BSN Multi Bollinger Light
BSN Multi Bollinger light – it is a multi-expert who works for 6 currency pairs:
This EA is a light-version of the BSN Multi Bolinger.
Existing characters are changed in the input parameters. To work it is recommended to use the H4 time.
This Advisor automatically determines the 4 and 5-digit quotes.
For signal generation expert uses Bollinger Bands indicator tracking price movement inside or outside of the price channel.
Closure of positions by the Take Profit and Loss stop at the return signal appears with an additional trailing stop (Stop Loss movement for each profitable position) or using pyramiding (adding volume to each profitable position).
capital management system is based on the account of available funds and risk.
Parameters can be divided into two groups:
1. General settings:
- Risk Factor – risk as a percentage;
- MagicNumber – expert identification number that can be used while working with several experts;
- Money Management – Money Management 2 options: 1. Fixed lot 2. On the basis of the account of available funds and risk;
- Lots – trade volume in lots, if the value of Money Management is set as “Fixed lot”;
- Check Account History – if set to true, this feature automatically checks the coefficient ratio of profit and loss, and percentage change of the lot on the basis of the obtained values. The higher the value profit and loss ratio, the higher the percentage of the lot for the symbol;
- Additional Trading Method – offered 2 additional trading methods: 1. 2. Trailing Pyramiding.
2. Specific parameters for each character:
- Symbol Name – name of the character;
- Percentage of Lot – the percentage used to calculate the percentage of trading volume for each character
- Band Periode – stripes period;
- Band Deviation – deviation bands;
- Stop Loss – Stop Loss in pips;
- Take Profit – Take Profit in pips;
- Step Point (pip) – trailing step or pyramiding;
- Increase Volume Lot – increase position size for pyramiding.
The quickest way to optimization of the adviser – in the “Open prices only”. Similar results can be obtained in the “Every tick” or “OHLC M1”. After optimization of the parameters can be to control the switch to the “Every tick” mode or “the OHLC on M1”.
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