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Bollinger Bands Tunnel EA

3.5
Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the trade is also simple. When the price crosses the upper line the EA will close the BUY positions. When the price crosses the lower line the EA will close the SELL positions. There are also TakeProfit and StopLoss parameters which are optional. If you set anything the EA will also use them for closing the trades.

Bollinger Bands Tunnel EA is optimized only for EURCHF currency pair. EURCHF currency pair is a well known ranging pair. This strategy is best for ranging markets. It can be used with any currency pairs and forex instruments which are in ranging periods. But you must do your own optimization for other pairs and instruments.


Recommended timeframe: H1

Recommended backtest method: H1 by every tick

Supported currency pairs: EURCHF


Top Features

  • Strong, pure and simple trading logic
  • Money Management System
  • High spread and slippage protection
  • Uses Most Popular Forex Indicator Bollinger Bands


Bollinger Bands Tunnel EA Settings

==== Risk Management ====

  • FixedLots - fixed trading volume (works if AutoMM1=0).
  • AutoMM – values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).

==== General Settings ====

  • LongTrades – true/false to enables/disables the long trades.
  • ShortTrades - true/false to enables/disables the short trades.
  • Magic - magic number - it is extremely important to keep this different for all robots.
  • MaxSpread - maximal allowed spread for position opening.
  • Slippage – maximal allowed slippage for position opening.
  • StopLoss - stop loss value in standard 4 digit pips. It is an optional parameter.
  • TakeProfit – take profit value in standard 4 digit pips. It is an optional parameter.
  • EA_Comment - text which will be added as a comment to each trade opened by Bollinger Bands Tunnel EA.

==== Bollinger Bands Settings ====

  • BBands_TimeFrame – The time frame of Bollinger Bands indicator.
  • BBands_Period - The period of Bollinger Bands indicator.
  • BBands_Deviation - The deviation of Bollinger Bands indicator.
  • BBands_AppliedPrice - The applied price of Bollinger Bands indicator.
  • BBands_MaxWidth – The max allowed width of the Bollinger Bands indicator (the difference in pips between upper and lower line) when the EA can trade.
  • BBands_MinWidth - The min allowed width of the Bollinger Bands indicator (the difference in pips between upper and lower line) when the EA can trade.
  • MaxVolatilityIndex – The volatility index of the current market. If you set small value the EA will trade rare but with higher precision. If you set big value the EA will trade often but with less precision.


If you like my product, please write a review! I will be very grateful!

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İncelemeler 2
Jmd1937
64
Jmd1937 2022.11.17 17:53 
 

Didn't run it for long, was impatient with the performance. Now after testing/demo'ing lots of other EAs coming back to this one, in demo and bringing patience, 'cause the stat is good (2.5 pf)- thanks! going to try others now as well!

