Bollinger Bands N Positions v2 - MetaTrader 5 Expert - MT4/MT5 Resources
Further development of Bollinger Bands N position .
Expert Advisor based on iBands (Bollinger Bands) indicator. After receiving a signal, the EA closes the opposite position (see "Functions" for details).
Testing in the first half of EURUSD from June 6, 2017 to April 10, 2018 using default parameters:
Attachment download
📎 bollinger_bands_n_positions_v2.mq5 (33.79 KB)
Source: MQL5 #20353
Bollinger Bands N Positions v2 - MetaTrader 5 Expert Usage and Filtering Advice
Bollinger Bands N Positions v2 - MetaTrader 5 Expert is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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