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MetaTrader 5 Expert Advisor | BollingerBandsEA

Update:

  • The positions will only be opened after the bearish or bullish candle.
  • Indicators such as Moving Average and Bollinger Bands removed from the chat after closing the EA.
  • Small errors with closing the positions after time.

BollingerBandsEA trades according to Bollinger Bands. If the lower line is broken downwards, ES places a buy order and vice versa the sell position.

The following settings are integrated:

  • Magic number
  • Fixed volume
  • Procent volume
  • Volume type
  • Risk for Position
  • Lots
  • Stoploss in points
  • Trading (minutes) begins after session start
  • Trading (minutes) end before session
  • Close position after indicator
  • Allow trailing stop?
  • Profit factor (RR) after stop is pulled
  • Allow breakeven?
  • Profit factor (RR) after stop is pulled
  • Close position if it is in minus (after minutes)

MetaTrader Experts, Indicators, Scripts and Libraries

Please only try in the backtester or demo account!

I hope you have fun trying it out.

PS: There was a typo in the first version. You can download the second version.

Regards, Igor

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