Hi Brian1980, I came up with the same kind of strategy but I am not acquainted with coding. You have said in your post that you'll make an EA for this system. Just wanted to ask if you succeeded in doing so?
Nine years later ?
Maybe you can try codebase: https://www.mql5.com/en/search#!keyword=bollinger&module=mql5_module_codebase
We have 22 pages of bollingerband code.
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This is an awesome forum! Thanks to everyone who has contributed information that I have been studying. Also, thanks in advance to anyone who offers me help here.
So, I am fairly new to the Forex market, and I have been experimenting with trial accounts and trying to come up with a system for trading. What I have come up with so far and what I think will work best with my way of thinking is based off the Bollinger squeeze-breakout:
Possible points of refinement / parameters to identify:
Please provide constructive feedback on any and all parts of my system. I will continue to manually test it on my trial accounts, and probably start developing a MQL4 program for it. If there is already one out there, I would appreciate a link so I can examine and test it.
Thanks for reading, thanks in advance for feedback, and good trading to all!