Collection · MT4

Bollinger Breakout Collection

by vuvivov

This collection for MetaTrader 4 contains over eighty expert advisors and scripts primarily focused on Bollinger Band breakout strategies.

GitHub stars6
Forks3
Last update9 years ago16 May 2017
LicenceNone stated

Overview

The repository includes numerous variations for fixed lot sizes and specific money management settings. The included logic covers price action relative to moving averages and volatility bands. According to the documentation, the project also implements arbitrage strategies between spot and future forex markets utilizing multithreading. Risk management is handled through configurable stop loss and take profit parameters across the different file versions.

Details

Author

vuvivov on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Breakout, Arbitrage, Mean reversion, Indicator crossover

Markets

Forex

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from z bol fixed lot.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
periodint22
RATIO100int355
SL100int50
TP100int160
longMARatio100int1052
ELIMINATE1_10int10
ELIMINATE2_10int100
lotdouble0.1
iBalancedouble5000

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone vuvivov/forexTrading-mt4 from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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