Bollinger barbeque | Forex indicator download - MT4/MT5 resources

This is a method that was backtested and paper traded from January to June this year and resulted in a profit of 3270 points.

I took inspiration from two of my favorite traders on this forum, Kharvell and Steviet. Taking the best parts of them and adding my own style

It is adjusted to trade on the 1 hour timeframe and GBP/CHF, but I'm sure it could work with many currency pairs with a little tweaking.

What do you need?

EMA 250
Bollinger Bands Period 20 and Deviation 2.0
Bollinger Bands Period 20 and Deviation 2.5

What is EMA used for?
This is our "trend" indicator.
We are only interested in selling if the price is lower than that.
We are only interested in buying if the price is higher.

What about Bollinger Bands?
We know that most of the time prices like to stay between ranges and sometimes prices go crazy and explode in either direction.
But most of the time price sees BB as support/resistance.

BB has two types of transactions.

* Based on outer ring

*Based on mid frequencies (which usually results in crazy explosions)