The strategy is very easy, it works best on H1 ,H4 and D.
When wilders ADX (default settings) is below 20, and price touch the upper or lower bollinger band (default settings), need to alert. Best would be an e-mail alert. I usually enter on lower timeframe, and use peeks and vallys to identify sideway markets!
When the e-mail has been sent, stop alert until one candle close again in the bollinger band, so we can reduce the mails.
Many thanks!
When wilders ADX (default settings) is below 20, and price touch the upper or lower bollinger band (default settings), need to alert. Best would be an e-mail alert. I usually enter on lower timeframe, and use peeks and vallys to identify sideway markets!
When the e-mail has been sent, stop alert until one candle close again in the bollinger band, so we can reduce the mails.
Many thanks!
Attached File(s)
ADX_WildersDMI_v1m.mq4
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