Trading Robots for MetaTrader 5

DYJ Bands EA MT5

dyj-bands-logo-200x200-2686
375.00 USD262.50 USD

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Information

Experts
MetaTrader 5
5
Daying Cao
4 January 2019
1.1
8 January 2019

Overview

The DYJBands opens and closes positions using Bollinger Bands signals: It performs trades after a price rebound from the borderlines of the indicator. It has the option to close positions by an opposite signal, by take profit and stop loss, move a trade to breakeven upon reaching the central Bollinger band or after a certain price movement.

By default, the EA is configured for trading the GBPUSD currency pair on the H1 timeframe. Also, settings for the EURUSD, USDJPY, USDCAD and XAUUSD currency pairs will be provided in the Comments section.

The Expert Advisor also features money management, traditional SL, TP and trailing stop. Only two orders are used for trading each instrument, which ensures maximum safety of trading.

The EA does not use risky trading methods, and can trade on most of currency pair and timeframe. In addition, it does not cost much, and its settings are quite simple, which can be good for both experienced

and novice traders.

The EA works in any trading session. The work time1 and work time2 and work time3 parameter is intraday. It means that if you want to set a working time from 19:00 PM to 05:00 AM, for example, you should define two different intervals, such as 19:00 to 23:59 and 00:00 to 05:00.

The EA opens orders at a specific news time, such as 19:59 to 20:03 and M1 to H1 timeframe.


Input parameters

  • MagicNumber - unique identifier (use different magic numbers if multiple Expert Advisors run in your terminal);
  • BandsPeriod - Bollinger bands period;
  • BandsDeviations - Bollinger bands deviations;
  • BandsAppliedPrice - Bands applied price;
  • StochKPeriod - Stoch K Period
  • StochDPeriod - Stoch D Period;
  • StochSlowing - Stoch Slowing;
  • StochMode - Stoch Mode;
  • StochPriceField - Stoch Price Field;
  • StochLevelUp - Limits of overbought area;
  • StochLevelDown - Limits of oversold area;
  • TimeFrame - Chart timeframe;
  • Lots - Lot size;
  • MaxOrders - Maximum postions number;
  • TrailingStop - trailing stop value in points (distance from the current price of the currency pair), if set to 0, trailing stop is not used;
  • IsUseTradingTime = false - set to false to trade all the time, set to true to use trading time defined below.
  • startTime1 = 08:15 - start hour of work time 1.
  • endTime1 = 08:35 - final hour of work time 1.
  • startTime2 = 13:45 - start hour of work time 2.
  • endTime2 =14:42 - final hour of work time 2.
  • startTime3 = 22:15 - start hour of work time 3.
  • endTime3 = 22:45 - final hour of work time 3.


7 DAY MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 7 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email: [email protected].

Refund requests received more than 7 days after purchase will be rejected.

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RISK WARNING: ea-trade.pro 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.

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