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Advanced Bollinger Bands RSi EA MT4

[MT5 Version]

Advanced Bollinger Bands RSI EA MT4

Advanced Bollinger Bands RSI EA is an Expert Advisor based on the worldwide known strategy BB & RSI. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or oversold conditions. Both indicators make a great combination to anticipate big explosive moves. Advanced Bollinger Bands RSI EA grants the user the posibity to use 3 different SL modes and 4 TP definitions. This high customization level allows the EA to be adapted, not only to different risk profiles, but also to different pairs and timeframes.

Do you have a  conservative risk profile? Set a fix SL based on price structure or defined by points and a TP based on the middle BB line or on a Risk to Reward ratio.

Do prefer getting notified and take the  final decision yourself? Deactivate Buys and Sells and let the EA notify you of new potential entries

Advanced Bollinger Bands RSI EA  DOES NOT use high risk methods such as Martingale or Grids.

It is ideal for trendy financial assets or for the final phase of a consolidation period.

Really easy to configure

The testing and optimization of the input parameters for the conditions of each user and broker are highly recommended to maximize results.

Some of the features of the EA are as follows:

  • The strategy will 100% be followed regardless of your trading psychology 
  • Save time
  • Highly customizable
  • Hybrid use
  • Functional on all pairs (Crypto, Forex, Stocks, Indices, Commodities...)

Input parameters

Settings:

  • Enable Buys: Enable Buys
  • Enable Sells: Enable Sells
  • SL Mode
    • SL_None: No active SL
    • SL_structure: SL based in price structure
    • SL_points:  SL based on points
  • TP Mode
    • TP_BB_and_RSI_signal: Open positions are closed on new contrary signal
    • TP_BB_band: Open positions are closed when price crosses the opposite band of the BB indicator
    • TP_BB_middle_line:  Open positions are closed when price crosses the middle line of the BB indicator
    • TP_RRR: TP based on RRR
  • SL Points (if SL_points Mode): Points to set SL if SL_points is selected
  • RRR (if TP_RRR): RRR if TP_RRR mode is selected

Risk Management Settings:

  • Lot Size: Position's volume (Must be higher than the minimum and lower than the maximum Symbol Volume)
  • Max position number per direction

RSI Settings: 

  • RSI Period
  • RSI OB: Overbought level
  • RSI OV: Oversould level

    BB Settings: 

    • BB Period
    • BB Mult
    • Price Source
    • MA type

    Notifications:

    • Activate Alerts: Enable signal alerts
    • Activate Notifications: Enable mobile phone notification

      Support and questions

      Do not hesitate to contact me for any questions and support

      Author

      Diego Arribas, private investor and speculator, automation engineer in the aerospace industrie

