Bollinger Bands and ATR

Bollinger Bands and ATR Forex Robot

A strong and smart strategy is required to achieve success in the Forex market. "Bollinger Bands and ATR" Forex robot has been developed with an innovative approach that analyzes market volatility and based on trend tracking. This robot determines the most accurate trading opportunities and automatically manages transactions using Bollinger Bands and ATR indicators.

Strategy and Opening Rules

Buy operation: When the candle closure reaches the upper band of the Bollinger Bands and the trend follower uptrend detects the Buy process.

Sell ​​operation: When the candle closure occurs under the lower band of the Bollinger Bands and the trend follower downtrend detects the Sell process.

Volatility Analysis: The average of the ATR value of the last 50 candles is measured and the market volatility is measured. If the market has high volatility, the processes are opened in the trend direction.

Risk Management and Profit/ Damage Stop Mechanism

Stop and Limit Orders: Optionally for optional positions, stop-loss (SL) and Take-Profit (TP) orders can be determined.

SL and TP Determination:

Fixed values ​​in points can be entered according to the user request.

Dynamic SL and TP levels can be created using ATR value coefficients.

Dynamic Trailing Stop: The Trailing stop feature, which varies according to market conditions, is applied separately for each parity and process.

Transaction closure with target value: When the user reaches the target price, the process is automatically switched off.

Percentage profit management: If desired, the percentage of change (% value) can be closed by profit.

Developed Information screen (Display Info)

Thanks to the Display Info option offered by the robot, detailed information can be displayed separately in each parity. Thanks to this screen;

The name of the parity made

Trend direction (uptrend or downtrend)

The instant profit/loss value (positive, negative or neutral) can be monitored with a colored indicator.

Why should you use the Bollinger Bands and Atr robot?

✅ Trend monitoring & Volatility Analysis: Produces the right signals with strong indicators. ✅ Flexible profit & loss management: Fixed score or ATR based SL/TP possibility. ✅ Dynamic Trailing Stop: Smart Stop-Loss mechanism that is instantly adapted to the market. ✅ User -friendly interface: Open operations and trend status easily. ✅ Automatic Management: Automatic closure feature when the target is reached.

INFORMATION:

"This robot works with default settings. Please make adjustments to your risk management and transaction strategy. 

You can observe your performance by testing in the demo account."

I would be very happy if you give it 5 stars.

Good luck...