fxcodebase-backup
Bollinger Band and EMA
Source: https://fxcodebase.com/code/viewtopic.php?f=31&t=60195
Forum: 31 · Topic 60195 · 5 post(s)
Bollinger Band and EMA
moomoofx · Mon Jan 13, 2014 3:32 am
As requested on: viewtopic.php?f=27&t=60042
Buy Condition
- When previous bar’s low crosses the Lower BollingerBand
- AND current bar’s open is above the Lower BollingerBand
- AND current bar’s open is equal to or above the previous bar’s close
- AND the current price is the configured number of pips or more difference below the EMA.
Exit Long Conditions:
- Exit the long position when current price crosses the EMA.
Stop Loss:
- Low of the previous bar + n pips (i.e. where n is the number of pips configured for the stop)
Sell conditions are reverse of the above.
The Strategy was revised and updated on December 10, 2018.
Re: Bollinger Band and EMA
val567 · Mon Jan 13, 2014 8:28 pm
What settings / strategy parameters are you using in that picture there?
Time frame / EMA period / BB period / BB deviation / EMA difference / Limits? Stops? Etc.
Re: Bollinger Band and EMA
moomoofx · Tue Jan 14, 2014 3:10 am
EURUSD Both directions. Allow Multiple No stop order
The rest default I believe. Let me know if you cannot get similar results.
Re: Bollinger Band and EMA
moomoofx · Tue Jan 14, 2014 11:00 pm
It turns out the lovely equity curve I achieve in the screenshot I posted above is due to the fact that I’m using an Active Trader account with much lower spreads.
A strategy like this is essentially scalping and spreads become a big factor of course so keep this in mind.
Apologies for the confusion.
Re: Bollinger Band and EMA
Apprentice · Sun Dec 11, 2016 5:07 am
Strategy was revised and updated.