1# Deviation Bands Trading System

Deviations Bans with MACD (6,15,1,)

Submit by Forexstrategiesresources

 

Time Frame: 4H and Daily

Pairs: all.

Setup

1) Calculate a 5-bar simple moving average of closes.

2) Calculate a 15-bar standard deviation of closes.

3) MACD (6, 15, 1)

Long Entry Position

a) Check for a penetration of the middle band from down and Macd is above zero.

b) Buy at the market.

Short Entry Position

a) Check for a penetration of the middle band from the up and MACD is below zero.

b) Sell short at the market.

Exit Order

1)) This is a stop-and-reverse system. We exit a long position and sell short when the short entry is reached, and we exit a short position and go long when the buy entry is reached. Also to exit when the price

 

Take Profit: 60 pips EUR/USD, 70 pips GBP/USD 4H Time Frame, for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended).



 

In the picture belowDeviation Bands  Trading System in action.

 

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