We have just released an innovative Expert Advisor exclusively designed for the Forex Tester software. It is a fully automated Forex trading robot with a built-in Bollinger Bands indicator.
This strategy is:
✅ Equipped with customizable SL, TP, Break-Even, Trailing Stop, and money management features.
✅ Designed with all required functions to manage positions.
The BB strategy can:
Monitor price volatility when it reaches the Bollinger Bands lines.
Check ready-formed bars and current price position. All you need to do is to select the BB line (Top or Bottom) and crossing type for every trade type.
Show when it is safe to buy, safe to sell, or stay out of the market.
Allow choosing whether you should close a position by momentum or have several positions of the same type.
There are several modes that you can choose in “Cross Type”:
Current price and BB line crossing (Current Breakout).
Closing of the last bar above/below the line (Close Above/Below).
Price and the last crossed bar crossing (Bar Cross).
We have equipped our EA with more than 14 additional parameters. So, you can change them at your will.
If you want to familiarize yourself with all the parameters in detail, check this document:
Contact us via firstname.lastname@example.org
Have a nice trade — with 4xDev.
Indicators coded by community members
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