What are the best parameters for Bollinger Bands trading currencies?

Aug 04, 2017 at 11:31
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17 Replies
会员从Sep 28, 2015开始   5帖子
Aug 04, 2017 at 11:31
anybody got best ideas here?
会员从Apr 18, 2017开始   920帖子
Aug 07, 2017 at 06:18
I am using the default setting of BB, and I’m comfortable on it!
会员从Nov 21, 2011开始   1718帖子
Aug 07, 2017 at 08:32
Bollinger Bands are the best indicator.
This is the only indicator that can predict future.
Default parameters are already good.
会员从Nov 24, 2015开始   64帖子
Aug 07, 2017 at 17:56
会员从Dec 11, 2015开始   1487帖子
Aug 08, 2017 at 12:55
I just use the default settings and I am pleased with the results. I've seen no reason to change them.
会员从Jun 14, 2017开始   11帖子
Aug 08, 2017 at 14:54
BB look like they are great in hindsight but I find that they suck for actual trade entries. Stick to price action
会员从Apr 18, 2017开始   920帖子
Aug 09, 2017 at 06:24
LogiBear posted:
BB look like they are great in hindsight but I find that they suck for actual trade entries. Stick to price action

I agree with you; but on the rangy session, it works really great!
会员从Nov 21, 2011开始   1718帖子
Aug 09, 2017 at 08:01
AniLorak posted:
LogiBear posted:
BB look like they are great in hindsight but I find that they suck for actual trade entries. Stick to price action

I agree with you; but on the rangy session, it works really great!

I really prefer the part that come right after a BB squeeze. => BB expansion, breakout, strong price action.
会员从Dec 11, 2015开始   1487帖子
Aug 09, 2017 at 13:10
AniLorak posted:
LogiBear posted:
BB look like they are great in hindsight but I find that they suck for actual trade entries. Stick to price action

I agree with you; but on the rangy session, it works really great!

You don't need trend lines to figure out the channel of a range when you have the BB indicator on, true.
会员从Feb 12, 2016开始   522帖子
Aug 10, 2017 at 16:06
The 'best settings' settings depended from the time frame.
会员从Jan 12, 2012开始   6帖子
Aug 13, 2017 at 07:04
default setting is the best because everyone is using it.
会员从Aug 09, 2017开始   785帖子
Aug 13, 2017 at 07:07
When I was a newcomer I was using Bollinger Bands in demo account, but didn’t get maximal result that I did in demo.
会员从Dec 11, 2015开始   1487帖子
Aug 13, 2017 at 13:11
Imamul posted:
When I was a newcomer I was using Bollinger Bands in demo account, but didn’t get maximal result that I did in demo.

Do you still use the same indicator? Or you moved onto others?
会员从Nov 21, 2011开始   1718帖子
Aug 13, 2017 at 17:32
I suggest you guys to post a screenshot / signals based on BB
会员从Sep 28, 2015开始   5帖子
Aug 14, 2017 at 05:42
short term shorts or long can be identifier
会员从Dec 11, 2015开始   1487帖子
Aug 21, 2017 at 13:30
breesean posted:
short term shorts or long can be identifier

The BB indicator can help with both, I think.
会员从Apr 13, 2016开始   14帖子
Aug 22, 2017 at 06:16
Dear Breesean,
what you do this way is to guess! And with guessing you will not reach to the end you wish.
In order to find the best inputs for any indicator you need professional optimizer to calculate the best inputs for the indicator you want to use. For this purpose you can use EA Stuido in EA Forexacademy. Select BB indicator and all the rest entry and exit conditions and run the optimizer with predefined acceptance criteria.
It is important also to upload the historical data from your broker! That is essential! Make sure also to use at least 200 000 bars if you with to trade on M1, 100 000 for M5 and 50 000 for the higher time frames. That way you will avoid your strategy to be over-optimized. I have already some experience with this software, so do not hesitate to write me any questions.
会员从Apr 18, 2017开始   718帖子
Nov 12, 2017 at 15:55
AniLorak posted:
I am using the default setting of BB, and I’m comfortable on it!

May I know your time frame please? Because, it depends on the time frame.
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