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Alexander Buseinus
A professional Expert Advisor designed for trading any instrument of the Metatrader 4 platform. Work Features: A large number of input parameters, with a wide range of settings, allow you to work on all instruments with any broker trading conditions. Depending on trading conditions, it can work with direct market positions or dynamic pending orders. When switching the corresponding input parameter, the Expert Advisor always opens only one trading position at a time, or it can open many posit
Dear Traders, I am very pleased to introduce our latest project to you. EA BitBull . Real cryptocurrency trading has now become a reality! Signals: Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price will steadily increase to limit sales. Next price is   790 USD . With the help of our esteemed partners from all over the world, we have succeeded in developing an innovative crypto strategy. This strategy seam
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
GRain EA MT4
Roman Erokhin
4.63 (8)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
FT Gold Robot MT4
Marzena Maria Szmit
4.53 (36)
Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
EA Black Dragon
Ramil Minniakhmetov
4.78 (508)
EA Black Dragon, Black Dragon göstergesinde çalışır. EA, göstergenin rengine göre bir ticaret açar, ardından emir ağını artırmak veya zararı durdur ile çalışmak mümkündür. ÖNEMLİ! Talimatları ve bonusu almak için satın aldıktan hemen sonra benimle iletişime geçin! Gerçek işin izlenmesi ve diğer geliştirmelerim burada görüntülenebilir: https://www.mql5.com/en/users/mechanic/seller Tüm ayarlar burada bulunabilir! Gelen parametreler: · Yeni seri aç - Doğru/Yanlış - tüm siparişler kap
" Silicon Ex ": Your Reliable Assistant in the World of Forex Silicon Ex is a modern trading bot, specially created for traders in the Forex market. This innovative tool serves as a reliable partner for those who strive for efficient and automated trading. Key Features of "Silicon Ex": Reliability and Stability: Created using advanced technologies that ensure stable and reliable operation in the market. Intelligent Risk Management: Built-in money management system (Money Management) allows yo
XG Gold Robot MT4
Marzena Maria Szmit
4.48 (27)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Network AI
Vasiliy Strukov
4.84 (167)
Ağı, haberler sırasında yayınlanan makroekonomik verileri analiz etmek ve bunlara dayalı alım satım kararları almak için yapay zeka ve sinir ağlarının gücünü kullanan gelişmiş bir sistemdir. Uzman Danışman, alım satım için bir haber çıkışı kullanır ve bu nedenle strateji test cihazında test edilemez. İş için Danışman Uygula'yı etkinleştirmek için "Web isteğine izin ver" seçeneğini işaretleyin ve    https://sslecal2.investing.com/    https://www.worldtimeserver.com/    WebRequest için URL'ler
News EA MT4
Marzena Maria Szmit
5 (4)
In the volatile world of Forex trading , high-impact news events can lead to significant market movements and opportunities. News EA MT4 is a perfect Forex robot specifically designed to capitalize on these moments of market turbulence. Equipped with cutting-edge algorithms and real-time news integration, News EA MT4 offers traders the edge needed to navigate during major economic announcements. Directly linked to major financial news sources, ensuring immediate response to high-impact events. H
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. The strategy was Back-tested Stable from 2008 to 2022 using every tick based on real ticks in MT4 using Dukascopy Real Ticks 100% tick quality. Live trading is going well on many different brokers IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - Trend trading, only follow trend to
Diamond PRO
Fanur Galamov
4.84 (19)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Yazarın diğer ürünleri
PROMOTION: BUY 1 GET 1 FREE! --> Buy Infinity Trader EA with -50% OFF + 1 FREE EA! NOTE: Promo price: $247 ( Regular Price: $497) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI , providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remark
PROMOTION: BUY 1 GET 1 FREE! --> Buy Infinity Trader EA with -50% OFF + 1 FREE EA! NOTE: Promo price: $247 ( Regular Price: $497) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remarka
Forex GOLD Investor
Lachezar Krastev
4.42 (33)
PROMOTION: BUY 1 GET 1 FREE! --> Buy Forex GOLD Investor with -50% OFF + 1 FREE EA! NOTE: Promo price: $247 ( Regular Price: $487) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens
GOLD Scalper PRO
Lachezar Krastev
4.6 (25)
PROMOTION: BUY 1 GET 1 FREE! --> Buy GOLD Scalper PRO with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed es
GOLD Scalper PRO MT5
Lachezar Krastev
4.45 (20)
PROMOTION: BUY 1 GET 1 FREE! --> Buy GOLD Scalper PRO with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! GOLD Scalper Pro  is a very effective and profitable trading strategy, professionally developed especially for trading  GOLD (XAUUSD) . I have used the most proven trading principle since the market exist – namely a position entry in the direction of a distinctive market impuls
PROMOTION: BUY 1 GET 1 FREE! --> Buy News Scope EA PRO with -50% OFF + 1 FREE EA! NOTE: Promo price: $157 ( Regular Price: $327) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! For Settings, Instructions and LIVE Results Click Here! News Scope EA PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! News Scope EA PRO is a very effective and potentially highly profitable strategy for
News Scope EA PRO
Lachezar Krastev
3.9 (10)
PROMOTION: BUY 1 GET 1 FREE! --> Buy News Scope EA PRO with -50% OFF + 1 FREE EA! NOTE: Promo price: $157 ( Regular Price: $327) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! For Settings, Instructions and LIVE Results Click Here! News Scope EA PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! News Scope EA PRO is a very effective and potentially highly profitable strategy for
