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MAGIC Bollinger Basket

MAGIC Bollinger Basket


Tired of loosing?

Here comes the solution.

An EASY to use like the ABC fully automated EA.


The MAGIC Bollinger Basket EA is a fully automated Expert Advisor with the use of a martingale system as an option.

The Bollinger Band and the RSI indicator are used for entries. 


The advantage of a Basket Trader, is the function to calculate for all open trades of the same symbol and the same direction a break even point. 

From there the defined TakeProfit will start. It is like trading 1-2-3-4-5, you name it, open Positions as one single Position.

The potential of a Basket Trader is enormous. 


Example: long, TP 25 pips

EURUSD first trade at 1.125 => TP at 1.1275 trade is going in the wrong direction, but don't worry.

EURUSD second trade at 1.12, 

here the basket function starts working and calculate for both trades the following:

Break even 1.1225 => TP at 1.125



This is an EA which you set up and forget about. Let the robot do its job.


General Recommendations

Default settings recommend for EURUSD M15.


Input parameters

The product works all Forex pairs. Specify values in pips and it will automatically recalculate everything nevertheless what digit broker you are using.


You can use 3 risk levels:

1) A for Aggressive Trading Mode which includes the Mrtingale Function (the multipli will be defined by you) 

2) B for Balanced Trading Mode. The Position size quals the open position number. Trade 1 you start with 0.01 lot, means that Position 2 will have the size of 0.02 lot

3) C for the Conservative Trading Mode. You will define a Position size which will not change. All Poitions will open with the defined size.


Money Management:

you can choose between Trading Modes A, B or C.

  1. A_Aggressive Mode, B_Balance Mode, C_Conservative mode 
  2. Stopploss the standard is set to 250, to allow the Basket Trader to do his work
  3. Takeprofit the standard is se to 25
  4. Calculator for Martingale the standard is set to 25 % Trail. This results in a Multiplier for the next Martingale position of 3.
  5. Number of Max allowed trades at the same time. Standard set on 5


Bollinger Band setting:

you can choose and change the Bollinger Band Period and Deviaton. Standard is set to 20 and 2.


RSI setting:

You can choose and change the RSI Period, the High and Low Level. Standard is set to Period = 14; High = 85 and Low = 15. These settings showed the best result in EURUSD M15.


Extras:

  1. Show comment the standard is set to true. You should deactivate it when runnig the tester. In the live version it is quite usefule as it is showing:
  2. Total open buy order
  3. Total open buy lots
  4. Break Even of buys
  5. Total open sell orders
  6. Total open buy lots
  7. Break Even of sells
  8. Account balance
  9. Number of Max allowed trades 
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4.76 (91)
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  (positions are sent from our database t
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Marzena Maria Szmit
4.58 (102)
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Hamza Ashraf
4.42 (19)
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Ivan Bebikov
5 (6)
Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/2264971 My other products    -      click here Keep in mind that the results on different brokers may differ, I recommend testing on your broker before using it (you can ask me for a list of recommended brokers in the PM). Read the blog post with the description of the adviser before starting work and if you have any additional questions, write to me in the PM. A fully automatic Expert Advisor that does not require additional
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Dolores Martin Munoz
5 (13)
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Pablo Dominguez Sanchez
4.88 (33)
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Herlina Sari
5 (3)
ONLY 2 COPIES OUT OF 10 LEFT AT $499, NEXT PRICE $699 Synthara MT5 EA is Fully Automated Expert Advisor specifically designed to run on the XAUUSD/GOLD pair.  Hello everyone, I am currently launching the newest and best product from its predecessor. Synthara MT5 EA is more selective and accurate in signal entry and better in managing existing transactions. Synthara MT5 EA analyzes markets based on trends, overbought and oversold zones and price action. Synthara MT5 EA Live Signal with Default Se
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2.61 (54)
Após anos operando manualmente com ouro e observando cada movimento, finalmente decidi transformar minhas estratégias comprovadas em uma solução automatizada. Tive a sorte de conhecer um programador excepcional que compartilha minha paixão pelos mercados. O que começou como conversas casuais sobre trading transformou-se em uma parceria que levou à criação do Goldenity, um sistema sofisticado impulsionado por IA que combina minha experiência em trading com tecnologia de aprendizado de máquina de
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Dolores Martin Munoz
4.17 (12)
Alpha Flow EA: Eleve Suas Operações de Trading a Novos Patamares Apresentamos o Alpha Flow EA , um consultor de trading de última geração projetado para transformar sua experiência no mercado financeiro por meio de precisão estratégica, adaptabilidade e análise avançada de mercado. Desenvolvido com algoritmos proprietários e profundas percepções de mercado, o Alpha Flow EA oferece desempenho excepcional em diversos cenários de negociação, ajudando você a se manter à frente das tendências do merc
Vortex Gold EA
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5 (11)
Vortex - o seu investimento no futuro O Consultor Especialista Vortex Gold EA foi criado especificamente para negociar ouro (XAU/USD) na plataforma Metatrader. Construído com indicadores proprietários e algoritmos secretos do autor, este EA emprega uma estratégia de negociação abrangente concebida para captar movimentos lucrativos no mercado do ouro. Os principais componentes de sua estratégia incluem indicadores clássicos como CCI e Indicador Parabólico, que trabalham juntos para sinalizar com
The Infinity EA MT5
Abhimanyu Hans
3.75 (48)
Tecnologia orientada por IA com ChatGPT Turbo Infinity EA é um Expert Advisor avançado de trading projetado para GBPUSD, XAUUSD e AUDCAD. Ele se concentra em segurança, retornos consistentes e lucratividade infinita. Ao contrário de muitos outros EAs, que dependem de estratégias de alto risco, como martingale ou grid trading. Infinity EA emprega uma estratégia de scalping disciplinada e lucrativa com base em rede neural incorporada em aprendizado de máquina, tecnologia baseada em IA de análise
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Versão 2.1 2019.08.27
Version 2.1
- new Trading Overview in an ApWindow