BBandsEntry

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This entry method is based on the Bollinger Bands indicator.

If BBandsEntry is set to 0, then this entry method is not used. If set to 1, Evolution will place a LONG trade when the price is BELOW the lower band, and a SHORT trade when the price is ABOVE the upper band. If set to 2, then Evolution will place the reverse trade i.e. a LONG trade if the price is ABOVE the upper band, and a SHORT trade if BELOW the lower band.

If a value is entered in BBDistance then a channel will be placed outside the upper and lower bands, which increases the distance that the price must move before Evolution will open a trade.

All trades will be placed with the trend.

If the price is between the two bands, then Evolution will place no trades.

Default is 0
 
 
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