- June 3, 2013
- Posted by: Forex Wiki Team
- Category: Expert Advisor
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This is my best EA so far......It trades breakout of bollinger bands.
It will trade any price breakout of BB, along with some filters for confirmation,
and execute 4 orders(1 trade and 3 stops). If there is a false breakout,
you will(in most cases) lose only one trade, while the others will be closed
automaticaly, But if there is a true breakout, price will activate stops
while ea trails all trigered orders. I tested this on few main pairs,
and all of them ended in nice profit.
Users of 4 num brokers must change all TPSL and all stops by
removing one zero from each variable!
Works best on 30min TF for EURUSD pair!!!There are some minor errors within first movestop, but it seems
not to interfere with profitability of the method.
Im opened for suggestions and help regarding the ea.
removing one zero from each variable!
Works best on 30min TF for EURUSD pair!!!There are some minor errors within first movestop, but it seems
not to interfere with profitability of the method.
Im opened for suggestions and help regarding the ea.
Attached File
BBP_BolingerBreakoutPyramid EA.mq4 Â 20 KB | 1,595 download