AW Bollinger Bands EA

The AW Bollinger Bands EA is a sophisticated automated Forex trading software that utilizes the standard Bollinger Bands indicator. This Forex EA Review aims to shed light on its key features, trading strategies, and operational parameters, providing potential users with a comprehensive understanding of this Forex Trading Solution.

Key Features of AW Bollinger Bands EA

The AW Bollinger Bands EA boasts a range of features designed to facilitate efficient Forex Trading. Foremost among these is its fully automated trading system, which eliminates the need for constant manual monitoring. It also includes customizable indicator parameters, allowing users to tailor the software to their specific trading strategies.

One of the software’s standout features is its built-in automatic lot calculation. This function automatically determines the appropriate lot size based on the user’s current account balance, thereby mitigating risk. The software also includes an intelligent trailing system, which adjusts stop loss levels in real-time to lock in profits as the market moves in a favorable direction.

When the market moves in the opposite direction, the software employs an averaging system from pending orders. This strategy helps to minimize losses and maintain a balanced trading portfolio.

Trading Strategy of AW Bollinger Bands EA

The AW Bollinger Bands EA employs a trading strategy based on the Bollinger Bands indicator. This indicator is presented as three lines: the middle line is the moving average, and the upper and lower lines are the middle lines shifted by a certain number of deviations. The width of these bands is adjusted based on market volatility.

The software trades on the return of the price to the average value. When the price breaks through the lower lines from below and comes back, it is a signal to buy. Conversely, when the price breaks the upper line and comes back, it is a sell signal. This strategy enables the software to capitalize on sharp market movements and generate profits.

Operational Parameters of AW Bollinger Bands EA

The AW Bollinger Bands EA comes with a range of input settings that allow users to customize the software according to their trading preferences. These settings include lot size, Bollinger Bands inputs, averaging settings, take profit settings, and protection settings.

Users can also adjust the multiplier for the size of orders and the step for pending orders. Furthermore, the software allows users to set the maximum allowable slippage, spread, size of orders, and number of orders. These settings provide users with full control over their trading activities and risk management.

Independent Testing and Updates

Prospective users can watch independent testing of the AW Bollinger Bands EA on the forexroboteasy.com website. This provides an unbiased assessment of the software’s performance and reliability. Users can also subscribe to updates on the results of testing this product, ensuring they stay informed about its latest developments.

FAQ

1. Is AW Bollinger Bands EA a fully automated Forex Trading Solution?
Yes, the AW Bollinger Bands EA is a fully automated Forex trading software.

2. What is the main trading strategy of the AW Bollinger Bands EA?
The software trades based on the Bollinger Bands indicator. It trades on the return of the price to the average value.

3. Can users customize the operational parameters of the AW Bollinger Bands EA?
Yes, the software comes with a range of input settings that allow users to customize the software according to their trading preferences.

4. Where can users find independent testing of the AW Bollinger Bands EA?
Users can watch independent testing of the software on the forexroboteasy.com website.

We invite all users to share their experience of using the AW Bollinger Bands EA. Your insights will be invaluable to others considering this automated Forex Trading Solution.

This review is an independent assessment of the AW Bollinger Bands EA and does not represent the views of the software’s developers or any associated parties.