Looking for a free expert advisor
There's plenty of free ones, check the market. Free Expert Advisors and indicators for MetaTrader 5 in MetaTrader Market
But do your research first. Namely that John Bollinger, the creator of Bollinger Bands, is still alive. When I go to the TRW swap meet I pass his, let's be frank, extremely **it office across the street from a closed up 99 cent store and a jack in a box in a bad part of town on Aviation Blvd. If the indicator was any good, it would be logical that after 40 years (created in the 1980's) that John Bollinger himself would have more money and perhaps more employees (last I checked he had 3 people in the company but 2 people are him and his wife). But nope, he's still peddling the same courses and suing people as he trademarked "Bollinger Bands".
Most people lose money, so it might be wise to not do the same thing most people do. Every trader seemingly has their Bollinger Band phase, but how many people have you heard make a living with it?
- www.mql5.com
There's plenty of free ones, check the market. Free Expert Advisors and indicators for MetaTrader 5 in MetaTrader Market
But do your research first. Namely that John Bollinger, the creator of Bollinger Bands, is still alive. When I go to the TRW swap meet I pass his, let's be frank, extremely **it office across the street from a closed up 99 cent store and a jack in a box in a bad part of town on Aviation Blvd. If the indicator was any good, it would be logical that after 40 years (created in the 1980's) that John Bollinger himself would have more money and perhaps more employees (last I checked he had 3 people in the company but 2 people are him and his wife). But nope, he's still peddling the same courses and suing people as he trademarked "Bollinger Bands".
Most people lose money, so it might be wise to not do the same thing most people do. Every trader seemingly has their Bollinger Band phase, but how many people have you heard make a living with it?
imagine these guys , did that research manually with pen and paper .
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Hello everyone!
I am looking to employ a trading system that takes entries & exits according to price action. I am interested in a free expert advisor that uses Bollinger bands as an indicator. Once price exits the upper Bollinger band an entry would be taken declaring a breakout (vice-versa for the lower Bollinger band) into a new trend for price.
If anyone has come across similar experts that are free, please let me know.
Thank you!