Experts: BollingerBandsEA - page 2

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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 
 
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

 
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.
It traded rarely because rsi and the bar does not coincide on the same time period. If we can look at bars within collection of 3-5 bars as a condition in both BB and rsi, we will trade freqeuntly. Let me know if I would like to continue with this project. I do trade manually in this manner, because I m terrible with coding
 
Jianhua Cheng #:

Hello Jianhua Chen,

Thank you for your comment. You can expand this project as you wish. I just have one request.

Post it in the comments so others can follow suit.

Regards, Igor

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