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Name: MagicBands
Version: Latest Version
Developer by: Evgeniy Zhdan
The Right Platform: Meta Trader 4 (MT4)
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MagicBands EA MT4 is an automated trading robot (Expert Advisor) developed based on a non-standard method of reading the Bollinger Bands indicator. Instead of relying solely on simple expansions and contractions, the system focuses on detecting price squeeze zones and identifying volatility breakouts. When the high volatility phase subsides, the EA enters trades in the most probable direction of the price movement.
What makes this EA stand out is that it does not use risky methods such as Martingale or Grid. Every position is secured with a clearly defined Stop Loss and Take Profit, ensuring strict risk control.
Intelligent Bollinger Bands Algorithm: Detects price consolidations and capitalizes on strong breakout phases.
No Martingale/Grid: Safe for accounts, suitable for risk-conscious traders.
Automated Risk Management: Built-in Stop Loss, Take Profit, and Trailing Stop to lock in profits and limit risks.
Multi-Pair Trading: Performs effectively across six major currency pairs, offering trading flexibility.
Easy Setup: Quick installation, simply drag and drop onto charts and allow auto-trading.
Flexible Customization: Adjustable lot size, MaxLot, Bollinger Bands parameters, trading hours, and more.
Safe & Transparent: Every trade has a clear SL/TP, avoiding account blow-ups.
Versatile & Profitable: Can be applied to multiple major pairs, maximizing opportunities.
Beginner-Friendly & Professional-Grade: Requires no complex optimization—ready to use out of the box.
Takes Advantage of Market Volatility: Performs strongly during breakout phases for superior profit potential.
Designed for Long-Term Growth: With disciplined money and risk management, it ensures sustainable account development.
The Magic Bands EA has demonstrated strong profitability and stability in backtesting, proving its ability to capture consistent gains with disciplined risk management. Over the 5-year testing period (2015–2020, GBPUSD, M5 timeframe), the system showcased solid performance, balancing profit growth with manageable drawdowns, making it a reliable option for traders seeking long-term sustainability.
The Magic Bands EA has shown exceptional profitability and long-term stability in backtesting, confirming its ability to deliver consistent gains with disciplined risk management. Over the 5-year testing period (2015–2020, GBPJPY, M5 timeframe), the system generated strong profit growth while maintaining controlled drawdowns, making it a powerful solution for traders targeting sustainable returns.
The Magic Bands EA has delivered impressive profitability and resilience in backtesting, proving its effectiveness in capturing stable returns with disciplined execution. Over the 5-year testing period (2015–2020, EURCHF, M5 timeframe), the system demonstrated consistent profit growth while keeping drawdowns at a manageable level, making it a solid choice for traders focused on long-term stability.
Name | Fit |
---|---|
Trading platform | Meta Trader 4 (MT4) |
Time frames | M5 |
Currency pairs | GBPUSD;EURUSD;USDJPY;EURCHF;GBPJPY;USDCAD |
Min / Recommended deposit | $100 |
Min / Recommended leverage | Any |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