAX HOUR TO TRADE -- The hour at the EA should stop trading.


In the SCREENSHOTS section, you may find some trading reports. Also, in those reports you may find the settings I'm using in different currency pairs.

You may find some inputs in the presentation video, too.

I WISH YOU BIG PROFITS!

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Marzena Maria Szmit
4.67 (24)
Experten
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
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AW Trading Software Limited
4.32 (65)
Experten
Der Expert Advisor ist ein System zur Wiederherstellung unrentabler Positionen. Der Algorithmus des Autors sperrt eine Verlustposition, teilt sie in viele separate Teile und schließt jeden von ihnen separat. Einfache Einrichtung, verzögerter Start im Falle eines Drawdowns, Sperren, Deaktivieren anderer Expert Advisors, Mittelwertbildung mit Trendfilterung und teilweises Schließen einer Verlustposition sind in einem Tool integriert Es ist die Verwendung von Schließungsverlusten in Teilen, die es
Adapt EA
Alexander Kozachuk
1 (1)
Experten
Backtests der letzten 24 Jahre (seit 2000) Hohe Profitabilität Adaptiver Algorithmus für verschiedene Marktzustände Kompatibel mit jedem Broker Bewährtes Drawdown-Kontrollsystem Paare: USDCAD, EURUSD, AUDUSD, EURGBP, USDJPY Standard-Backtests herunterladen: Klicken Sie hier 99% TickData (Ducascopy) Backtest herunterladen: Klicken Sie hier Live-Konto : Klicken Sie hier Live-Konto (Aggressiv) : Klicken Sie hier Über die Entwicklung: Wir sind ein professionelles Team von Händlern, das sich
TrendMaster FX MT4
Chen Jia Qi
4.78 (18)
Experten
Vorstellung unseres MT5 EA: Mit fortschrittlichen Algorithmen und Deep Learning Technologie ausgestattet, ist unser Expertenberater (EA) sorgfältig designt, um Sie durch die verwickelte Welt des Devisenhandels zu navigieren. Das System analysiert fleißig die Marktaktivitäten und führt Trades basierend auf vorher festgelegten Kriterien durch, damit Sie Markttrends effektiver erfassen können. Empfohlene Währungspaare: Live-Signal:   TrendMaster FX MT5-Version:   TrendMaster FX MT5 Wir führen derz
Richter mt4
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Experten
A Richter Expert is a professional market analyst working using a specialized algorithm. By analyzing prices over a specific time period, it determines the strength and amplitude of prices using a unique indicator system based on real data. When the trend and its direction change, the expert closes the current position and opens a new one. The bot's algorithms take into account signals about overbought and oversold markets. Buying occurs when the signal falls below a certain level and then rise
FT Gold Robot MT4
Marzena Maria Szmit
4.39 (28)
Experten
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Marzena Maria Szmit
4.28 (18)
Experten
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Prop Hunter Pro
Soraya Bahlekeh
Experten
Prop Hunter Pro EA ist ein fortschrittlicher Expert Advisor (EA), der über 6 sorgfältig entwickelte Strategien verfügt, darunter HFT und Scalping . Drei dieser Strategien sind darauf ausgelegt, Händlern zu helfen, die Herausforderungen von Prop-Firmen zu überwinden, während die anderen drei für den Einsatz in persönlichen Handelskonten vorgesehen sind. Originalpreis   399$  —> 60% Rabatt nur   $169 (4 Kopien verfügbar ) Um die Live-Arbeit zu sehen, können Sie sich mit den folgenden Kontodet
AI NeuroX EA MT4
Denis Kurnev
5 (5)
Experten
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
TopBottomEA
lizhi fu
4.61 (41)
Experten
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Experten
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Ai Hybrid Robot MT4
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5 (3)
Experten
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BB Scalper on EURCHF
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Experten
ONLY FOR EURCHF This strategy is using Bollinger Bands on the EURCHF timeframe M15. Simple things always work. The most important are the settings behind this strategy and that's my secret :D. I do NOT recommend changes on the default settings because those are the best I could find by testing and backtesting. If you really want to lose time trying different setting, go ahead, no problem, backtesting the strategy is free. This EA is tested and backtested in the most recent trading environment, p
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gacfxalgo
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gacfxalgo 2021.06.26 12:18 
 

Wasting money, don't buy.

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