Trading utilities for MetaTrader 4

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MetaTrader 4

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Information

Experts
MetaTrader 4
Milan Diko
1.2
10

Overview

EA follows trend using Bollinger Bands with specified period and deviation.

Recommended markets are GOLD, DE30 and US indices (strong moves, low costs) !!!

PARAMETERS

  • EA_timeframe  - download M1 data history and select desired timeframe (higher TF more stable results)
  • StartHour         - EA trades from specified hour (default from London open session - UTC2 brokers time)
  • EndHour           - EA trade till  specified hour  (default till NewYork close session - UTC brokers time)
  • CloseTime        - closes trade at specified time in seconds (only if UseTimeExit = True)
  • Lots                 - number of Lots per trade
  • LotsPer100      - exponential MM adjustment of Lots per trade (only if UseExpMM = True)
  • BB_period        - Bollinger bands period
  • BB_deviation    - Bollinger bands deviation
  • StopLoss          - stop loss in points
  • TrailingStop     - trailing stop in points (if UseTrailingStop = True)
  • TakeProfit        - take profit in points
IMPORTANT...Backtest only wiht M1_data or tickdata and 2-3 times normal spread! To get this data for free write me a PM.



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