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GRat IndiTrade instance: Bollinger Bands
Hooked up are templates with settings for all methods, described in Learn to design a buying and selling system by Bollinger Bands. However not like the originals, which solely show messages on the chart, these methods can robotically commerce in MT5, in MT4 (utilizing GRat_OrderImport (MT4)) and on crypto exchanges (utilizing GRat_BinanceImport or GRat_Crypto). Simply set up GRat IndiTrade and apply the suitable template to the specified chart.
Buying and selling Indicators
BBTrend – mixed Uptrend and Downtrend:
- Ask >= Center line and Ask < Higher band –> purchase sign
- Bid <= Center line and Bid < Decrease band –> promote sign
There ought to be just one open place at any time:
BBSideways – mixed Lengthy and Quick:
- The closing value touches the Decrease band –> purchase sign
- The closing value touches the Higher band –> promote sign
To exclude consecutive entries in the identical path:
Place Administration
BBTrend – mixed Uptrend and Downtrend shut:
- Bid > Higher band –> shut lengthy
- Ask < Decrease band –> shut brief
BBSideways – positions are closed at reverse alerts:
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