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      Lo Thi Mai Loan
      5 (4)
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      5 (6)
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      Thi Thu Ha Hoang
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      Aleksandr Chebotaev
      5 (1)
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      Ho Tuan Thang
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      Lo Thi Mai Loan
      5 (6)
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      Sang Sariaji Sakti
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      Mansour Babasafary
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      Abu Talha Md Mahi Uddin
      4 (8)
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      Ahmad Aan Isnain Shofwan
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      MT4 Version Order Blocks Zone Scalper is dedicated to all people who like order blocks trading but do not have the time to stare at the charts every day or the discipline to follow a trading strategy. It is also for everyone who likes to experiment and optimize parameters on their own. If you belong to this type of person, it is your lucky day, as I decided to keep all EA parameters available to you so that you can optimize the EA to your own taste. To understand how this EA works, come read my
      MA Ribbon MT5
      Diego Arribas Lopez
      MT4 Version   MA Ribbon MT5 MA Ribbon is an enhanced indicator with 8 moving averages of increasing periods. MA Ribbon is useful to recognize trend direction,  reversals   and continuation points in the market as well as potential entry, partial take profit and exit points. Entry points for long and shorts position can be found when the price entries or leaves the Ribbon, at retest or a defined number of MA crossovers. It offers a good combination with mostly any volume or momentun indicators to
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      Diego Arribas Lopez
      3.5 (2)
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      Diego Arribas Lopez
      5 (1)
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      Diego Arribas Lopez
      5 (3)
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      Diego Arribas Lopez
      5 (3)
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      MA Ribbon MT4
      Diego Arribas Lopez
      MT5 Version MA Ribbon MT4 MA Ribbon is an enhanced indicator with 8 moving averages of increasing periods. MA Ribbon is useful to recognize trend direction,  reversals   and continuation points in the market as well as potential entry, partial take profit and exit points. Entry points for long and shorts position can be found when the price entries or leaves the Ribbon, at retest or a defined number of MA crossovers. It offers a good combination with mostly any volume or momentun indicators to f
      FREE
      [ MT4 Version ] Only the next 10 units at current price! Final price: $299 Are you tired of spending months on demo or live accounts to test your trading strategies? The Backtesting Simulator is the ultimate tool designed to elevate your backtesting experience to new heights. Utilizing Metatrader historical symbol information, it offers an unparalleled simulation of real market conditions. Take control of your testing speed, test ideas quickly or at a slower pace, and witness remarkable improve
      MT5 Version Fibonacci Bollinger Bands MT4 Fibonacci Bollinger Bands is a highly customizable indicator that shows areas of support and resistance. This indicator combines the logic for the Bollinger Bands with the Fibonacci level. Fibonacci Bollinger Bands is the   first   indicator in the market that allows the user to 100% customize up to 12 Fibonacci levels, the Moving Average type and the price data source to use for the calculations. This flexibility makes the Fibonacci Bollinger Bands easi
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      MT5 Version Elliot Wave Oscillator MT4 Elliot Wave Oscillator MT4 is an indicator designed to support Elliot Wave counts. The default settings help filtering out the noise in the market allowing a clear perception for the waves counts in differnt timeframes.   Elliot Wave Oscillator high customization level allows the you to optimize this indicator to your personal preferences. Shorter Periods and faster reactive MAs will provide more infomation but will require a higher level of experience for
      [ MT4 Version ] Advanced Bollinger Bands RSI EA MT5 Advanced Bollinger Bands RSI EA is an Expert Advisor based on the worldwide known strategy BB & RSI. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or oversold conditions. Both indicators make a great combination to anticipate big explosive moves. Advanced Bollinger Bands RSI EA grants the user the posibity to use 3 differen
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      Diego Arribas Lopez
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      SMT Divergences MT4
      Diego Arribas Lopez
      5 (2)
      MT5 Version SMT Divergences MT4 SMT Divergences is one of the most innovative indicators in the market. It offers the possibility of analyzing price divergences between 2 pairs. These divergences highlight and help to foresee what banks and institutions are planning to do. SMT divergences also provides you with a kill zones indicator and the possibility of filtering divergences occurring during these kill zones.  The strategy tester is limited in MT4. Contact the author to get your Demo Version
      Wave Trend MT5
      Diego Arribas Lopez
      MT4 Version Wave Trend MT5 Wave Trend is an oscillator, which helps identifing in a extremely accurate manner market reversals. The Oscillator being obove the overbought level and a cross down of the fast into the slow MA usually indicates a good SELL signal. If the oscillators is below the oversold level and the fast MA crosses over the slower MA usually highlights a good BUY signal. The Wave Trend indicator can be also used when divergences appear against the price, indicating the current move
      Lumos
      Diego Arribas Lopez
      Lumos Lumos is a multifunctional trading assistant. It gives an overview of the current market situation for a better decision making. The strategy tester only provides a visualization of the application. Lumos is highly customizable and gives you information in multiple timeframes about: MAs, price structure, RSI, RSI MA and an overview of the price distance to possible SLs.
