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Old 05-05-2009, 11:44 AM
M256 M256 is offline
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Join Date: Mar 2007
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Simple Swing Strategy - 923 pips in 2 weeks - EA

An EA based on the BollBounce Method.

Gain (2 year backtesting):
117.74%

Entry
Trade occurs when price bounces off the moving average of Bollinger, if the moving average is trendy (not flat). Examples of trades are attached.

Stop Loss
1 pip below the low of the signal candle (for longs)
1 pip above the high of the signal candle (for shorts)

Full description is available here.

Thanks to funyoo from TradingSystemForex who coded this EA.
Attached Images
File Type: gif StrategyTester Bollbounce EA EU H4.gif (7.1 KB, 589 views)
File Type: jpg 1.jpg (176.7 KB, 587 views)
File Type: jpg 2.jpg (180.7 KB, 577 views)
Attached Files
File Type: mq4 BollBounce EA.mq4 (19.4 KB, 333 views)
File Type: htm backtesting.htm (330.5 KB, 206 views)
__________________
Regards,
Michael - MetaTrader Indicators Developer

Last edited by M256; 05-06-2009 at 10:41 AM.