Break Bollinger Bands Martingale MT4

The standard Bollinger Bands indicator is used for generating signals. All operations are performed according to formed bars on the current timeframe.

The Expert Advisor can be used for semi-automated trading. Positions can be closed manually but trailed by the EA. Since the martingale method can be dangerous, you can close the position manually when the current profit becomes greater than previous losses.

Description and recommendations

• It is recommended to select parameters for each account type separately.
• The EA features a control panel for emergency closure of all open positions or only for the specified symbols.
• In the control panel, it is possible to specify the direction to open trades.
• The EA's graphic interface contains a table with the statistic values of last testing results and parameters used during that testing, as well as a table with the current account statistics.

Parameters of the Expert Advisor

• Start hour - hour to start trading.
• End hour - hour to stop trading.
• Trade weekdays - days of the week for trading.

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