EURUSD Bollinger Bands Breaker 

Required membership: Free (Activate the plan here)

Type: Breakout

TimeFrame: M15

Profit factor 1.71

Instrument: Forex

Supported platforms: MetaTrader 4, MetaTrader 5, StrategyQuant

Creating modern trading strategies today often combines classic technical indicators, generation from templates and artificial intelligence. The process begins with choosing a template that provides the basic structure of a strategy for trading in high volatility markets. This template uses proven indicators that track average price movements and volatility.

Artificial intelligence then comes into play as an analytical tool that processes huge amounts of historical data. AI identifies patterns and optimizes parameters, increasing the accuracy of predictions. The combination of templates, indicators and results in a sophisticated, adaptive strategy that constantly learns and adapts to changing market conditions.

We would like to introduce you to one of our strategies for free:

The EU_15_111517128_S_Op_CF_SQ3 is an algorithmic trading strategy for MetaTrader, tested on EURUSD using the M15 timeframe from April 1, 2004, to April 24, 2024. Key details are:

Parameters
Main Chart: Current symbol and timeframe

Trading Options
Weekend Trading: Allowed
Daily Exit: Disabled
Friday Exit: Enabled at 21:00
Signal Time Range: Not limited
Max Trades/Day: No limit
Stop Loss (SL) and Profit Target (PT): Min SL: 30, Max SL: 200, Min PT: 30, Max PT: 200 ticks/pips

Entry Signals
Long Entry: Triggered if no trade has recently closed and the condition is true.
Short Entry: Triggered if no trade has recently closed and the condition is true.

Entry Rules
Long Entry: Opens long orders at the open price plus 1.5 times the Bollinger Bands Width Ratio (BB Width Ratio) of the last 195 bars with a SL of 3.1 * ATR(25), moves SL to break-even at 25 pips, and has a trailing stop of 35 pips. Order is valid for 32 bars.
Short Entry: Opens short orders at the open price minus 1.5 times the Bollinger Bands Width Ratio (BB Width Ratio) of the last 195 bars with a SL of 3.1 * ATR(25), moves SL to break-even at 25 pips, and has a trailing stop of 35 pips. Order is valid for 32 bars.

Facebook
Twitter
Email
Print

Get access to the Free resources

Get trading strategies, ideas and utilities.