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This is an expert that uses MACD and Bollinger Bands as the main recipe of an operation.

The main objective of this algorithm is to recognize good price movement reversal zones.

 Bollinger Bands: occurs when price reaches/passes a certain distance between the mid-band and the external band.
 MACD: Histogram above Signal Line, and both are positive, Sell signal. Histogram below Signal Line and both are negative, Buy signal.
 Confirmation Signal: can be either Bollinger or MACD signal, used on a higher timeframe.
 Trade occurs when the number of positive signals are equal to the necessary number of signals to open a position.

Please make sure to strategy test the bot before using it on real money, you need to learn how to use it to understand.

Special obs:

  • -Bollinger Bands S.D.O.D. = this value sets the major behavior of Bollinger Bands on the strategy. Higher inputs means less dependency of the Bollinger Bands for the strategy.
  • -Runs only on a new candle (except Money Management). Open Prices Only can be used on optimization.

If you find any error, please report it. I will try my best to fix it as soon as possible.

Best Regards,

Yan Haeffner

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