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@  traderpusa : (26 June 2019 - 09:37 AM) @suru tomorrow will be a better day. Relax first.
@  Tripack : (26 June 2019 - 09:19 AM) Sorry to hear :(
@  suru : (26 June 2019 - 04:41 AM) for me its bad day...,Many loses :wacko:
@  traderpusa : (26 June 2019 - 04:30 AM) when you are happy every day is good lol
@  suru : (26 June 2019 - 04:14 AM) Good day or Bad day?
@  edinm : (25 June 2019 - 07:17 AM) mladen po
@  Tripack : (25 June 2019 - 02:40 AM) Hey Singh what’s up bro ?
@  Singh : (24 June 2019 - 02:26 PM) Sup T
@  Singh : (24 June 2019 - 02:26 PM) Lol
@  Singh : (24 June 2019 - 02:26 PM) 60 sec Strategy Making Real Money
@  Tripack : (24 June 2019 - 06:40 AM) Guys, search section is top right lol
@  millatbd : (24 June 2019 - 03:19 AM) 60 sec Strategy Making Real Money
@  looser : (23 June 2019 - 11:13 PM) HighLow
@  traderpusa : (21 June 2019 - 01:01 AM) There are plenty of coders here that could help you if you prove your strategy is profitable, so just post it in a thread. For sure it will become a very popular thread.
@  traderpusa : (21 June 2019 - 12:59 AM) Ah, in that case did you make a thread and post/explain it ?
@  karabo : (21 June 2019 - 12:51 AM) thanks I already thought of that,but I learned a lot from this group I just wanted to also share it amoungst fellow helpers that can maybe improve it or make it suit their needs
@  traderpusa : (21 June 2019 - 12:35 AM) if your system is as good as you claim, you wouldn't mind spending a few $ to get it automated and post a job on https://www.mql5.com/en/job. My 2 cents.
@  karabo : (20 June 2019 - 08:18 AM) any good coders here to help ,having a good manual strategy ,hilding good results for the longest time ,need it to give alerts and not get all glued to screen.I have screen shots to prove results
@  vdsrilanka : (20 June 2019 - 03:14 AM) adx crossing
@  Tripack : (19 June 2019 - 09:10 AM) I think FSA maintains a list of blacklisted brokers

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Bollinger bands 5minute strategy


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171 replies to this topic

#41 FAT STAX

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Posted 21 July 2016 - 09:08 PM

I am not sure why the indicator missed this one.  Regardless, it is another absolutely beautiful setup:

 

IdMQrwG.png


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#42 FAT STAX

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Posted 21 July 2016 - 09:11 PM

Another itm trade:

 

1KO9V8c.png


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#43 FAT STAX

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Posted 21 July 2016 - 09:57 PM

Another itm trade:

 

sSnXcts.png

 

 


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#44 FAT STAX

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Posted 21 July 2016 - 10:34 PM

Another itm trade:

 

263nmTe.png


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#45 FAT STAX

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Posted 21 July 2016 - 11:41 PM

Here is a similar set up to the one I posted earlier: a shooting star above the upper bollinger band.  It would be nice if the indicator had the option to show set ups like this as well as bullish or bearish hammers that both open and close below the lower bollinger band.  

 

usdjpypro-m1-gain-capital-group-22.png


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#46 FAT STAX

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Posted 21 July 2016 - 11:46 PM

Another itm trade:

 

7d8EtNo.png


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#47 FAT STAX

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Posted 21 July 2016 - 11:49 PM

Another itm trade:

 

audusdpro-m1-gain-capital-group.png


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#48 FAT STAX

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Posted 21 July 2016 - 11:59 PM

Another itm trade:

 

v6wRZLB.png


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#49 FAT STAX

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Posted 22 July 2016 - 12:16 AM

Hey Guys

 

It is really weird.

I get arrows on FXCM MT4 but when I loaded indicator onto NoaFX no arrows.

 

So sorry guys let me try again.

I have recoded BB 5 Min Arrows.ex4 as a standalone indicator.

YOU DO NOT NEED WickPercentage_arrow_options.mq4 now.

I suspect WickPercentage_arrow_options.mq4 may have been the problem.

Note BarRange To BarBody setting : a high setting means long wicks such as pinbars / dojis.

As we do not want dojis and pinbars then use a lower setting below 2 such as 1.6 or 1.5

Play around with this setting.

If you use 10 you will see dojis and pinbars.

 

The screenshot shows it works in NoaFX

 

attachicon.gifRECODED IT WORKS !! ITM.png

 

attachicon.gifBB 5 Min Arrows.mq4

 

attachicon.gifBB 5 Min EA1.mq4

 

jimtang,

 

A million Thank Yous for creating an indicator and ea for mararakudzai's 5 minute expiry bollinger band strategy.  I am still tinkering with the input settings but I have absolutely been killing it with your indicator!  You are the man!


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#50 FAT STAX

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Posted 22 July 2016 - 12:34 AM

This is an example of what I referenced in my previous post: a bearish hammer that opens and closes below the lower bollinger band:

 

DxPa9iD.png


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#51 FAT STAX

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Posted 22 July 2016 - 12:37 AM

Another itm trade:

 

eurusdpro-m1-gain-capital-group-2.png


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#52 FAT STAX

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Posted 22 July 2016 - 01:06 AM

Another itm trade:

 

DFSDKQb.png


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#53 FAT STAX

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Posted 22 July 2016 - 01:27 AM

As we all know, they cannot all be winners.  This otm trade was annoying because it would have been itm seconds after expiry.  Please note I had a high setting of bar range to bar body of 2 for this set up.  Had I followed jimtang's recommendation and used a lower setting, this trade would have been filtered out.  Like I mentioned earlier, I am still playing with the settings to see which one I like best then sharing my experience with everyone in as close to real time as possible.

 

Qyltpby.png


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#54 Saygin-TR

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Posted 22 July 2016 - 05:27 AM

Hi @mararakudzai

 

İs it a correct setup ?

 

 

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#55 jimtang

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Posted 22 July 2016 - 05:46 AM

Hey Guys

 

I am glad my indi and EA are working well.

Fat Stax makes some very valid points regarding pinbars.

 

Basically we are trading price reversals, and pinbars may help.

For a CALL, a long lower tail/wick on alert bar suggests BUYERS are winning.

For a PUT, a long upper tail/wick indicates SELLERS are winning.

 

At the moment, the Indi / EA are coded for short wicks upper or lower and does not make a distinction between them.

It merely avoids long wicks as found in pinbars.

 

I have tried to code to follow the OP's original rules which give decent backtest results.

You can backtest any pair yourselves

I have coded my indi into Konkistadorr Empty EA for Binary Option test.mq4

It is a wonderful tool.

Put Konkistadorr Empty EA for Binary Option test.mq4 into EA folder.

It is an EA tester.

 

MT4 - VIEW tab ( Upper Right )- Strategy Tester - Settings Tab ( Bottom Left ) - Select Expert Adviser - Forex pair Symbol - M1 - Expert Properties ( 5 bars )- START

 

 

 

 

In my humble opinion, bollinger bands REPAINT so backtests are only an indication of strategy success.

Of course if we get a crappy 40% then forget strategy !!

 

Attached File  Konkis_EA_BO_Tester_v1.2 BB 5 min Arrows.mq4   22.78KB   103 downloads

 

Screenshot of Konkis_EA_BO_Tester_v1.2 BB 5 min Arrows results

 

Attached File  EURUSD.png   22.63KB   34 downloads

 

 

 

 


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#56 jimtang

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Posted 22 July 2016 - 05:52 AM

Hi @mararakudzai

 

İs it a correct setup ?

 

attachicon.gifxxx.png

No because lower wick of alert bar crossed below upper BBand.



#57 tootall

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Posted 22 July 2016 - 06:51 AM

Nice work Jimtang if you use every tick in stat tester should get fairly reliable results.

 

If i am not wrong I believe Silverdream's EA was similar maybe he could comment, I maybe wrong.

 

Certainly people seem to be getting good results at the moment, as with all BB stuff we pray for no waterfalls.


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#58 Tez

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Posted 22 July 2016 - 07:20 AM

Nice work guys: Jim , you were just couple minutes before me, also wanted to post the Konkis EA with your EA code in it.

Anyway here are my results so far (using opening prices in strat tester, not every tick) : also tested USCCAD/ AUDUSD and NZDUSD but dindt got very profitable results... 

Attached Files

  • Attached File  BB.JPG   173.38KB   0 downloads

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#59 sehanw

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Posted 22 July 2016 - 07:53 AM

Jimtang,

 

How many trades you got today with EA with how many pairs and ITM?

 

Thanks in Advance.



#60 tootall

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Posted 22 July 2016 - 08:04 AM

Jimtang,

 

How many trades you got today with EA with how many pairs and ITM?

 

Thanks in Advance.






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