Bollinger Bands EA v5.2
This EA trades using the Bollinger Bands indicator. It offers many trading behaviors and flexible position management settings, plus many useful features like customizable trading sessions and a martingale mode.
Easy to use and supervise
Fully customizable indicator settings
Customizable break-even, SL, TP and trailing-stop
Works for ECN/Non-ECN brokers
Works for 2-3-4-5 digit symbols
Trading can be NFA/FIFO Compliant
Implements multi-timeframe filters
Filter trading by forex sessions
Built-in money management
The EA implements four different trading behaviors:
Regular: The EA will sell over the upper band and buy below the lower band
Inverse: The EA will buy over the upper band and sell below the lower band
Only Buy: The EA will buy below the lower band and ignore the upper band
Only Sell: The EA will sell above the upper band and ignore the lower band
Additionally, it implements four different money management
modes:
Trade manual lotsize: The EA will trade a fixed lotsize on each trade
Auto-calculation of lotsizes: The EA will risk % of the account on each trade
Martingale: The EA will double the lotsize after a losing trade
When loading the expert to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.