Non's Bollinger Bands EA trading system (Non's Bollinger Bands EA trading system)
I think this EA/idea has its merits. I adapted it from John Bollinger's book "Bollinger on Bollinger Bands"
It goes a little like this:
An order is opened in the direction of the trend when the width of the band exceeds the maximum bandwidth of the band for the past 120 candles (%b is used to make this decision).
Exit when bandwidth starts to decrease.
SL is PSAR.
Anyway, I ran 5 minutes of full year EUR/USD data. I see it being a killer system, and I see where the rules fit in, but I hope it doesn't take trades.
What I need is some help filtering out more of the "bad deals". Does anyone have an idea?
I'm publishing an EA with supporting indicators and inclusions.
Thanks in advance.
It goes a little like this:
An order is opened in the direction of the trend when the width of the band exceeds the maximum bandwidth of the band for the past 120 candles (%b is used to make this decision).
Exit when bandwidth starts to decrease.
SL is PSAR.
Anyway, I ran 5 minutes of full year EUR/USD data. I see it being a killer system, and I see where the rules fit in, but I hope it doesn't take trades.
What I need is some help filtering out more of the "bad deals". Does anyone have an idea?
I'm publishing an EA with supporting indicators and inclusions.
Thanks in advance.
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