• Overview
  • Reviews (1)
  • Comments (1)

BB Classic

4

Automated medium-term Expert Advisor.

It is based on Bollinger Bands.

The EA is optimized for EURUSD H1.

The robot should be optimized for use on other instruments.

The Expert Advisor does not use hedging, martingale, grid, arbitrage etc.

The results obtained in the strategy tester are identical to the results of real trading.

Since the results for Control points are close to results of optimization in every tick mode, the EA allows for quick optimization using Control points.


Parameters

  • Mode — lot size calculation mode.
  • Lots — lot size.
    • If Mode=true, the EA automatically determines the Lots value.
    • If Mode=false, the lot size is set manually.
    • If Mode=false, and the Lots value is set incorrectly, the EA adjust the Lots value.
  • Risk — risk parameter. If Risk=10, this means 10% of the account.
  • M — period of moving averages in Bollinger Bands.
  • Magic — magic number of orders to make all orders of the EA unique.
  • Trail — trailing stop activation mode. If Trail=true and Stop_Loss is greater than zero, trailing stop is activated.

  • TrailStop (38 = 0.0038) — trailing stop control parameter.
  • TrailStep (21 = 0.0021) — trailing stop control parameter.
  • MinProfit (10 = 0.0010) — trailing stop control parameter.

  • Stop_Loss (45 = 0.0045) — stop loss.
  • TakeProfit (200 = 0.0200) — take profit.
Reviews 1
Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.02.22 11:13 
 

4 * for the developer's work.

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The algorithm of the indicator is based on the fact that the price is attracted to the slow moving average The same applies to a fast moving average that moves around a slow moving average These moving averages have a special smoothing algorithm. When the fast Moving average goes up and is below the slow Moving average, we have a potential signal to open a position-Buy entry When the fast Moving average goes down and is above the slow Moving average, we have a potential signal to open a positio
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Miguel Jimenez Cordero
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Miguel Jimenez Cordero 2021.02.22 11:13 
 

4 * for the developer's work.

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