Trading Robots for MetaTrader 5

Bollinger bands professional expert

100.00 USD81.00 USD

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MetaTrader 5
Sergey Pavlov


This trading strategy is based on channel trading with position reversals at the borders and is designed using the standard iBands indicator. When a channel is broken, a position is opened in the direction opposite to the price movement. If the upper boundary of the channel is broken upwards, then a Sell position is opened, and if the lower one is broken, a Buy position is opened.‌‌‌

Input parameters

  • on_lot - use fixed lot;
  • Lot - fixed lot size;
  • lot_perc - lot size as a percentage of equity;
  • tfFractal - period of the iFractals indicator: used for calculation of the stop loss levels;
  • on_SL - enable/disable setting stop loss;
  • BB_period - period of the moving average to calculate the iBands indicator;
  • BB_deviation - the number of standard deviations of the iBands indicator;
  • BB_applied_price - applied price type of the iBands indicator.


  • Optimize BB_period in the range from 10 to 1000;
  • Optimize BB_deviation in the range from 1 to 20 with a step of 0.1.


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RISK WARNING: is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.