A集中講座 for people who want to create automated trading even with zero programming knowledge: "EA Make-React" Intensive Course | Session 5: Create a method that combines Bollinger Bands and RSI!

To create an automated trading program with MT4, you need knowledge of programming, and such a thing must be impossible for you! …Is there anyone who has given up on creating automated trading for that reason? However, there is no need to give up. This is because there is a support tool called "EA Create" that makes up for lack of knowledge. In this series, we interview the developers of the software and share how to use it concretely.

Keisuke Iwabuchi Profile

Keisuke Iwabuchi. Born in Heisei 1 (1989). After graduating from Fukushima National College of Technology, Department of Materials Engineering, he transferred to Nagaoka University of Technology. During his graduate studies, he got hooked on FX and started using MT4.

*This article is a reprint and re-edit of an article from FX攻略.com, April 2018 issue. Please note that the market information described in the text may differ from the current market.

Editorial department: This time we prepared a logic that combines Bollinger Bands and RSI. It’s the first time to combine two technicals. What kind of creation process will it take?

IwabuchiThis is a contrarian (mean-reversion) logic. For this logic, four settings are required: three entry conditions and one exit condition. First, let's set the entry condition: the candlestick drops below the Bollinger Band −2σ.