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I find it (BBstops) does a great job with both the 1hr and 15min time frames. If I had any coding skills at all I would have this trading AND be able to catch some sleep...hahaha....look forward to helping you test this when you write it.
This would be a great EA to be able to try out. Could someone at least post on the level of difficulty the technical aspect of this particular EA would pose?
I had one created, but I cannot share it due to legal reasons. Over a month of testing on the 1hr, the conclusion is that there are too many false buy and sell signals in a sideways markets. This is the problem with most, if all EA's in existance. I have not come up with any filter to eliminate these false signals. The shorter the timeframe, the more false signals. 1 hr would be the best timeframe if it did work.
I would very much like someone to code this indicator into an EA. I have been trading these signals live on a 30 min chart on 6 pairs. I do not take the signal without confirmation. It has shown very good results over the past two months. I would be ecstatic even to have an audio alarm set up so that it sounds when the BB_Stops changes direction on the close of the bar.
Hi,
I've developed BBExpert_v1.
Try to optimize it for different pairs and TF.
Example of preset for GBP H1(MetaQuotes Server) you can find in archive.
Hi,
I've developed BBExpert_v1.
Try to optimize it for different pairs and TF.
Example of preset for GBP H1(MetaQuotes Server) you can find in archive.
Igor
Thanks a lot.
I will try to find the good settings next week for the different timeframes/pairs.
BBandStop EA
Linear Mode
