Bollinger Band Squeeze Color-Change Trading Signals

Summary

This document describes an Expert Advisor that trades signals from the BBSqueeze indicator. It opens a transaction when a bar closes and the indicator histogram changes color, using that change as the entry trigger. The document gives no further detail about how the indicator defines its colors or how positions are managed.

The stated test used USDCHF four-hour bars during 2011 with the EA’s default inputs. Stop-loss and take-profit orders were omitted. The document refers to a chart and test results but provides no readable performance figures here, so it does not support conclusions about profitability. Results may depend on the indicator implementation and settings, and the EA requires the compiled indicator file to operate.

Key ideas

• The EA uses a change in the BBSqueeze histogram color at bar close as its trade signal.
• The described test covers USDCHF four-hour data for 2011 and uses default EA parameters.
• Stop-loss and take-profit orders were not used in the test.
• The document gives no numerical performance results or details of position management.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.