Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
The Expert Advisor opens trades based on the Bollinger Bands signals and RSI.
But it's not simple.
The EA has been developed and optimized for
Currency: USD/JPY
Timeframe: M15
Indicator parameters
Sell Entry Bands - Default value is 2.1.
Sell Exit Bands - Default value is 2.3.
Buy Entry Bands - Default value is 2.3.
Buy Exit Bands - Default value is 2.9.
RSI Sell Exit Point - Default value is 10.
RSI only Sell Exit Point - Default value is 70.
RSI only Buy Exit point - Default value is 10.
Sell Entry RSI - Default value is 10.
Buy Entry RSI - Default value is 40.
Sell Stop loss - stop loss of sell = Bid*(1+SLrateS). Default value is 0.05.
Buy Stop loss - stop loss of buy = Ask*(1-SLrateB). Default value is 0.03.
TrailingStop Sell start - when sell, Traingling start point. Default value is 0.001.
TrailingStop Buy start - wehn buy, Traingling start point. Default value is 0.006.
TrailingStop Sell - when sell, (Ask+TrailingStopS*Ask,Digits). default value is 0.01. Trailing start is EA deciding.
TrailingStop Buy - when buy, (Bid-TrailingStopB*Bid,Digits). default value is 0.005. Trailing start is EA deciding.
FixLot - fixed lot size. Default value is 0.1.
In particular, you can use without having to change any parameters.
