Double Bollinger Strategy. Price crosses inner BB (with increasing outer BB) long is placed. Long is closed when price closes below outer BB. Reversed for short. The numbers are tuned for NZDUSD 15min chart.
Pbin = percent on inner BB Pbout = percent on outer BB
There are all kinds of other inputs, trailing stop, limit, etc.
Errors, questions, suggestions are wanted, thank you
Hi, can I ask what is the setting for BB. And what are those 4 lines in the chart?
YoussefRazak
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hi. how can you make it to t/p at +30 pips and s/l at -15 ??
forexpirate
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When you add the script to your chart look for a gear symbol near its label on the chart upper left side. When you press the gear symbol you it choices, look for a list that includes stop loss, trailing stop, limit (profit). That is where you enter that information.
sk12722
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Hi...Can you help understand the +/- numeric values near each comment ? rgds
forexpirate
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The +- is the amount long or short. I dont remember if I was using USD or contracts when I published this script.
And what are those 4 lines in the chart?