GRat IndiTrade example: Bollinger Bands Attached are templates with settings for all strategies, described in Learn how to design a trading system by Bollinger Bands. But unlike the originals, which only display messages on the chart, these strategies can automatically trade in MT5, in MT4 (using GRat_OrderImport (MT4)) and on crypto exchanges (using GRat_BinanceImport or GRat_Crypto). Just install GRat IndiTrade and apply the appropriate template to the desired chart. Trading Signals BBTrend – combined Uptrend and Downtrend: Ask >= Middle line and Ask < Upper band –> buy signal Bid <= Middle line and Bid < Lower band –> sell signal There should be only one open position at any time: BBSideways – combined Long and Short: The closing price touches the Lower band –> buy signal The closing price touches the Upper band –> sell signal To exclude consecutive entries in the same direction: Position Management BBTrend – combined Uptrend and Downtrend close: Bid > Upper band –> close long Ask < Lower band –> close short BBSideways – positions are closed at opposite signals:
