Thread: 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.

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.

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

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

Thanks, been looking for something along these lines