PROMOTION: BUY 1 GET 1 FREE! --> Buy Forex Trend Detector with -50% OFF + 1 FREE EA! NOTE: Promo price: $247 ( Regular Price: $487) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! For Settings, Instructions and LIVE Results Click Here! Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliable and consistent performance. I built Forex Trend Detector on a trading s
PROMOTION: BUY 1 GET 1 FREE! --> Buy Forex GOLD Investor with -50% OFF + 1 FREE EA! NOTE: Promo price: $247 ( Regular Price: $487) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
PROMOTION: BUY 1 GET 1 FREE! --> Buy BF Scalper PRO with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon! Don't miss! For more info about the promotion and possible free EAs, contact me! For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in order to improve its overall performance
Omega Trend Indicator
Lachezar Krastev
4.69 (29)
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
MACD Trend EA
Lachezar Krastev
4.5 (2)
MACD Trend EA is based on the popular forex indicator MACD (Moving Average Convergence Divergence). It is fully automated trading expert advisor and completely FREE!  As the name suggests, this expert advisor uses a trend-following strategy and uses the MACD indicator to detect the beginning of uptrends and downtrends. MACD Trend EA Top Features - Trend Following Strategy - Money Management - Advanced Exit System + TP and SL  - Trailing Stop System - Broker protection System - Custom Magic
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BF News Trader EA
Lachezar Krastev
4.25 (8)
BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, exe
FREE
BF Scalper PRO
Lachezar Krastev
4.05 (56)
PROMOTION: BUY 1 GET 1 FREE! --> Buy BF Scalper PRO with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon! Don't miss! For more info about the promotion and possible free EAs, contact me! For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in order to improve its overall performance
PROMOTION: BUY 1 GET 1 FREE! --> Buy Forex Trend Detector with -50% OFF + 1 FREE EA! NOTE: Promo price: $247 ( Regular Price: $487) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! For Settings, Instructions and LIVE Results Click Here! Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliable and consistent performance. I built Forex Trend Detector on a trading s
Omega Trend EA
Lachezar Krastev
4.63 (8)
PROMOTION: BUY 1 GET 1 FREE! --> Buy Omega Trend EA with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Signal Account:  https://www.mql5.com/en/signals/1914271 For Settings, Instructions and additional LIVE Results Click Here! Omega Trend EA is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! Omega Trend EA is a pro
PROMOTION: BUY 1 GET 1 FREE! --> Buy Trend Matrix EA with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Trend Matrix EA is more than just a forex robot; it's your key to mastering the art of trend-following trading. Developed to excel in the fast-paced and ever-changing forex markets, this expert advisor for MetaTrader 4 and 5 terminals is designed to spot and capitalize on trends
Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that “highly profitable – low risk strategy” is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management
FREE
Market Insider
Lachezar Krastev
3.55 (11)
Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig
FREE
Trend Power Bot
Lachezar Krastev
2.56 (9)
Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)
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PROMOTION: BUY 1 GET 1 FREE! --> Buy Smart Scalper PRO with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Smart Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things. Smart Scalper PRO is the professional version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements.
PROMOTION: BUY 1 GET 1 FREE! --> Buy Trend Reader Indicator with -50% OFF + 1 FREE EA! NOTE: Promo price: $147 ( Regular Price: $297) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Trend Reader Indicator is a revolutionary trading indicator designed to empower forex traders with the tools they need to make informed trading decisions. This cutting-edge indicator utilizes complex mathematical calculations and the Average True Range (ATR) indicator to
PROMOTION: BUY 1 GET 1 FREE! --> Buy Trend Matrix EA with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Trend Matrix EA is more than just a forex robot; it's your key to mastering the art of trend-following trading. Developed to excel in the fast-paced and ever-changing forex markets, this expert advisor for MetaTrader 4 and 5 terminals is designed to spot and capitalize on trends
PROMOTION: BUY 1 GET 1 FREE! --> Buy Smart Scalper PRO with -50% OFF + 1 FREE EA! NOTE: Promo price: $197 ( Regular Price: $397) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Smart Scalper PRO is the PRO version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Smart Scalper PRO is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market i
PROMOTION: BUY 1 GET 1 FREE! --> Buy Trend Reader Indicator with -50% OFF + 1 FREE EA! NOTE: Promo price: $147 ( Regular Price: $297) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Trend Reader Indicator is a revolutionary trading indicator designed to empower forex traders with the tools they need to make informed trading decisions. This cutting-edge indicator utilizes complex mathematical calculations and the Average True Range (ATR) indicator to
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Jmd1937
64
Jmd1937 2022.11.17 17:53 
 

Didn't run it for long, was impatient with the performance. Now after testing/demo'ing lots of other EAs coming back to this one, in demo and bringing patience, 'cause the stat is good (2.5 pf)- thanks! going to try others now as well!

saomaiap
164
saomaiap 2022.06.20 09:00 
 

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