31# Bollinger Band Squeeze Reversal System

Bollinger Band Squeeze flat

 

Submit by Marcus 10/05/2014

 

Bollinger Band Squeeze reversal system it'is based on the three bollinger bands.

Time Frame 30 min or higher.

Markets: forex, futures, Indicies, Stocks.

Metatrader 4 indicators:

3 bands indicator: setting

Bollinger Bands (120, 1) ;

Bollinger Bands (120, 2) ;

Bollinger Bands (120, 3) ;

Bollinger Band Squeeze;

Exponential Moving Average (4) (setting H1);

Exponential Moving Average (8) (setting H1).

 

Rules for Bollinger Bands Squeeze Reversal System

Check the price position.

If the price is on the one of the three Bollinger Bands on the lower or upper band check if the price rebound. If rebound entry position when EMA (4) crosses EMA (8).

The best entry is if the price bounces twice on the bands.

Do not enter if the price bounces off the first band (upper or lower).

 

Buy

Bollinger Band Squeeze flat

Price rebound on the one of the three lower bands

Entry position when 4 EMA crosses upward 8 EMA.

 

Sell

Bollinger Bands Squeeze flat

Price rebound on the one of the three upper bands

Entry position when 4 EMA crosses downward 8 EMA.

 

Exit position

Make profit at one of the middle bands or ratio 1.2 stopo loss.

Initial stop loss 15 pips below or above entry position.

 

This method can also be used for trading with Binary Options.

Bollinger  Band Squeeze Reversal System
Bollinger Band Squeeze Reversal System
Bollinger  Band Squeeze Reversal System
Bollinger Band Squeeze Reversal System
Bollinger Band Squeeze Reversal System
Bollinger band Squeeze reversal system it'is based on the three bollinger bands.
Bollinger Band squeeze reversal system.r
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Comments: 1
  • #1

    FXtrader (Thursday, 24 July 2014 17:03)

    Hello Marcus

    I would really appreciate it if you would please confirm what the different coloured dots on the 0.0 line actualy represent, and how they inter-relate to the histogram bars?

    Many thanks