Bollinger Bands is one of the most popular forex indicators used by many traders around the world for trading stocks, futures and currencies. It is one of the best tools for technical analysis of the current market. There are several Bollinger Bands strategies for trading but in this article we will explain only one of them: Trading inside of Bollinger Bands.
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We have published another completely free expert advisor (forex robot) on our website. It is called Bollinger Bands Tunnel EA. It is based on the popular indicator Bollinger Bands. The trading logic is very simple. It trades inside of the Bollinger Bands indicator.
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We have added the parameter MaxSpreradExit in Smart Scalper PRO by request of our users. The parameter is used to control closing the trades and avoid closing the trades when the current market conditions are not good. The parameter is available in the version 1.6 of Smart Scalper PRO. The new version is available in the member area.
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We would like to inform you that we have updated three of our forex robots. We have added some new parameters and did some optimizations on our forex robots codes.
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We would like to inform you that we have added a new free forex robot (expert advisor) on our website. It is called Trend Power Bot. It is completely free. You can download and use it as you want.
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We would like to inform you that we have fixed a small bug in the RecoveryMode system of the following EAs:
- BF Scalper PRO MT5 version
- Smart Scalper PRO MT5 version
- GOLD Scalper PRO MT5 version
We would like to inform you that we have taken some important decisions about our free forex robots. We are converting the following free forex robots into paid products:
- BF Scalper EA
- BF Smart Scalper EA
- BG Grid Master EA
If you use one or more of the above forex robots you should know that the changes will take effect from today.
We would like to inform you that we have released a new version of BF Scalper PRO. The new version is 1.9. We have made some small improvements: we have fixed a small bug related to the authentication system and we have fixed the problem with testing on MT5.
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We would like to inform you that we have released a new version of Smart Scalper PRO. The new version is 1.4. The new version is available for downloading in the member area. We have made some improvements as follows: we have added a loss recovery system (RecoveryMode), we have fixed a small bug related to the authentication system, we have fixed the problem with testing on MT5.
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We would like to inform you that we have released new versions for two of our forex robots: GOLD Scalper PRO and News Scope EA PRO. The new versions are available for downloading in the member area.
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We would like to inform you that we have released a new version of Grid Master PRO. The new version is 1.4. The new version is available for downloading in the member area. We have made some improvements as follows: we have changed the logic of opening the recovery trades; we have optimized the settings; we have added additional information on the info panel; we have added separate buttons for closing BUY and SELL trades; we have made the buttons to work immediately after clicking; we have fixed the problem with testing on MT5.
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We would like to inform you that we have released a new version of Omega Trend EA. The new version is 1.1 and it is available for downloading in the member area. We have made some general changes in Omega Trend EA. We have improved and optimized the trading logic, we have added some additional systems and new parameters. There are also new .set files for the supported pairs.
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We would like to inform you about a few updates related to our forex robots. We have published a new version of Grid Master PRO and we have prepared a new .set file for BF Scalper PRO.
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We would like to inform you that we have released a new version of BF Scalper PRO. The new version is 1.8. We have made some small improvements in the information box and we have modified the Time Management System. We have added support for brokers who allow trading on Saturday and Sunday. Users who use such a broker will be able to configure BF Scalper PRO to trade during Saturday and Sunday.
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We would like to inform you that we have released a new version of GOLD Scalper PRO. The new version is 1.2. We have added RecoveryMode system in the new version. RecoveryMode is an advanced system for loss recovery. When enabled the EA will increase the lot size with small amounts after each loss until all previous losses are compensated successfully.
[...]Disclaimer U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Clearly understand this: Information contained within this course is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
*CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
By using FXAutomater's products, you acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance.
