Description
Neo Bollinger EA_MQL4: Advanced Trading Strategy with Bollinger Bands and Custom MQL Code.
📈 What is Neo Bollinger EA (MQL4)?
Thank you for reading this post, don't forget to subscribe!The Neo Bollinger EA (MQL4) is an Expert Advisor developed using the MQL4 language through the Fxdreema tool. This EA employs an automated trading strategy using the Bollinger Bands indicator combined with complex trading conditions. Utilizing Custom MQL Code, the EA intelligently adapts to various market conditions and enhances trading performance.
🔍 EA Structure
The Neo Bollinger EA includes the following core components:
- Market Analysis with Bollinger Bands:
- Implements the “For Each Trade” condition to open orders at specified entry points
- Monitors the distance from the open price (Pips away) for optimal trade execution
- Uses Custom MQL Code to refine trade conditions and manage variables
- Automated Trade Management System:
- Integrates Check trades count and Check profit (unrealized) to monitor open orders and unrealized profits
- Automates trade closure at target profit using Close trades and For Each Trade functions
- Flexible MQL4 Code Customization:
- Allows users to modify the code independently, offering the freedom to enhance trading capabilities and refine strategies
🌟 Key Features of Neo Bollinger EA (MQL4)
- Full MQL4 Code Customization: Ideal for developers looking to add features or enhance trading strategies
- Advanced Custom MQL Code: Provides sophisticated calculations and advanced trade conditions
- Automated Order Management: Prevents duplicate trades and automatically closes orders at desired profit levels
- Comprehensive Input Customization: Supports parameter adjustments to align with user-specific strategies
💼 Technical Information
- Recommended Initial Capital: $1000 USD per 0.01 lot (Standard)
- Lot Size Type: Autolot with automatic lot size adjustment
- Trade Closing System: Dynamic Stoploss & Trailing Stop
- Trading Symbol: EURUSD
- Timeframes: 1 Hour
⚠️ Warnings and Precautions
- The EA may carry high risks during rapid market changes
- Conduct Backtesting with Tick Data 99.9% before live trading
- Start with a Demo Account before using a Real Account
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- Support Contact: Contact Us
- Line Support: Line Support
👉 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
