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The Chart Patterns Builder Basic expert advisor is a new addition to the automated trading strategies product family, which already contains the Price Action Builder Basic and the Bollinger Bands Builder Basic . While sharing general functionality with the other experts, this expert relies on the detection of some well-known trading chart patterns for identifying its buy/sell signals.
Technical details:
The following chart patterns are currently supported:
- double top and double bottom pa
FREE
The Bollinger Bands Builder Basic expert advisor is a similar strategy with Price Action Builder Basic , using instead the Bollinger Bands indicator as its primary signal provider technique.
Technical details:
Currently, 3 distinct strategy types are supported:
1. Bollinger squeeze, conservative entry (the only one available for the basic version);
2. Bollinger squeeze, aggressive entry (available in the premium version only);
3. Bollinger bounce (available in the premium version only).
FREE
The Price Action Builder Basic expert advisor was created with the primary goal of providing a free, configurable, easy to use, decently profitable automated trading strategy. At the same time, an equally important goal is ensuring a low drawdown and avoiding exposure to high risks through:
usage of automatically placed stop loss orders for all launched trades; allowing maximum 1 managed open trade at a given time, avoiding pressure on margin/deposit load; minimization of positions holding ti
FREE