4H Bollinger Strategy EA

M256 · #1 (**permalink**) 05-05-2009, 11:44 AM

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.

shenxinon · #2 (**permalink**) 05-05-2009, 02:00 PM

thank you , i've downloaded that files

M256 · #3 (**permalink**) 05-06-2009, 10:40 AM

You're welcome man..

Yarizona · #4 (**permalink**) 05-15-2009, 07:52 AM

Quote:

Originally Posted by M256

You're welcome man..

are you still trading with this system? can you please share your live or forward test results?

thanks!

Hendry.forex · #5 (**permalink**) 05-15-2009, 08:03 AM

Hi M256, i see you screenshot you use 4H TF is your strategy only use for that 4H TF or can applied with another TF ?

I think your strategy work for Trending not for sideways right ?

Thanks

lshn · #6 (**permalink**) 05-15-2009, 10:45 AM

thanks for sharing man.
I will have a look at it soon.