Mastering Bollinger Bands and RSI: Your Go-To Strategy for MetaTrader 5

Mike 2018.01.22 18:52 27 0 0
Attachments

Idea Author: Yuri, Code Author: barabashkakvn.

The strategy revolves around three main Bollinger Bands indicators. We use:

  • Red: Standard deviations set in parameters
  • Yellow: Standard deviations multiplied by 2.0
  • Blue: Standard deviations divided by 2.0

Bollinger Bands RSI

We optimized this strategy using the EUR/USD pair on the H1 timeframe, testing from June 6, 2017, to November 20, 2017. Here’s the result from a single run in the strategy tester, analyzed over the period from January 6, 2017, to November 20, 2017:

Bollinger Bands RSI result

We utilized the following parameters for the setup:

Bollinger Bands RSI parameters

List
Comments 0