Description
NoiseRevert is an EA configured on FXCE Giga to trade based on the noise of currency pairs, relying on the actual price tendency to return to the Bollinger Bands ranges. The EA also utilizes Pin Bars to enter and close trades during these oscillations.
Trading Strategy of NoiseRevert
Strategy Description:
Buy Order: A reversal Pin Bar candle appears when the price is at the Upper Band of the Bollinger Bands.
Sell Order: A reversal Pin Bar candle appears when the price is at the Lower Band of the Bollinger Bands.
Fixed trading volume at 0.01 and Take Profit set at 20 pips.
There will be no Stop Loss for each trade; instead, the EA will close all positions if the Profit/Loss (P/L) decreases by 10%.
Technical Indicators:
- Candlestick Pattern: Pinbar (download: Pinbar)
- Indicator: Bollinger Bands (download: Band Upper, Band Lower)
- Trading Timeframe: 04:00 – 20:00 (GMT+3).
Input Parameters for Technical Indicators:
Make sure you have added the following technical indicators with the specified parameters to the price chart before configuring the EA.
Upper Band of Bollinger Bands:
Lower Band of Bollinger Bands:
Pinbar Candlestick Pattern:
Giga NoiseRevert Configuration Guide
Setting up Buy Entry Points:
Setting up Sell Entry Points:
Volume and Stop Loss for each trade:
Setting up Trade Closures:
Setting up DCA:
Features:
- Data Buffer for use in Giga.
- Simple and user-friendly.
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