Bollinger – expert for MetaTrader 5

The strategy is based on the iBands indicator.

When the price breaks through the channel, a position is opened in the direction opposite to the price movement. If the price breaks through the upper channel border upwards, a Sell position is opened. If lower border is broken downwards, a Buy position is opened.

Fig. 1. Trading results for 2016-2017.

Fig. 1. Trading results for 2016-2017.