Thread: BB Bounds EA

Dear Sir,
I had an idea for this EA for long time, but maybe little different of view. I didn't test your EA yet, its seem quit good. In my view we need to put 2 BB on the same chart with 2 different Deviation settings each: 2 and 3 both apply to close.

Below I also attached the screen shot for that as reference. In this example I used nonlagMA_v7.1 as a filter, if this indicator color changed from blue to red mean SELL and color changed from red to blue mean BUY.

We can only open SELL if the price at least above BB with Dev.2 and strong SELL if the price on BB Div. 3 or above it.

Then open BUY if the price at least below BB with Dev.2 and strong BUY if the price on BB Div. 3 or below it.

We also need some filter to make sure the price will bounce soon such as: nonlagMA or any other indicators without repain. Thank for your effort in advance.

Best regard,
axadnan

Hi funyoo,

Great work, thanks for share vnice idea
unfornetly for me in Alpari and FxPro metatrader with your set(or without no matter), open more then 500 trade in one month in 5M chart, and all pair too.. very nonprofitable what do Im wrong?

Originally Posted by funyoo

Hi Denoiser,

You have to set maxorders on 1.

Yep, Max orders alredy on 1

I get some time this messages:

2009.01.30 14:58:25 2009.01.14 15:45 BB Bounds EA EURUSD,M5: invalid price 1.31285000 for OrderSend function
2009.01.30 14:58:25 2009.01.14 15:45 BB Bounds EA EURUSD,M5: OrderSend error 4107

2008.12.31. to today EU 5M your settings + no martingale and 10 pip trail stop result =

Originally Posted by funyoo

ERR_INVALID_PRICE_PARAM 4107 : Invalid price.

It should come from your broker. Try with another one.

Also, there is a minimum for the TS, it is generally 15 pips.

Thank You, I use Alpari and FxPro, whatYou use for this?