Bollingers Bands Scalping | No Coding Required | with AlgoBuilderX

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Scalping Trading Strategy with Bollingers Bands, Martingale Strategy and Spread and Time Filters

This cBot uses the Bollingers Bands indicator to create a scalping strategy.
For buy entries the candle must break the bottom of the BB and for sell entries the candle must break the top of the BB.
In addition, I set up a time filter to filter the cBot's trigger times and also a spread filter to open in favourable market situations.
Finally, trades alternate between buy and sell to avoid false BB signals.
When you start the bot it will open a standard position, after it closes the bot will follow the parameters set within ctrader.
The strategy also uses the Martingale which is always parameterised within cTrader.
 

If you want to buy the .algo and .abx of this cBot CLICK HERE
If you would like to try AlgoBuilderX: CLICK HERE

To create the cBot I invite you to watch this video I made on youtube: 
 

Please note that this is only an example and the cBot has not been optimised, I recommend you test it first in Demo