Trading strategy with Bollinger bands and stochastic oscillator
Bollinger bands are mainly used to track the trend.
Using the main stochastic line and the signal line to open a pending buy or sell order
The Auto3M Lite MT4 Expert Advisor can work on a VPS.
Pro version MT4
Pro version MT5
Characteristic feature
Without martingale
Hard stop loss and take profit for each position
Trailing stop
Delete a pending order automatically at a time interval
Use the Buy Stop and Sell Stop function for a pending order
Trading Strategy
AUTO3M Lite MT4 trades on 9 currency pairs EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY, EURJPY, GBPJPY
using only a pending Buy Stop or Sell Stop order.
The stochastic oscillator is used to analyze quotes and analyze only on a new bar.
When the main Stochastic line is greater than 90, and the Bid is less than the Upper band, this is the preparation of a pending sell order.
When the Stochastic main is less than 20 and the Ask is greater than the Lower band, a pending stop purchase order is placed.
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Follow the buy stop when the Stochastic main line is greater than the Stochastic signal value.
Follow the sell stop order when the main Stochastic line is less than the value of the Stochastic signal.
The result of testing the Export Advisor
With an initial deposit of $ 3000, we earned $96.49 per GBPUSD day in the period from October 1, 2021 to October 31, 2021.
Absolute balance drawdown: 0%, maximum balance drawdown: 0.24%
recommended
Timeframes: 4H, Day
Minimum balance 100 USD
Recommended minimum leverage is 1:100
Currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY, EURJPY, GPBJPY
ECN brokers recommend, for example: ICMarkets, Weltrade, Pepperstone, FxPro, Exness.
Initial setup
Trailing stop mode: base by point or base by stop limit
Trailing stop point: using a point with a base on a point
Percentage of the sliding stop: using several percentages with a base on the stop limit
Pending Order Expiration time: the expiration interval of the pending order.
Update time: interval for cycle timer
Maximum position: the maximum position must be greater than zero (preventing drawdown)
For other questions, comments, settings files or support for this Expert Advisor, please contact me.
Warning: Historical results cannot guarantee the same results in the future.
Strategiya torgovli s polosami Bollindzhera i stokhasticheskim ostsillyatorom
Polosy Bollindzhera ispol’zuyutsya v osnovnom dlya otslezhivaniya trenda.
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