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BBands Envelope

"BBands Envelope" is a fully automated Expert Advisor, based on Bollinger Bands, 2 types of Envelopes and DeMarker and several other indicators to identify buy trends or sell trends. After that, moving average can find reversal zones. It includes recovery loss and grid system to increase efficiency.

There are two types of strategies

Moving Average
Stochastic

Real Monitoring: https://www.mql5.com/en/users/aminx/seller

Expert Advisor Advantages

Clean and adjustable strategy for various results and traders can change parameters for find best results (long-term or scalping)
Working on any broker
No need to close the EA during news releases.
No need to change pairs on the grounds of "instability".
Does not require a very good execution.

Note

Default parameters not optimized for any pairs but you can get latest set files on comments tab.

Parameter list

TradingMode - you can choose one or both
ShowInfo - true/false EA panel
Corner - you can change EA panel zone
TextColor - color of EA panel

BBand Settings

BBand Timeframe - you can change it on current timeframe
BBand_Period;
BBand_Shift;
BBand_AppliedPrice;

Demarker Settings

Demarker_Timeframe - you can change it on current timeframe
Demarker_Period;
Highest_Level;
Lowest_Level;

Envelopes Settings

Envelope_Timeframe - you can change it on current timeframe
Envelope_Period;
Envelope_MA_Method;
Envelope_MA_Shift;
Envelope_AppliedPrice;
Envelope_Deviation;

Strategy 1(MovingAverage)

Use_Str1=Use Strategy 1; true/false
MA_Timeframe - you can change it on current timeframe
MA_Period;
MA_Shift;
MA_Method;
MA_AppliedPrice;

Strategy 1 TakeProfit - StopLoss

TP_SL1_Mode=Envelope; TP/SL Mode, If use Envelope, second Envelope up line and down line is tp and sl
str1_TakeProfit=Fixed TakeProfit
str1_StopLoss=Fixed StopLoss

Second Envelope auto sl and tp (second Envelope up line is tp for buy orders and down line is sl and reverse for sell orders)

Envelope_Timeframe;
TP_SL1_Envelope_Period;
MA_METHOD TP_SL1_Envelope_MA_Method=;
Envelope MA Shift;
TP/SL Envelope Applied Price;
Envelope_Deviation;

Strategy 1 - TrailingStop & BreakEven

TrailingStop - true/false
Trailing_Stop;
Break_Even_pip;
Trailing_Step;

Automatic Lots (If The MoneyManagement Set To False Trade In Fixed Lots)

Fixed_Lots;
MoneyManagement - true/false
Riskpercent - Risk %
Magic_Number;
Trade_Comment - Comment for strategy 1

Strategy 1 RecoveryLoss

Recoveryloss - true/false (if it's true, ٍَafter loss trades EA will be open new trade unlike loss trade)

Strategy 1 RecoveryLoss Grid

Recoverylossgrid - Using Recovery Loss Grid (if it's true, EA will be open grid trades after recovery loss order)

Strategy 2(Stochastic)

Use_Str2 - true/false//Use Strategy 2-true/false

Stochastic Settings

Stoch_crossing - Stochastic crossing after moving average reversal zone
toch_Timeframe - Stochastic Timeframe - you can get higher timeframe of Stochastic on current timeframe
Stoch_KPeriod - Stochastic K% Period
Stoch_DPeriod - Stochastic D% Period
Stoch_Slowing - Stochastic Slowing
Stoch_MA_Method - Stochastic MA Method
Stoch_Price - Stochastic Price
Stoch_HighestLevel - Stochastic Highest Level
Stoch_LowestLevel - Stochastic Lowest Level

Strategy 2 TakeProfit - StopLoss

TP_SL2_Mode - TP/SL Mode, If use Envelope, second Envelope up line and down line is tp and sl
TakeProfit - Fixed TakeProfit
StopLoss - Fixed StopLoss

Second Envelope auto sl and tp (second Envelope up line is tp for buy orders and down line is sl and reverse for sell orders)