- BOLLINGER BANDS DEFAULT SETTINGS IN ADVANCED GET MANUAL
- BOLLINGER BANDS DEFAULT SETTINGS IN ADVANCED GET PRO
- BOLLINGER BANDS DEFAULT SETTINGS IN ADVANCED GET PLUS
However, we strongly advise that this Forex trading tool is applied in agreement with other Technical indicators, strategies and tools to arrive at a very position. Since it easily suits traders with varying levels of experience as well carrying money management tasks for the trader. This EA has been found to be quite valuable in Forex trading. Only Sell: the robot sells higher than the upper band while it overlooks the lower band. Inverse: this robot buys over the higher band while it sells lower than the lower band.Ĥ. Regular: this EA sells over the higher band and buys lower than the lower band.ģ. Only Buy: this EA overlooks the upper band and buy below the lower band.Ģ. It has the potential to implement the following four different trading characteristics:ġ. As to simplifies what would have been complex trading sessions. Therefore, it easily guides traders with varying levels of experience into making better decisions. Inverse Martingale: after a winning trade, this robot doubles the lot size.Įnhance your trading returns using the most comprehensive in the family of the EA, just like many traders have already done! Conclusion Of Bollinger Bands EA 2021īollinger Band is a Forex robot that works with the use of Bollinger Band Indicator.
BOLLINGER BANDS DEFAULT SETTINGS IN ADVANCED GET MANUAL
Manual lot size trading: this robot will trade a fixed lot size on a particular trade.Ĥ. Martingale: this EA will double the lot size following a losing trade.ģ. Automatic calculation of lot sizes: This EA will risk percentage ( %) of the trading account on a particular trade.Ģ. This EA implements four diverse money management approaches:ġ. It works on MT4 and MT5 trading platforms. A necessary skill every trader needs, making the EA a very versatile tool for Forex trading.ġ0. Bollinger Band EA boasts of built-in money management. It easily implements multiple timeframe filters.ĩ. Its trading can be both NFA and FIFO Compliant.Ĩ. It works for both ECN and Non-ECN brokers.Ħ. It has the ability to filter trading via forex sessions.ĥ.
With this robot, customizable break-even can be achieved as well as take Profit, Stop Loss and Trailing-Stop.Ĥ. The EA is easy to use as well as supervise anyone with any level of experience can use it.ģ. It comes with completely customizable indicator settings.Ģ. Standard Deviation = a deviation from the major line (the default is two)Īveraging Period = it is the averaging period to evaluate the main line (the default is 20)Īpplied Price = this is the price figures on which mathematical computations will be made Bollinger Band EA Featuresġ. Timeframe = this is the timeframe usable by the EA irrespective of the timeframe your forex chart is fixed to. Fig.1: A chart showing Bollinger band EA Factors for Bollinger Bands EAīands Shift = this is indicator shift comparative to the chart (the default is zero)
BOLLINGER BANDS DEFAULT SETTINGS IN ADVANCED GET PLUS
It includes many valuable features such as customizable market trading sessions plus a martingale mode. The EA offers several trading behaviours as well as adjustable position management settings.
BOLLINGER BANDS DEFAULT SETTINGS IN ADVANCED GET PRO
Conversely, a Buy Order is initiated when the close/end of the last bar is lower than the lower band.Įxit strategies: (available only on MT4 Pro and MT4 Advanced) Bollinger Band EA possesses two diverse exit strategies.Ĭlose/End on opposite Band: a trade will be closed when a candle finishes below or higher than the opposite Band.Ĭlose/End on middle Band: a trade will be closed when the intermediate or middle Bollinger Band is crossed. Conversely, a Buy Order is initiated when the last bar moves across the below or lower band from beneath.īreak Out: a Sell Order is initiated when the last bar ends higher than or above the higher band. They include:īreak In: a Sell Order is initiated when the last bar moves across the higher or upper band from above it. It opens or closes trading positions automatically due to signals received from the Bollinger Bands Indicator.Įntry Strategies this robot comes with two (2) diverse entry strategies.
The Insights Of Bollinger Bandīollinger Band is known a popular robot that utilizes Bollinger Bands to enter trades. Bollinger band EA is a trading tool that possesses an impressive ability to boost the profit potential of a Forex trader. And hence, Bollinger Bands EA is amongst a very popular choice.Ī trader, therefore, ought to identify a tested tool that will ensure the elimination of losses or reduction to as minimal as reasonably practicable. The market is littered with many indicators, which come with varying degrees of strengths and weaknesses. Traders of the Foreign Exchange, who make use of technical analysis method are always reviewing their strategies and tools to maintain an unbroken streak of profitability.
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