BollSto EA MT5
- Uzman Danışmanlar
- Miss Supatcha Pigulkaw
- Sürüm: 1.2
- Güncellendi: 15 Aralık 2023
- Etkinleştirmeler: 10
EA Grid- BollSto is a hybrid strategy that has been tested and optimized using 100% History Quality from 2008 to 2023. Its main signal is based on Bollinger Bands, with Stochastic as a confirming signal to identify trends. It can be used on various timeframes such as M15, M30, H1, H4, and D1, with customizable settings.
* Recommended to use 1 timeframe per 1 account to limit risk.
The risk management system allows you to choose your preferred risk level. The user-friendly interface, coupled with high-quality stability and real-time processing modules, provides a wide range of configuration options. For traders seeking consistent profitability and reliability, try our EA and enhance your trading potential significantly!
Supported currency pairs: AUDCAD
Most recommended timeframe: M15
Live Signal: https://www.mql5.com/en/signals/2126182
MT4 Version: Click Here
Backtest
- Modelling quality: 100% History Quality
- Spread: Variable
- Time Period: 2008 – 2023.10
- Symbol: AUDCAD
- Timeframe: M15
- Dynamic lot: Dynamically sets the lot size based on the current balance.
* Backtests should be done with Tick Data Suite GMT+2 with US DST. This GMT offset is used by most brokers
Setting
- Risk Management: Customize the level of risk according to your trading preferences.
- Take Profit for Initial Trade: Set the take profit level in pips for the initial trade.
- Take Profit for Pips as Position: Specify the average profit in pips that you want to achieve when opening multiple orders (2-3 orders).
- Bollinger Bands Period: Determine the period of the Bollinger Bands used to calculate the upper and lower levels.
- Stochastic Period: Set the period for the %K line of the Stochastic indicator used to generate secondary signals for confirming trend reversals.
- Trade Distance: Define the minimum distance in pips between trades.
- 2nd Trade Multiplier: Specify the multiplier for the lot size of the second trade.
- 3rd - 5th Trade Multiplier: Set the multiplier for the lot size of the third to fifth trades.
- 6th Trade Multiplier: Determine the multiplier for the lot size of the sixth trade and subsequent trades.
- Stop Loss: Enable this option if you want to set a stop loss to limit potential losses.
- Percent Stop Loss: Specify the percentage of your account balance that you are willing to risk as a stop loss.
- Initial Trade Setting: Set the option to trade every weekday.
- Trade Count for Closing: Determine the maximum number of orders you are willing to have at risk, and if this limit is reached, the EA will close the orders at breakeven.
- Percent Profit for closing: Set the average profit percentage at which you want to close the orders at breakeven.
- Maximum Slippage in pips: Specify the maximum allowed slippage in pips for the next open trades.
*** The only thing I recommend you adjust in this EA is to choose the lot size setting as you prefer.
Select True for your desired risk management setting: either Select_Risk_Setting, Select_Percent_Setting, or Select_Fix_initial_lot (choose only one to be True).
Once you've selected True, choose the risk level or input a numeric value under that option.
Recommend
- Currency Pairs: AUDCAD
- Timeframe: M15
- Account Type: Any, with a minimum spread (preferably ECN/Raw)
- Leverage: 1:100 is recommended
- Settings: Default
- Minimal/Recommended Deposit: $1500 or 1500 US Cent
