JaguarForex

Course Content
Introduction to Bollinger Reversal Pro
In this module, you'll be introduced to the Bollinger Reversal Pro EA and the basics of how it works. You will learn about Bollinger Bands and their importance in trading, as well as the core strategy of the EA—placing reverse orders when the price hits the outer bands. The module will also explain the built-in filter that checks the pip distance between the upper and lower bands before placing trades, ensuring better trade quality. This sets the foundation for understanding and using the EA effectively.
0/13
Understanding Bollinger Bands with John Bollinger
04:19
What is a Bollinger Band?
09:39
Bollinger Reversal Trade Entries Rules
00:00
Increase accuracy using Entry Filter
00:00
Risk Management – Stop Loss
00:00
Risk Management – Activating Recovery Orders
00:00
Risk Management – Recovery Lot Size Calculation
00:00
Risk Management – Minimum Recovery Distance
00:00
Risk Management – Timing of Operation
00:00
Currency Pairs and Timeframes
00:00
EA Settings Overview
00:00
Installation and Setup
00:00
Troubleshooting and Common Issues
00:00
BollingerReversalPro EA
About Lesson

Risk Management: Recovery Lot Size Calculation

Lot Size Multiplier: How It Works
The Lot Size Multiplier is a key feature that increases your trade size after each losing trade to help recover losses. The EA multiplies the previous trade’s lot size by a specified multiplier for the next trade.

  • Example: If the first trade is 0.01 lots and the multiplier is set to 1.5, the second trade will be 0.015 lots, the third 0.0225 lots, and so on.

Manual Lot Size Calculation
With Manual Lot Size, you can set a fixed lot size for each trade in a sequence, up to 30 trades. This gives you full control over the trade size and allows you to maintain consistent risk management without increasing the lot size after a loss.

Strategies for Using the Lot Size Multiplier
The Lot Size Multiplier can speed up recovery by increasing trade size, bringing the Take Profit (TP) closer. However, using higher lot sizes increases risk. If the market doesn’t reverse as expected, larger trades can lead to bigger losses.

  • Tip: Use the multiplier carefully, balancing potential recovery with your risk tolerance to avoid overexposure.
Previous
Next