Trading bands mt4
The Expert Advisor opens and closes positions using Bollinger Bands signals: it buys on lower bands when price rolls back, and it sells on upper bands. It has the option to close positions by an opposite signal, by take profit and stop loss, move a trade to breakeven upon reaching the central Bollinger band or after a certain price movement. The T3 Bands MT4 Indicator is a trading system on its own rights that can generate both buying and selling signals. The T3 Bands MT4 Indicator is based on multiple moving averages and, more precisely, it uses 5 moving averages with 5 different periods.