Author: Khurram Mustafa
If you’re looking to level up your trading game, auto trading with Bollinger Bands (BB) on MetaTrader 4 could be just the ticket. Here’s a quick rundown of how this system works and some tips to get you started.
System Overview
- Indicators Used: RSI, CCI, Bollinger Bands
- Time Frame: 1 Hour
- Trading Logic: Sell when RSI and CCI are both down with BB; otherwise, buy or hold tight.
- Features Include:
- Choice of buy or sell options
- Ability to select trading times
- Automatic lot size management
- Only one position open at a time
Recommendations for Traders
- Keep in mind that I’m not responsible for any losses you might incur.
- It’s advisable to set the Auto Lot Option to false to prevent excessive lot sizes.
- Always start by testing on a demo account before diving into live trading.
- I’m open to learning, so feel free to share any tips you have! Thank you for your respect and support.
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