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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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We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
XG Gold Robot MT4
Marzena Maria Szmit
4.43 (23)
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
Prop Hunter Pro
Soraya Bahlekeh
Prop Hunter Pro EA è un Expert Advisor (EA) avanzato con 6 strategie meticolosamente progettate, comprese HFT e Scalping . Tre di queste strategie sono progettate per aiutare i trader a superare le sfide poste dalle società di prop trading, mentre le altre tre sono destinate all'uso su conti di trading personali. Prezzo originale   399$  —> sconto del 60% solo   $169 (4 copie disponibili ) Per vedere il suo funzionamento dal vivo, puoi accedere a MT4 utilizzando i dettagli dell'account qui
Daytrade Pro Algo
Profalgo Limited
5 (5)
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ 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
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (2)
Un consulente completamente automatizzato basato sui principi della domanda e dell'offerta . Per la prima volta offriamo consulenti di domanda e offerta completamente automatizzati . Il trading è diventato più semplice e ora hai il pieno controllo sulla tua strategia di trading. Utilizza un comodo pannello di controllo grafico. Ottieni un software di trading algoritmico di altissima qualità con oltre 15.000 righe di codice. Guida alla domanda e all'offerta di EA Probot Il modo migliore per c
AI NeuroX EA MT4
Denis Kurnev
5 (5)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Diamond PRO
Fanur Galamov
4.85 (20)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Ai Hybrid Robot MT4
Mansour Babasafary
5 (3)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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 2021.06.26 12:18 
 

Wasting money, don't buy.

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