What currency pairs and timeframes does Bollinger Bands work for? (Contrarian trading edition)
Bollinger Bandsis one of the commonly used indicators.
This time, under the following conditions,
we will verify which currency pairs and timeframes it works for.
This time, under the following conditions,
we will verify which currency pairs and timeframes it works for.
We produced and tested an EA that continuously does counter-trend trading with Bollinger Bands.
The results were as follows.

Among these, we focused on this currency pair and timeframe.
Even just this looks like it could win quite well.
And by analyzing from various angles, we created an EA with a rising-right trend.
For safety, we tested with a spread of 2.5 pips,
which looks quite good! High win rate.
We plan to sell this EA in the future.
To conclude...
Bollinger Band reversal should be used on AUD/CAD on the 1-hour timeframe!
I hope this is helpful to everyone.
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