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

Lesson 14: Troubleshooting and Common Issues

Resolving EA Installation or Performance Issues

  • Problem: The EA doesn’t appear in MetaTrader after installation.
    Solution: Ensure the EA file is in the correct folder (MQL4/5 > Experts) and restart MetaTrader. Check if the EA is visible under Expert Advisors in the Navigator panel.

  • Problem: The EA is on the chart but not placing trades.
    Solution: Verify that Live Trading is enabled in both the EA settings and MetaTrader’s general settings. Ensure the market is open and that the EA has sufficient price data to analyze.

Common Mistakes and How to Fix Them

  • Problem: Incorrect risk management settings (e.g., wrong lot size, stop loss, or recovery settings).
    Solution: Double-check the EA’s input parameters to ensure they match your trading plan. Confirm the lot size and stop loss settings are appropriate for your account.

  • Problem: Broker restrictions on certain trading styles, such as scalping or using EAs.
    Solution: Confirm with your broker that Expert Advisors are allowed. If not, consider switching to a more compatible broker.

Checking and Resolving Connectivity Problems

  • Problem: The EA isn’t receiving data or losing connection to the trading server.
    Solution: Check your internet connection and ensure MetaTrader is connected to your broker’s server (visible at the bottom right of the platform). If the connection is unstable, contact your internet provider or broker. Also, ensure your firewall or antivirus isn’t blocking MetaTrader’s access to the internet.
Previous
Next