Bollinger Bounce Method

Hi,

I am sharing my latest development using Bollinger bands ,

the idea for a buy is to wait for both open and close past the higher band for buy past the lower bands sell

target is 30 pips with a 30 pip stop

only exit the trade when the price action gees inside the outer bands close immediately,

thats all there is to it

template below

enjoy

First of all congratulation on your thread.
Secondly, didn't understand brother what do you mean by this "buy is to wait for both open and close past the higher band for buy past the lower bands sell"

green open and close past the top bands enter long
]
red open and close past bottom of the band go short

if your aggressive then make the stop loss price going in past the outer bands

What time should this be used on?

1 hour timeframe

an EA would be good for this

@jamesagnew

why keeping opening all these nonsense thread?
we know your intension is to get the red diamond but you will not achieve it by opening many thread with rubish content like this.
Forex Factory is smarter than you and they know your ultimate goal.
If you have something to share must be valuable for the community.
Please stop literring the website with all your rubish

Every time he comes with those "ideas" he has said - "An EA would be great for this". I think he is trying to collect EA's for sale.