Bollinger bands ea mt4
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It works by classic principle, buy trade when price is crossing the upper band from below, sell trade when price is crossing the lower band from above. All the settings like period, shift and deviation you will be able to change in the EA inputs menu. The Bollinger Bands indicator is a very powerful tool to recognize the trend's direction of the market.
It can be used for various types of forex strategies.
It shows when price is overbought and oversold. You can find this indicator in every MT4 and MT5 terminal.
Trade logic of this forex robot
Or you can read a more detailed instruction on how to perform the installation. If you are interested in building your own expert advisor or knowing more about how to do it, check our MT4 Expert Advisor Template.
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- Bollinger Bands EA • Free download?
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No intervention or optimization needed. A Toby Crabel price pattern used to calculate two breakout levels for the current trading day, using the day simple moving average.
Bollinger Bands Breakout MT4 Expert Advisor
Customizable expert advisor that scalps daily breakouts using Toby Crabel opening range breakout strategy. Bollinger Bands EA 4.
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