Bollinger Bounce Strategy - 12 Month Test

This strategy is described by Learn To Trade. There is a link to their explanation of the strategy further in the description.

The strategy is simple and uses a 50 period EMA and 100 period EMA to establish a trend direction and then waits for price to touch the outer Bollinger as a pullback before placing a pending order in the direction of the trend.

The strategy suggests using a 4 hour timeframe and actually used an example from AUDNZD so I have modified my usual 6 instruments to include AUDNZD in this case. the strategy also suggests that there may be cases where trades are not take or are modified or closed based on judgement so this may not be well suited to automated testing.

These results should not be considered as conclusive nor any kind of recommendation. You should always conduct your own testing and verify your results.

Links:
MQL4 Code Video: https://youtu.be/QJR7tSPorOs
MQL5 Code Video: https://youtu.be/5U4LRK_teOs
Web: https://orchardforex.com/bollinger-bounce-strategy/
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LTT video: https://youtu.be/XGnZ_wBCp0k
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EMA
Bollinger Band
Metatrader 5 Expert

Видео Bollinger Bounce Strategy - 12 Month Test канала Orchard Forex