MeetAlgo Bollinger Bands EA trades using the Bollinger Bands Indicator. It offers many customizable Bollinger Bands trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode.
Entry Logic
- SELL Signal = When price touch Upper Band
- BUY Signal = When price touch Lower Band
How Reset Work
Mid line is reset line. Example – EA open a SELL trade when price touch upper line until price come down touch mid line it will not open again sell trade. But if you set OpenTradeAfterReset=false then reset not work every touch open sell trade.