Experts: BollingerBandsEA - page 2

[Jianhua Cheng]

Igor Widiger #:

Hello Jianhua,

I will do that. But how should the RSI indicator behave?

If below 30 then buy and above 70 sell?

Greetings Igor

PS: In your case, the EA with RSI indicator will trade very rarely.

Hi Igor. What i was thinking
At oversold bullish, ordered sell is triggered on three conditions 1) bar hits bb n retrace back into Bollinger channel. 2) rsi hits 70. 3) bar has turned bull to bear.
For taking profit, we can first treat it as the other way round 

[Igor Widiger]

Jianhua Cheng #:
Hi Igor. What i was thinking
At oversold bullish, ordered sell is triggered on three conditions 1) bar hits bb n retrace back into Bollinger channel. 2) rsi hits 70. 3) bar has turned bull to bear.
For taking profit, we can first treat it as the other way round 

Hello Jianhua,

I tried this strategy and found that this strategy has very few setups. Many people will not like that.

Regards Igor