Bollinger bands unlimited FOREX expert advisor

Expert advisor based on bollinger bands signal, filtered out by simple moving averages. BB will provide us with price tunnel. We will enter major trend based on price closing beyond respective BB boundary signalizing relatively good price within trend for us to enter the trade. Strategy uses aggressive trailing stop without predetermined take profit (it can be set). 

For the best results, trade with professional ECN/STP broker with MT4. If you can't trade with profit. Automatically copy the traders that are already profitable.

 

 

Used forex indicators

Bollinger bands (default period 20) Price closing above upper boundary will trigger the short entry into the major downtrend. Price closing below bottom boundary will trigger the long entry within the uptrend

 

Moving average: works as battle tested and conservative trend filter. Slow MA 520 trending above fast MA 250 in downtrend and vice versa for uptrend. We will take only trend following trades.

 

 

This expert advisor was tested with following settings on 1H EURUSD. Test period: 2013,2014,2015.

 

Notes to inputs:

Use MM: true setting will enable LotsPer1000 – automatic money management. False settings will only allow stable lot size (Lots).

 

 

We recommend you to use this forex strategy with one of our trusted forex brokers (STP/ECN with MT4 bridge).

To win you must trade with broker on your side.

Dislaimer:  Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer.

TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use. 

 

 

 

 

 

Please reload

ABOUT US

THEFOREXKINGS

“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 

 

Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of TheForexkings.com