- Automated trading tool designed to work with the popular Bollinger Bands technical analysis indicator.
- Helps traders identify potential entry and exit points in the market based on the price movements within the Bollinger Bands tunnel.
- Uses a simple moving average line and two outer bands calculated based on standard deviation to create the tunnel.
- Automatically buys or sells currency pairs when the price reaches the outer bands of the Bollinger Bands tunnel.
- Compatible with the MetaTrader 4 platform and all major Forex currency pairs.
- User-friendly with customizable settings to suit individual trading preferences.
- Can potentially be a useful addition to a trader’s toolbox, but caution and appropriate risk management techniques should always be exercised when using any automated trading tool.