This EA uses the popular Bollinger Band rebound in discretionary logic. It is not a contrarian technique, but a trend-following logic that senses the trend and trades only in the direction of the trend. [EA name] BB Relationship_EURUSD_5M [BB Relationship_EURUSD_5M concept] Bollinger Bands, which are popular in discretionary logic, are often used as a contrarian technique in range markets, but entering along with the market flow when there is a trend will increase your chances of winning and increase the number of pips you earn. We have developed an EA that takes advantage of this tendency. [FX trends tend to continue] Once a trend appears in FX, it tends to continue easily. Therefore, we try to trade in the direction of the slope of the moving average line. Conversely, sudden trends tend to have a strong reversal, so we look at the separation between the short-term and long-term moving average lines, and when the separation is large, we refrain from the trend.
Total Profit
6,254
