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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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The Prisma Expert Advisor is a set of rules that allows you to achieve consistent results on the FOREX currency market thanks to sophisticated open position management, quality money management and opening and closing of positions, where mathematics together with probability play the main role. Prisma is able to work with stability on all major currency pairs and their combinations provided the system is run with a suitable broker that offers favorable conditions for such trading. However, it is
AW Recovery EA
AW Trading Software Limited
4.4 (75)
L'Expert Advisor est un système conçu pour récupérer les positions non rentables. L'algorithme de l'auteur verrouille une position perdante, la divise en plusieurs parties distinctes et ferme chacune d'elles séparément. Une configuration facile, un lancement différé en cas de baisse, un verrouillage, la désactivation d'autres Expert Advisors, une moyenne avec filtrage des tendances et la fermeture partielle d'une position perdante sont intégrés dans un seul outil C'est l'utilisation des pertes
Bitcoin Scalping MT4
Lo Thi Mai Loan
5 (1)
Présentation de Bitcoin Scalping MT4/MT5 – L'EA intelligent pour le trading de crypto-monnaies PROMOTION DE LANCEMENT : Plus que 3 copies disponibles au prix actuel ! Prix final : 3333,33 $ BONUS - ACHETEZ BITCOIN SCALPING À VIE ET OBTENEZ GRATUITEMENT EA EURUSD Algo Trading (2 comptes) => Demandez plus de détails en privé !!! SIGNAL EN DIRECT DE L'EA Version MT5 Pourquoi Bitcoin est important aujourd'hui Bitcoin est devenu plus qu'une simple monnaie numérique – c'est une révolution financi
XG Gold Robot MT4
Marzena Maria Szmit
4.52 (27)
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
Bitcoin Scalp Pro
Profalgo Limited
5 (3)
Promotion actuelle : Plus qu'un seul à 549$ Prix ​​final : 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) N'oubliez pas de jeter un coup d'œil à notre «   Ultimate EA Combo Package   » sur notre   blog promotionnel   !   LIVE SIGNAL Bitcoin Scalp Pro est un système de trading unique sur le marché.  Il se concentre entièrement sur l'exploitation de la volatilité du marché Bitcoin en négociant les cassures des niveaux de support et de résistance. L'EA se concentre sur la sécuri
Gemini Trump
Jingzhi Wang
Gemini Trump EA represents a sophisticated advancement in grid trading systems. Unlike traditional methods that rely on fitting the system to historical data, Gemini Trump EA is engineered to exploit existing market inefficiencies, leveraging authentic market dynamics to generate profit. Gemini boasts an impressive array of features designed for both convenience and performance. With its One Chart Setup, you can trade all supported symbols using a single chart, while its Multi-Currency Support s
Aurus Gold MT4
Dmitriq Evgenoeviz Ko
"Aurus Gold" is a program capable of automatically analyzing and trading on the currency market (Forex) without human intervention. This innovative tool for decisions on buying or selling currency pairs. The main task of Aurus Gold is to maximize profits and minimize risks for investors. It is capable of working around the clock, based on pre-set parameters and trading rules. The main advantages of using a currency robot include: 1. Automation of trading: The ability to carry out transa
FX EurUsd Robot MT4
Marzena Maria Szmit
5 (11)
The EUR/USD Multi-Strategy Trading Robot MT4 is an advanced tool designed to optimize trading by combining 3 key systems:   daily trading, volume analysis, and Fibonacci   retracement levels. This robot works by integrating these different approaches to create a more dynamic and adaptable strategy for trading the   EUR/USD pair . EA adapts to different market conditions, this makes it an ideal solution for traders looking to enhance their trading strategy with a powerful, multi-faceted approach.
The Matrix Mind AI MT4
Pool Quintal Carlos Alejandro
The Matrix Mind AI : Une Nouvelle Référence dans le Trading Forex The Matrix Mind AI est un conseiller de trading innovant conçu pour élargir les possibilités sur le marché des changes. Basé sur des modèles de factorisation matricielle, il analyse en profondeur les données du marché, détecte des schémas cachés et offre des opportunités uniques pour le développement de stratégies. Signal Réel : https ://www .mql5 .com /en /signals /2277247 Offre de Prix : Premières 7 copies :   399 $ Prochain p
Plus de l'auteur
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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