• Overview
  • Reviews (3)
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Bollinger Bands EA

This Expert Advisor is based on Bollinger Bands. It uses trend-following strategy (DEMA) and Bollinger Bands indicator.

The advance of this EA uses stop loss and take profit input parameters it makes to protect trader's money.

Strategy Tester during last 11 month (EURJPY H4) form 2015.01.01 to 2015.12.05.


Input Parameters

  • bands_period - Bollinger Bands period;
  • dema_period - DEMA period;
  • bands_shift - Bands shift;
  • deviation - Standard deviation;
  • Lot - Trade volume (in lots);
  • StopLoss - Stop Loss (pips);
  • TakeProfit - Take Profit (pips).


The Strategy

  • Open long position: DEМА is growing up and white (bull) candle crossed the Lower Bollinger Band from below to above.
  • Open short position: DEМА is falling down and black (bear) candle crossed the Upper Bollinger Band from above to below.
  • Close long position: Black candle crossed the Upper Bollinger Band from above to below.
  • Close short position: White (bull) candle crossed the Lower Bollinger Band from below to above
Micaela Suter
399
2016.07.19 14:05 
 

Thank you

Nork
1603
2016.03.21 04:02 
 

User didn't leave any comment to the rating

Rodrigo da Silva Boa
7066
2016.01.31 02:31 
 

User didn't leave any comment to the rating