Market / MetaTrader 5 / Experts /

BB plus RSI

30 USD

Demo downloaded: 18

Published: 5 March 2024

Current version: 1.10

BB plus RSI

Experts
Sergio Tiscar Ortega
Version: 1.10
Updated: 26 April 2024
Activations: 20

The Expert Advisor we present is an automated trading tool designed to operate in the forex market using two widely known and respected technical indicators: Bollinger Bands and the Relative Strength Index (RSI).

Bollinger Bands are a technical analysis tool consisting of an upper band, a lower band, and a simple moving average in the middle. These bands help identify volatility and potential trend reversal points in price.

RSI is a momentum oscillator that measures the speed and change of price movements. It is used to determine whether an asset is overbought or oversold, which can indicate entry or exit opportunities in the market.

Our EA utilizes an intelligent combination of these two indicators to identify trading opportunities with controlled risk. However, it is important to note that no trading system can guarantee consistent profits in the financial market, as it is inherently unpredictable and subject to sudden changes and unexpected events.

Some key features of our EA include:

Customization: Our EA allows users to adjust various parameters, such as the period of Bollinger Bands, RSI period, and overbought/oversold levels, to adapt to different strategies and market conditions.
Risk Management: The EA is designed with a focus on risk management, using techniques such as setting stop-loss and take-profit to limit losses and secure profits whenever possible.
Backtesting and Optimization: Before implementing the EA on a live account, users can conduct backtesting and optimization to evaluate its performance under different market conditions and timeframes.
Technical Support: We offer dedicated technical support to help our clients set up and use the EA effectively, as well as to address any questions or concerns they may have.

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Version 1.10 2024.04.26

General updates and improvements