BBSR EA
Bollinger Bands + Stochastic RSI combo robot · Strategy documented · MT4
About BBSR EA
BBSR stands for the Bollinger Bands + Stochastic RSI combination. The strategy logic is publicly documented — for example the "BBSR Extreme Strategy" published on fmz.com: a long entry triggers when price moves up from below the lower Bollinger Band while the Stochastic RSI exits the oversold region, and a short entry is the mirror image at the upper band with the Stochastic RSI leaving overbought territory, with a user-defined stop-loss percentage for risk control. Circulated "BBSR EA.ex4" builds automate this same BB + StochRSI reversal logic on MetaTrader 4.
Honest caveat: the circulated ex4 robot itself has no official developer page or verified live track record — what is documented is the underlying BB + StochRSI strategy concept. Mean-reversion systems of this type perform well in ranging markets and suffer in strong trends. Backtest the exact file on your pairs before any live use.
- Platform: MetaTrader 4
- Price: Free (circulated in sharing packs)
- Source: fmz.com · BBSR Extreme Strategy (BB + Stochastic RSI rules)