Today I will share a free Forex Trading Robot which works by Bollinger Bands indicator.
It works by classic principle, buy trade when price is crossing the upper band from below, sell trade when price is crossing the lower band from above. All the settings like period, shift and deviation you will be able to change in the EA inputs menu.
The Bollinger Bands indicator is a very powerful tool to recognize the trend's direction of the market. It can be used for various types of forex strategies. It shows when price is overbought and oversold. You can find this indicator in every MT4 and MT5 terminal. In my opinion all the classic indicators which you can find in the terminal are the best ones. They work perfectly without any errors. You can easily design a profitable forex strategy with those. If you need EA coding services contact me.
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I've decided to create a lot of expert advisors and they will work with all the classic indicators, in a short period of time you will be able to test them . So stay tuned. This EA don't have a profitable settings yet, but you can try to find it, if you will need something extra in EA I can add to it for a low price. I know, it's very fun to play with forex trading robots, especially for Forex novices.