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Easy Bollinger Bands

4.67

This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor.

For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788

The free version does not provide the ability to use multiple indicators, to use lot calculation based on free margin and to automatically transfer deals to breakeven. Nevertheless, it can be used for daily trading. It does not use risky trading methods, it can trade most of the currency pairs and timeframes once optimized.


Input parameters

  • Lots - lot size (if Lots=0, then the lot will be calculated based on the percentage of account free margin);
  • MaxSpread - the maximum allowable spread to open trades (for floating-spread symbols, to avoid opening with a large spread);
  • Magic - unique identifier (use different magic numbers if multiple Expert Advisors run in your terminal);
  • StopLoss - stop loss in points;
  • TakeProfit - take profit in points;
  • BollingerPeriod - Bollinger Bands period;
  • BollingerDeviations - Bollinger Bands deviations;
  • AdxPeriod - ADX indicator period;
  • MinAdxLevel - ADX indicator minimum level;
  • MaxAdxLevel - ADX indicator maximum level;
  • Trading start hour - trading start hour;
  • Trading end hour - trading end hour;
  • ShowInfo - enable the display of information.
Comentários 10
katren soresco
40
katren soresco 2018.06.04 11:39 
 

test for 2 week, Ea is ok

Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.21 09:41 
 

Good job.

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Doji Finder MT5
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The Expert Advisor identifies Doji candles on the chart and opens trades when they appear (if they meet the specified parameters). In addition, the EA can also trade with the Engulfing candles. It can display the candles it is trading on, it also shows how the signal candle is set up. The exact settings of the signal candles can be changed and optimized. Also, the Expert Advisor has settings for additional indicators for filtering trade entries and can analyze trading volumes, so that, for exam
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This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
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The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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Alexander Nikolaev
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
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Alexander Nikolaev
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Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t
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agrushev777
2328
agrushev777 2024.02.19 19:25 
 

O usuário não deixou nenhum comentário para sua avaliação

Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.21 09:41 
 

Good job.

Victor Manuel Valderrama Zamora
7681
Victor Manuel Valderrama Zamora 2018.12.16 00:32 
 

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katren soresco
40
katren soresco 2018.06.04 11:39 
 

test for 2 week, Ea is ok

Matthew Todorovski
12938
Matthew Todorovski 2018.05.02 17:28 
 

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Andrey Litvichenko
7569
Andrey Litvichenko 2017.10.21 08:25 
 

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Aleksej Kravcenko
1917
Aleksej Kravcenko 2017.09.08 12:52 
 

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[Excluído] 2017.08.20 22:29 
 

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Ali irwan
5135
Ali irwan 2017.07.30 02:32 
 

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Nork
6194
Nork 2017.07.22 19:36 
 

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Responder ao comentário
Versão 1.5 2019.02.06
Added clues that appear after placing the advisor or his settings. You can disable by set ShowInfo = false.
Versão 1.4 2019.01.30
More information is displayed.
Versão 1.3 2019.01.19
Some corrections are made.
Versão 1.2 2017.06.06
Removed minimum deposit limitation (100 USD).
Versão 1.1 2017.05.19
Fixed the comment when opening a deal.