Bollinger Trend EA 2.9
Overview
This expert advisor trades using the free Bollinger Trend Indicator, and implements many other useful features for the exigent trader, like customizable trading sessions and days, several trading behaviors and a martingale mode.
Easy to use and supervise
Customizable trading direction
Customizable indicator settings
Customizable break-even, SL, TP and trailing-stop
Built-in money management
Works for ECN/Non-ECN brokers
Works for 2-3-4-5 digit symbols
Filter trading by forex sessions
The EA implements four different trading behaviors:
Regular: The EA will buy at bullish signals and sell at bearish signals
Inverse: The EA will sell at bullish signals and buy at bearish signals
Only Buy: The EA will buy at bullish signals and disregard bearish signals
Only Sell: The EA will sell at bearish signals and disregard bullish signals
The EA implements four 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
Inverse Martingale: The EA will double the lotsize after a winning trade
Additionally, the EA implements time filter controls:
Enable or disable trading during the Asian Session
Enable or disable trading during the European Session
Enable or disable trading during the American Session
Input parameters
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.