Bollinger Bands Indicator is used as an expert advisor
Since it is not easy to predict when the trend reversal will occur, this Expert can place additional orders at different distances from the first order, and with different lots, so that positions can be averaged and profit taking is more easily achieved.
The over-buy and over-sell conditions in Forex markets apply to all currency pairs. This expert is able to adjust the Step and Lot size for any currency pair.
The default parameters of the EA have been optimized for the EUR / USD pair H1
Same strategy using RSI indicator:
Since it is not easy to predict when the trend reversal will occur, this Expert can place additional orders at different distances from the first order, and with different lots, so that positions can be averaged and profit taking is more easily achieved.
The over-buy and over-sell conditions in Forex markets apply to all currency pairs. This expert is able to adjust the Step and Lot size for any currency pair.
The default parameters of the EA have been optimized for the EUR / USD pair H1
Same strategy using RSI indicator:
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