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Bollinger Band EA
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Old 07-14-2007, 08:06 PM
parmi99@gmail.com parmi99@gmail.com is offline
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Default Bollinger Band EA

Can someone program an EA based on the situation when the price starts 'walking the outer bands'(above upper band for long and below lower for short). It can be very rewarding. And to exit the trade when price enters the band.
Needlesss the to say it will have to filtered for false setups, that is, when price returns into the bands after a short time.
I have found it to be happening quite often if the Bollinger Bands is setup for(10,0,1,weightedclose)and market is trending.
All for60min charts

Last edited by parmi99@gmail.com : 07-14-2007 at 08:17 PM.
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