80# Starc Bands with Bollinger Bands Trading System
Submit by Maximo Trader 05/12/2012
Time Frame 5 min or higher.
Setup for only trading plataform
Bollinger Bands (15.2),
Stochastic (20, 9, 9).
When lower Bollinger Band Cross down lower Starc band, the candle has closed below the bands and stochastic is <50.
When upper Bollinger Band Cross up upper Starc band, the candle has closed above the bands and stochastic is >50.
Setup for Metatrader 4 plataform
Bollinger Bands (15, 2)
1)When lower Bollinger Bands Cross down lower Starc bands,
2)the candle has closed below the bands,
3)RSI BAR is red,
4) Ratis stochastic is with red dot.
1)When lower Bollinger Bands Cross up upper Starc bands,
2)the candle has closed above the bands,
3)RSI BAR is blue,
4)Ratis stochastic is with green dot.
Stop Loss and Profit Target Rules:
Place stop loss 10-12 pips for 5min Time frame, 18-24 (pips for 15min time frame), 28-32 pips for (30 min and 60 min time frame), 34-40 (pips for 240 min Time frame), 45-60 pips fo daily time frame).
Trade Objective:profit target predetermined by time frame or Ratio:1: if stop is 10 pips target is 10 pips.