BB Expand+ M15

This "BB Expand+ M15 is a trend-following EA that uses the expansion of Bollinger Bands (BB). It can be used with the following currency pairs: USDJPY, AUDJPY, GBPJPY, and EURJPY. It works on a 15-minute basis. It is designed to detect the timing of a large move after the market has stagnated and movement has become scarce. EA detects and enters the market by using the expansion after the BB contraction.

On this basis, profitability is also increased by taking the following actions ■Entry Conditions Confirm the direction of the trend using the moving average (EMA) If there is a clear trend, do not enter in the opposite direction. ■Close timing Based on the settlement at the limit and stop limits set for entry (optimal values are adjusted through back testing), and When any of the following conditions are met, it is also determined that momentum has been lost and the position is closed. position is closed. The candlestick has a strong reverse whisker. A large reversal occurs while a certain amount of profit is being generated. A large return occurs while a certain amount of profit is being made. The price once exceeded the highest (lowest) price in the past but immediately dropped back below the highest (lowest) price in the past. Multiple conditions are included, including the following. If the price does not move in the targeted direction (or moves in the opposite direction), we give up early, so the winning rate is not high, but the losing amount is small. However, the amount of loss is small, and when it wins, it takes a large profit. The EA is designed for 15-minute time frames and operates using the data at the time of the 15-minute time frame fix, making entry and close decisions. Based on the results of back testing, the EA can be used with USDJPY, AUDJPY, GBPJPY, and EURJPY. Parameters are basically kept within the program (no need to change in expert settings) and automatically switched depending on the currency pair. Please change only the following parameters as necessary. Compound interest operation mode is also available. The default setting is a loose compounding mode. Please turn it off if you want to operate with a fixed lot. Please adjust the ratio of positions to be increased. Please refer to the blog for more details about the compounding mode.

The following are the results of back-testing from 01/01/2007 to 08/12/2020 in each currency, fixed at 10,000 currency (one position only, no compounding). The back-test results are for USDJPY. The result is a profit factor of 1.63 and a profit of about 1,020,000 yen after about 13 years of operation (1 position only, no compounding, spread of 5) with 10,000 fixed currency.

In the compounding mode, Lots=0.1 (10,000 currency), compounding threshold=100,000 yen. Currency pair = USDJPY, effective margin = 100,000 yen, and the operation starts on 01/01/2007, the simulation result will exceed 10 million yen by 11/2012. The simulation result will exceed 10 million yen in 2012.11. <2007/01/01 - 2020/08/12 For clarity, the simulation is shown in yen. Over 1 million yen in October 2009 Over 10 million yen in November 2012 The amount has been growing at a tremendous rate. The power of compound interest is tremendous. (Tip: Compound interest operation was terminated at 2 million yen.) (Note: This is only a back test, so it is unlikely to work out as well as this, but But it's a dream come true. !!!!! Caution !!!!! When compounding, if you encounter a losing streak, you will lose all your money at once, so be careful not to raise your threshold too high! Be careful not to raise your threshold too high!

Other SeSe items on display h ttps://www.gogojungle.co.jp/users/60058 Blog article: " Introducing SeSe's EAs by category" Other Notes When installing EA, please also install the included library file (OrderLib.ex4). 　Please place it in the following location in the MT4 data folder. 　　. \MQL4\Libraries\OrderLib.ex4 Before using the EA, please display the chart of the target currency pair in 1-hour, 4-hour, daily, weekly, and monthly time frames. 　(This is because this EA uses chart information other than the hourly chart, and therefore, it is necessary to incorporate such information.) Please note that the EA developer will not compensate for any losses incurred by the user, including those caused by malfunctions. This product does not guarantee profits. There may be differences between back and forward tests and actual operations.