EURUSD Bollinger Bands Breaker

EURUSD Bollinger Bands Breaker EURUSD Bollinger Bands Breaker EURUSD Bollinger Bands Breaker
TimeFrame: M15
Profit factor 1.71
Instrument: Forex
Supported platforms: MetaTrader 4, MetaTrader 5, StrategyQuant
Type: Breakout

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.

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.

Membership

An active membership is required for this action, please click on the button below to view the available plans.