OndaFX Bollinger Bands Forex Robot
The OndaFX forex robot trades on a simple Bollinger bands breakout concept. A buy trade occurs when the price trades outside of the lower BB, similarly, a sell trade occurs when the price trades outside of the upper BB.
Buy and sell trades will be closed at the middle Bollinger band. This EA takes market volatility into its calculations.
Trading Signals Buy: below the lower BB (“buy low” principle). Sell: above the upper BB (“sell high” principle).
Trading Preferences Platform: MT4
Currency pair: EUR/USD
Recommended time frame: 1 hour
Trading sessions: 24/7