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Higher period Bollinger Band breakout and retrace strategy - MetaTrader 4용 expert
- 게시자:
- Ashan Perera
- 조회수:
- 11833
- 평가:
- 게시됨:
- 2019.02.13 07:45
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The strategy based on the price breaking out of a high period Bollinger Band and then coming back into the bands.
For short trades: Wait until the price closes above the upper Bollinger band and wait for it to close below the upper band. Then go short with 1 ATR stop loss and 1.5 ATR take profit.
It can be used in any time frame but I recommend 15M as its rare that the daily or 4h will break out of an 800 period Bollinger band.
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