Bollinger bands + 50 EMA (Bollinger bands + 50 EMA) - MT4/MT5 resources

Hi everyone, I just wanted to share a strategy here so I can get feedback from everyone who tests it in their spare time.

I tested it using the trading simulator bluefx.

I'm posting the results of the 8 day test.

This will take time, so maybe someone can make an EA for this.

Below I have the template and results.

Here's how to trade:

Time range 1 hour

For long trades; the 50 EMA must be below the price and the mid-term bb.

Every time there is a bearish candle close, proceed with the long trade, regardless of the price level, just use the same lot size for the long trade.

Lot size depends on your account. For example, if you want to be really safe. Use 0.01 lot per $10,000.00 account.
As long as your broker offers you at least 200:1 leverage, using 0.01 lot for a $1000 account is fine.

There are two ways to exit a trade;

1: Once the bullish candle pierces the upper bb and closes outside, you close all trades. At this point, when there is a bearish candle that closes within the top bb, you can start a long trade again in the same way (an alternative is to continue trading in the same way even if the price breaks above the top bb.)

2: Price crossed and closed below the low bb + 50 EMA.

For selling, the opposite is true.

Now my results are based on taking the trade until price crosses the low bb or the top bb +50 EMA and closes.