This automated trading system integrates Elliott Wave pattern analysis with Bollinger Bands to generate structured trade signals. It identifies potential Elliott Wave formations and confirms trade entries through Bollinger Band positioning, ensuring alignment with price action. The system offers two trading modes: swing trading for longer-term setups and scalping for short intraday opportunities.

It supports three account size profiles—small (100–500 EUR), medium (500–2000 EUR), and large (2000+ EUR)—each adjusting trade sizing and money management to match risk capacity. Users can manually control parameters for customized configurations.

Risk management features include ATR-based volatility filtering to avoid extreme market conditions, session time filters aligned with Asian, London, and New York trading hours, and a daily drawdown guard that pauses trading upon reaching loss limits. Lot sizing options include fixed or percentage-based amounts, with automatic stop loss and take profit calculations. Additional controls cover maximum trades per session, break-even and trailing stops, and automated pauses after critical risk events.

Designed for Forex markets, particularly EURUSD and GBPUSD pairs, this system combines wave analysis and volatility management to provide disciplined trading adaptable to various styles and account sizes.