OndaFX Bollinger Bands Forex Robot

The OndaFX forex robot trades on a simple Bollinger bands breakout concept. A buy trade occurs when the price trades outside of the lower BB, similarly, a sell trade occurs when the price trades outside of the upper BB.

Buy and sell trades will be closed at the middle Bollinger band. This EA takes market volatility into its calculations.

Trading Signals

Buy: below the lower BB (“buy low” principle).
Sell: above the upper BB (“sell high” principle).

Trading Preferences

Platform: MT4

Currency pair: EUR/USD

Recommended time frame: 1 hour

Trading sessions: 24/7

Download

Download the OndaFX-EDU.ex4 forex robot.

Configurable Expert Advisor Options

Lot size, take profit, max. orders, slippage, …

EUR/USD H1 Chart EA Performance

OndaFX_forex-robot

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