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      Diego Arribas Lopez
      5 (1)
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      Fear and Greed MT4
      Diego Arribas Lopez
      [ MT5 Version ] How to trade using the Fear and Greed Indicator:  Click here Uncertain about when to take total or partial profits? The Fear and Greed is your reliable companion for making confident trading decisions. This innovative tool offers unparalleled insights into market sentiment, helping you identify key pivot zones and optimize your trading strategy. Why Choose Fear and Greed? Revolutionary Market Insight: Sentiment Analysis: The first indicator for that reveals the market's Fear and
      MT5 Version TTM Squeeze Momentum TTM Squeeze Momentum is an enhanced indicator ideal for recognizing consolidation periods in the market and the start of the next explosive move. This improved version is a volatility indicator based on John Carter's "TTM Squeeze" in which the histogram is based on a linear regression rather than a simple momentum indicator. Red dots on the middle line indicate that the market has entered a "Squeeze" zone or consolidation period, indicated in this enhanced vers
      Gaussian Channel MT4
      Diego Arribas Lopez
      5 (1)
      MT5 Version Gaussian Channel MT4 Gaussian Channel MT4 is the first indicator in the market that uses Ehlers Gaussian Filter methods to define trends. Nowadays, this Gaussian Channel is highly known as a method to support HOLD techniques in crypto. If the price is above the channel the trend is strong, if it comes back to the channel this can react as a resistance and indicate the beginning of a bear market (or Winter) if the price breaks below it. Eventhough the use of this channel focuses on
      Williams Vix Fix MT4
      Diego Arribas Lopez
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      Wave Trend MT4
      Diego Arribas Lopez
      MT5 Version   Wave Trend MT4 Wave Trend is an oscillator, which helps identifing in a extremely accurate manner market reversals. The Oscillator being obove the overbought level and a cross down of the fast into the slow MA usually indicates a good SELL signal. If the oscillators is below the oversold level and the fast MA crosses over the slower MA usually highlights a good BUY signal. The Wave Trend indicator can be also used when divergences appear against the price, indicating the current mo
      Multi Timeframe MA MT4
      Diego Arribas Lopez
      MT5 Version Multi Timeframe MA MT4 Multi Timeframe MA MT4 is an indicator that offers the representation of up to 3 MAs with different Periods and Timeframes. This allows the user to reprensent in one chart and timeframe information coming from other timeframes and get notified as any of the MAs crosses another one. Multi Timeframe MA is the   first   indicator in the market that offers Multi Timeframe interactions and a high customization   level from up to 7 different MA types (SMA, EMA, WMA,
      [ MT5 Version ] Structure Breakout  EA MT4 Structure Breakout EA is an Expert Advisor inspired by structure breakout trading. It seeks to capture the explosive movements that follow a period of consolidation. It allows the user to adapt the EA to trend breakouts automatically recognized by the robot or to price structure breakouts. It is also highly customizable, which allows it to be easily adapted to different pairs, timeframes and risk profiles. It is independent of market sessions. The numbe
      [ MT5 Version ] [ EA ] Advanced Bollinger Bands RSI MT4 Advanced Bollinger Bands RSI is an Indicator based on the functionalities of the  Advanced Bollinger Bands RSI EA . The scope of this indicator is to provide a more affordable solution for users interested in the alerts coming out of the strategy but not in Autotrading. This strategy uses the Bollinger Bands indicator in combination with the RSI, the signal triggers only when both the BB and the RSI indicate at the same time overbought or
      [ MT5 Version ] Supply and Demand Multitimeframe Supply and Demand Multitimeframe is the first indicator in the market that combines multiple aspects like trading volume, price structure and momentum to identify Supply and Demand zones for every asset. The Supply and Demand indicator analyzes simultaneously up to 4 different TFs and represents their information in the current graph. Its interactive UI highlights everytime the price enters a Supply or Demand zone even if the zones are not visib
      [ MT5 Version ] Bulls and Bears Power Bulls and Bears Power is an indicator that clearly highlights if bulls or bears are currently in control of the market. A price movement started with high Bulls control in the market can indicate the beginning of a new trend movement. The relative indicator power between price peaks also indicates if the movement is losing strength and might foresee a significant correction or a trend reversal. Bulls and Bears Power indicator offers a clear and simplified vi
      [ MT5 Version ] Ultimate Alpha Trend MT4 Ultimate Alpha Trend is the first trend indicator, which combines volatility, volume, average price and momentum. The results is a highly versatile representation of trendy and sideways market conditions, highlighting, at the same time, significant supply and demand levels. The Ultimate Alpha Trend indicator can be used to find entry oportunities and to set SLs taking into consideration current market volatility, volume and momentum. Besides that, the in
      MT5 Version Order Blocks Zone Scalper   is dedicated to all people who like order blocks trading but do not have the time to stare at the charts every day or the discipline to follow a trading strategy. It is also for everyone who likes to experiment and optimize parameters on their own. If you belong to this type of person, it is your lucky day, as I decided to keep all EA parameters available to you so that you can optimize the EA to your own taste. To understand how this EA works, come read m
      MT5 Version Advanced Range Breakout Advanced Range Breakout allows you to trade breakouts in an impossible way for any human being. This EA focuses on entering breakouts as soon as the price moves over them, keeping a tight trailing stop loss (TSL) to catch as much as possible of breakouts'    characteristic   explosive price movements while protecting the trade if it turns out to be a fakeout. Feel free to get in touch we me to find out how I successfully managed to passed a prop firm challeng
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