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Thread: GY 1M Bollinger Bands Scalping System EA

  1. #1
    Administrator funyoo's Avatar
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    Default GY 1M Bollinger Bands Scalping System EA



    This expert advisor enters orders when the price has reached the middle of the zone between the upper/lower red line and the upper/lower orange line. Sell for the zone over the central yellow line and buy for the zone under this same yellow line. The exit is made when the price reaches this central line

    The ea doesn't take in consideration the news, you will have to filter this yourself. For the ranged market, I have added the MinimumVolumes options that will allow trading only if a certain volume is reached during the two previous bars.

    It is designed for GY M1, I have not a good modelling quality at this level, you have to do your own tests.
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  2. #2

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    Hi Funyoo,

    Just my 2 cents here. I played bands a long time ago (not that long), and found that the open and close price is equal most of the time with the upper and lower band period 2 price close deviation 1, and you can find that on any TF

    If we should make ea base on that, we should buy only when most of the band's line going up or when the close price is equal with the upper band and sell when most of the band's line is down or the close price is equal with the lower band.

    However there's plenty of noise, though, which I still unable to filter.

    Like I said, just my 2 cents.
    Last edited by onewithzachy; 06-26-2009 at 06:07.

  3. #3
    Member tinohrid's Avatar
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    Unhappy false strategy tester

    Watch these: only on strategy tester - Interbank(4 decimals)

    EUR-JPY M5
    BB - 40
    dev1 - 2
    dev2 - 3
    dev3 - 4
    lots - 1
    martingle - true
    multi - 2
    min lot - 1
    max lot - 32
    SL - 80
    TP - 50
    max orders - 6

    enjoy, but just at IBFX strategy tester
    Attached Images Attached Images GY 1M Bollinger Bands Scalping System EA-gy-results-gif 
    valentin

  4. #4
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    Default

    Quote Originally Posted by tinohrid View Post
    Watch these: only on strategy tester - Interbank(4 decimals)

    EUR-JPY M5
    BB - 40
    dev1 - 2
    dev2 - 3
    dev3 - 4
    lots - 1
    martingle - true
    multi - 2
    min lot - 1
    max lot - 32
    SL - 80
    TP - 50
    max orders - 6

    enjoy, but just at IBFX strategy tester
    just to let u know:
    as long as u dont test in tick mode with 90% quality your backtests are worthless

  5. #5
    Member tinohrid's Avatar
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    Default you right

    Yes i agree, i was try in demo these strategy, and i am very disspointed from the results.
    valentin

  6. #6
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    Default

    @funyoo tahnk a lot i just stmble on this EA and would like to know more on the EA, will appreciate it if you help

  7. #7
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    Default funyoo

    hey funyoo thx for your work. I reverse the EA and it working good, can you add in expert (expert conditions to close position) on the touch off other side bands. plzzzzzzzzzz.

  8. #8
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    Default funyoo

    can you add for filter this indi
    Attached Files Attached Files

  9. #9

    Default

    Thanks, been looking for something along these lines

  10. #10

    Default

    Hi Funyoo, can you "update this EA to your newest template" - so it works with 5-digit brokers and ECN execution and have all the other stuff like news filter etc.?
    I'd be really grateful.

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