The Bollinger Bands indicator was invented by John Bollinger in the s. The default settings are 20 for the period and 2 for the deviation. It has 2 different entry strategies. Can you add the third entery as when the canddle pass under the middle BB it will generate sell order and opposite for buy order to follow trend. I think it will confirm the trend and have better outcome. Hi Yannick, is it possible to open more than 1 position by chart with the free version??
No, the basic and pro versions do only open one trade per chart. But it is possible to attach the EA multiple times to the same symbol using different settings and magicNumber. What I need is the EA open 1 position for each signal without closing the last positions when I am in negatif. See the functions glossary.
Hello, I bought Bollinger Bands EA pro but does not have the Martingale function opens a single order, how can I set it to open more orders in increasing batch: The martingale function does not open multiple trades, it only increases or decreases the next trades. Please read more about it here. Does this ea simultaneously open but and sell trade, like if sell trade was opened but not reached its TP, and then buy signal appears, will ea take a buy trade without closing sell trade?
Is it possible to set an entry a number of pips outside the BB? I would like to enter the trade when price is 12pips outside the band. Would I be able to do that with your EA?
I already buy your pro version, I need to know how your martingale works, how to set up the martingale value, if we set the initial lots 0,02 with take profit pips, stop loss pips. You will find all you need here: Its not because of the cent account.
Its because my EA do automatically calculate if you use a 4 or 5 digits broker. On a 4 digits symbol 1 pips is 0. Your email address will not be published. Subscribe to our newsletter.
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Close on middle Band: The trade will be closed if the middle Bollinger Band gets crossed. Close on opposite Band: Note that this Metatrader Expert Advisor does not draw any indicator on the chart. You do not understand all the functions? Take a look at our function glossary. This EA is not pre-optimized. Please read the article about optimization first. The license of every Expert Advisor you download is time limited, but you can re-download newer versions any time in your purchase history.
Version MT4 Basic v1. Changelog Aug 28, Fixed: Martingale function in Pro version Apr 11, Added: Reverse on opposite signal MT4 Pro Added: Looking for more Free Expert Advisors? Need a good Forex Broker for your trading tools? Leave a Reply Cancel reply Your email address will not be published.