Description
Neo Bollinger EA_ex4: Advanced Trading Strategy with Bollinger Bands and Custom MQL Code.
📈 What is Neo Bollinger EA?
Thank you for reading this post, don't forget to subscribe!The Neo Bollinger EA is an Expert Advisor (EA) developed using the Fxdreema tool and compiled into an EX4 file for the MetaTrader 4 platform. This EA implements a trading strategy based on Bollinger Bands combined with complex trading conditions using Custom MQL Code. It features dynamic trading conditions to adapt to various market environments, offering robust buy/sell opportunities.
🔍 EA Structure
The Neo Bollinger EA is structured with the following key components:
- Order Execution with Bollinger Bands:
- Uses the “For Each Trade” condition to assess the distance from open price (Pips away)
- Determines whether to execute a Buy Now or Sell Now order
- Filters orders using advanced technical conditions such as Condition and Formula
- Custom MQL Code Integration:
- Utilizes MQL code for complex trade conditions including Variable adjustments and Looping to test conditions multiple times (“n” times)
- Automated Trade Management:
- Uses Check trades count and Check profit (unrealized) to monitor trade volumes and unrealized profits
- Automatically closes orders upon reaching the target profit using Close trades and For Each Trade functions
🌟 Key Features of Neo Bollinger EA
- Flexible Trading Strategy: Combines Bollinger Bands with customizable technical conditions
- Advanced Custom MQL Code: Enhances calculation complexity and trade condition settings
- Automated Order Management: Prevents duplicate trades and auto-closes orders at desired profit levels
- Full Input Customization: Allows parameter adjustments to align with user-specific strategies
💼 Technical Information
- Recommended Initial Capital: $1000 USD per 0.01 lot (Standard)
- Lot Size Type: Autolot automatically adjusts lot size based on capital
- Trade Closing System: Dynamic Stoploss & Trailing Stop
- Trading Symbol: EURUSD
- Timeframes: 1 Hour
⚠️ Warnings and Precautions
- Users are fully responsible for trading risks
- Perform Backtesting with Tick Data 99.9% before live trading
- It is recommended to start with a Demo Account before using a Real Account
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👉 Download the MQL File Now: MQLRobot.com
Neo Bollinger EA, Automated Trading, MQL4, Expert Advisor (EA), Bollinger Bands, Custom MQL Code, Dynamic Stoploss, Trailing Stop, Autolot System, EURUSD, Forex Trading
