Discussion of article "Learn how to design a trading system by Bollinger Bands" - page 2

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In practice, it is very convenient to set the Bollinger Bands indicator settings, where the deviation value is set equal to one instead of two (as by default).

With this setting, all trend areas are outside the indicator lines, which is much more convenient for identifying trends.

 
Good morning sir how is your work please can you help us to design a trading system by Ichimoku Kinko Hyo thank for reagading
 
kman080 #:
Good morning sir how is your work please can you help us to design a trading system by Ichimoku Kinko Hyo thank for reagading

Hello kman080,

Thanks for you comment, I will try to do that.

 
MetaQuotes:

Article published Learning to design a trading system with Bollinger Bands:

Author: Mohamed Abdelmaaboud

Excellent I thank you very much I do not have knowledge as advanced as you but it was very helpful to use the indicator at the level where I am now where I am learning I really admire the depth of your knowledge thank you very much greetings
 
Jacobo Israel Salas #:
Excellent I thank you very much I do not have knowledge as advanced as you but it was very helpful to use the indicator at the level where I am now where I am learning I really admire the depth of their knowledge thank you very much greetings

Thanks for your comment, I'm glad to hear that the article helped you.

 

Dear Sir, 

Could you please help to also provide the code for auto trade EA for this trading system? So we can have an EA for auto trade/robot. Thank you.

Best Regards,

Rusmin

 
Rusmin Nuryadin #:

Dear Sir, 

Could you please help to also provide the code for auto trade EA for this trading system? So we can have an EA for auto trade/robot. Thank you.

Best Regards,

Rusmin

Thanks for your comment and I will try.

 
Thanks for this useful info.
 
John Winsome Munar #:
Thanks for this useful info.
Thanks for your comment.
 

I think there is an issue in your Trend system: if the current price is near the Upper/Lower band for a long time, it will generate too many signals. To reduce their number, you can add some offset from the Upper/Lower band to the Middle line:

   if (
      (Ask>=MiddleBandArray[0])
   && (Ask<UpperBandArray[0] - 0.002)
      )
         {
         Comment("BUY");
         }
...
   if (
      (Bid<=MiddleBandArray[0])
   && (Bid>LowerBandArray[0] + 0.002)
      )
         {
         Comment("SELL");
         }

or you can make it wait for a rollback beyond the Middle line and its re-crossing.

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