Bollinger Bands RSI technique makes use of a slower RSI with interval 14 to promote when the RSI will increase over the worth of 55 (or to purchase when the worth falls beneath 45), with the basic Bollinger Bands technique to promote when the value is above the higher Bollinger Band and falls beneath it (and to purchase when the value is beneath the decrease band and rises above it).
This technique solely triggers when each the RSI and the Bollinger Bands indicators are on the identical time within the described overbought or oversold situation. As well as there are coloration alerts which may be deactivated.
This fundamental technique relies upon the “RSI Technique” and “Bollinger Bands Technique” , makes use of a trailing cease loss and no scalping strategies. Each win/loss commerce is solely counted from the final overbought/oversold situation to the subsequent one.
ENUM_MODE: Pips = 1, Cash = 2, % = 3
ENUM_STRATEGY: BollingerBands=1, RSI=2, BandsAndRSI=3
* Bollinger Band (BB):
– Purchase when the value is beneath the decrease Bollinger Band
– Promote when the value is above the higher Bollinger Band
* RSI Filter:
– Solely place buys when RSI is decrease then worth
– Solely place sells when RSI is Increased then worth
