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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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Benvenuto in Diamond Ultimate!!! BACKTEST GUIDE PROMOZIONE DI LANCIO: Rimangono solo poche copie al prezzo attuale! Prezzo finale: 4993,99 $ Diamond Ultimate   combina algoritmi basati su diverse azioni di prezzo con 13 anni di esperienza di mercato per eseguire ordini e gestire il capitale. Tutte le operazioni hanno livelli chiari di stop loss e take profit. L'EA utilizza uno stop loss a inseguimento per garantire i profitti. L'EA può aprire fino a 7 operazioni contemporaneamente, ma que
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Mansour Babasafary
5 (3)
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Marzena Maria Szmit
4.48 (25)
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
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Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
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Arseny Potyekhin
5 (4)
Presentazione di CyBRG RX: L'assistente di trading di nuova generazione Entra nel futuro del trading con CyBRG RX, il tuo compagno di trading all'avanguardia progettato per migliorare la tua esperienza di trading. Sfruttando la potenza delle reti neurali avanzate, CyBRG RX è progettato per analizzare e adattarsi alle condizioni di mercato in continua evoluzione con una precisione senza pari. Segnali:   Segnale dal vivo 1 Segnale dal vivo 2 Poiché questa strategia è così unica, voglio v
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Barbaros Bulent Kortarla
5 (62)
Smart Funded EA è un consulente esperto progettato per superare le sfide HFT delle società prop che ne consentono l'uso. Quali società prop HFT posso utilizzare? È stato testato su quasi tutte le sfide HFT delle società prop con una percentuale di successo del 100%, come Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Funds, Tradicave e tutte le altre sfide MT4 consentite da
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Elif Kaya
5 (1)
-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. No Martingale, No Grid, No Scam I used my " Breakout and Retest Scanner " algorithm in Bitcoin Expert. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates a very good risk/reward ratio on the trades. All you have to d
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Profalgo Limited
5 (5)
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ NOVITÀ: ottieni 1 EA gratis!   (per 2 account commerciali) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (6)
Promozione di lancio! Rimangono solo poche copie al prezzo attuale! Prossimo prezzo: 1733 $ Prezzo finale: 3993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper
Altri dall’autore
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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