The Expert Advisor automates the trading process with the Bollinger Bands indicator. The EA allows monitoring price movements concerning Bollinger Bands lines.
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Grab the high-quality EA with the Bollinger Bands indicator that will help you monitor price behavior.
Works on MetaTrader 4®
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The Expert Advisor checks the formed bars and current price position.
The trading robot allows selecting the trade opening point.
There are several operating modes in the Cross Type parameter:
You can choose the BB line (Top/Bottom) and the crossing type for every trade.
If the selected conditions of the in-parameters are met, the Expert Advisor will enter the position.
The trading robot has all the required functions to manage positions.
In addition to the StopLoss and TakeProfit, you can choose whether you should close a position by a counter signal or operate several positions of the same type.
Moreover, the trading robot will allow you to calculate all risks for the position. You can choose the lot calculation based on a fixed amount or a percentage of the balance/equity you are not afraid to lose.
If you are afraid of a price reverse, the BreakEven function is a must-have. It will place the StopLoss level on the opening price after overcoming the distance. In this case, your trade will not lose.
The EA has the Trailing Stop function allowing StopLoss to follow the price.
The EA parameters are divided into several specific categories.
An Example of the Work
Do not stop! Grab a BB Trading Strategy!
A ready-made form will help you not to forget important aspects of your technical specification.
You are free in your final choice and let it be the right one. Everyone profits!
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Please study carefully all information about the Products before purchasing.
The amounts paid for the Products are non-refundable.
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