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Bollinger Fading EA

The Bollinger Fading EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the H1 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Not sensitive to spread
  • Always a stop loss in place
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of lots for the first trade in a group. Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • MoneyManagement - If turned on trade lot sizes are calculated on account risk, true/false.
  • MoneyManagementRisk - Risk per trade if money management is on. Values from 0.01 to 0.1.
  • AllowNewTrades - Turn this of to disable new trade groups, true/false.
  • AccountProfitLock - If money management is on the EA will stop trading if the account balance drops to this fraction of the maximum account balance (0.5 = 50% of account balance). Values from 0.0 to 1.0.
  • StartLotBasedOnBalance - If enabled lots are increased based on the account balance, true/false.
  • StartLotBalance - Account balance per lot increase. Values 200 to 2000.
  • PositionComment - Allows you to set the position comment.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TakeProfit - The take profit (Setting to 0 disables). Values from 2 to 500 depending on the pair being traded.
  • StopLoss - The fixed stop loss - Values 25 to 4000 depending on the pair being traded.
  • Averaging - If turned on averaging is used to recover negative trades, true/false.
  • AveragingStep - The negative move in pips against the current trade to trigger the next averaging trade. Values 5 to 100.
  • AveragingMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.
  • TimeAveraging - If turned on time averaging is used to recover negative trades, true/false.
  • TimeAveragingStep - The negative move in pips against the current trade to trigger the next time averaging trade. Values 5 to 100.
  • TimeAveragingMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.
  • BollingerPeriod - The Bollinger Band period used as entry signal - Values 1 to 40.
  • BollingerDeviation - The Bollinger Band standard deviation used as entry signal - Values 1.0 to 3.0.
  • RSIPeriod - The RSI period used as entry signal - Values 1 to 40.
  • RSIThreshold - The RSI threshold used as entry signal - Values 1 to 40.
  • StopLossType - The Stop Loss modification when averaging - STANDARD=No modification.

Optimization & Defaults

Default input values are for EURUSD H1. If optimizing, optimization of RSIPeriod, RSIThreshold, BollingerPeriod, BollingerDeviation, TakeProfit and TimeAveragingStep are needed to find the best results.

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The Infinity EA MT4
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4.43 (7)
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AW Recovery EA
AW Trading Software Limited
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5 (2)
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1 (1)
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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends . T
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5 (8)
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Bitcoin Smart EA
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5 (3)
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Gold One MT4
Habib Gholamali Heidari
3.3 (10)
Gold One  MT4 Olá a todos os entusiastas de negociação de ouro no Forex, Bem-vindos ao nosso robô, onde você se une às fileiras dos melhores traders de ouro. Com mais de duas décadas de experiência precisa no mercado Forex, temos o orgulho de apresentar a última geração de robôs de negociação. Características:  Ideal para desafios de empresas de prop trading. Adequado para todos os tamanhos de conta, incluindo capitais baixos. NÃO   Grid e   NÃO   Martingale 100% Totalmente automatizado Este r
CyNera MT4
Svetlana Pawlowna Grosshans
2.8 (15)
CyNera: Seu Trading, Nossa Tecnologia Sinais >400%:  CyNera Sinais >500%: CyNera Turbo Manual e arquivos de configuração: entre em contato comigo após a compra para receber o manual e os arquivos de configuração Preço: O preço aumenta de acordo com o número de licenças vendidas Cópias disponíveis: 4 Negociar ouro, um dos instrumentos mais voláteis do mercado, exige precisão, análise aprofundada e gestão de risco eficiente. O CyNera Expert Advisor integra perfeitamente esses elementos em um sis
Aurum AI mt4
Leonid Arkhipov
4.63 (27)
Aurum AI – O Poder da Inteligência Artificial para o Comércio de Ouro (XAU/USD) Descubra todo o potencial da tecnologia no comércio! Aurum AI é um consultor especializado inovador projetado para desempenho estável e seguro no mercado de ouro. Combina o poder da inteligência artificial, análise precisa de tendências e controle rigoroso de riscos para que cada negociação seja o mais eficaz possível. Promoção Discount - 50%. 3 copies available at a price of $225 Sinal ao vivo com alto risco (reduç
BTC bot mt4
Ramil Minniakhmetov
5 (12)
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Custom EA MT5
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Custom EA é um assessor especialista (EA) totalmente automatizado e personalizável, projetado para traders que buscam controle total sobre suas estratégias de negociação. Ele se integra perfeitamente a indicadores de terceiros, oferece várias estratégias de entrada e saída integradas e inclui recursos avançados de duplicação de operações. Seja automatizando negociações, criando uma estratégia baseada em rede neural ou copiando negociações entre contas, Custom EA é a solução ideal para traders in
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