Bollinger Bands AO AC EA
Buy : AO and AC are blue and over 0, bar closes over upper Bollinger Band.
Sell : AO and AC are red and under 0, bar closes under lower Bollinger Band.
Exit : Ask under middle Bollinger Band (for buy order). Bid over middle Bollinger Band (for buy order).
EU H1. One one year. Default settings.
Total net profit : 0.15%
RDD : 26.50%
Trading forex risk disclaimer. Exclusive EAs in the Elite section.
This system is inspired by this one. Here is the EA with the original rules.
EU H1. On one year. Default settings.
Total net profit : -19.32%
RDD : 25.03%
Trading forex risk disclaimer. Exclusive EAs in the Elite section.
counter trend instead of trend
Hi,
I think this EA should do the reverse. since equity is dropping. Why not do a sell instead of buy and vice versa?
Seems like the strategy should be a counter trend one instead of trending
Regards
Law SP
Hmmm,
seems to me that there is a flaw in this logic somewhere.
Although in theory this should work, the fact that it doesn't in practise shows us that the theory whilst sound, is not programmable given the level of logic these EAs are able to understand.
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