The author of the idea — Viktor Fateev, mq5 author — barabashkakvn.Â
Author:
The system is not mine, it was described by Chuck LeBo and David Lucas.
This EA uses the following purchase rules:
1. MA_Long should go up – this is a filter.
2 The closing price must cross from the bottom to the top of the upper Bollinger Boundary (BB_Up).
3 When buying, set the stop at the lower Bollinger Border minus the reserve points.
Exit:
When crossing the price of closing the middle Bollinger line from top to bottom.
The GBPUSD, H1 pair is recommended.