37# Bollinger Bands with Patterns indicators

Inside Bar, Pin Bar, Out Side Bar, Doji. Metatrader Indicator

Submit by James 11/03/2013

 

Time Frame 30min or higher best time frame 4H or daily.

Currency pairs any;

 

Metatrader Indicators:

Bollinger Bands (20, 2);

Stochstic indicator (5, 3,3,);

InsideSide Bar metatrader indicator;

Pin Bar Indicator;

OutSide Bar Metatrader Indicator;

Doji indicator.

 

 

Rules

Short Entry

If we had a breach of the upper Bollinger bands we would be looking to go short and

therefore need the Stochastic indicator to be over bought and over the 80 line.

 

Long Entry

If we had a breach of the lower Bollinger bands we would be looking to go long

and therefore need the Stochastic indicator to be over sold and under the 20

line.

 

Once both of these conditions are met we look for our entry confirmation which

is a  formation, if we don’t see one then we wait until we do, if the

trades takes off without us then we wait for the next one.

 


Place a pending order at the triger level.

Stops are placed behind the recent high / low and always moved to break even

as soon as possible, usually when in profit by the same amount you risked.

 

Bollinger Bands with Patterns indicators
Bollinger Bands with Patterns indicators

bollinger bands with patterns indicators

bollinger bands with patterns indicators
Trading System: bollinger bands with patterns indicators template
bollinger bands with patterns indicators
compressed file archive 9.2 KB

doji_arrows

doji_arrows
trading indicator doji_arrows
doji_arrows.rar
compressed file archive 1.2 KB

Inside Bar

Inside Bar
Metatrader Inside Bar
Inside Bar.rar
compressed file archive 874 Bytes

Out side bar indicator

Out side bar indicator
Forex indicator Out side bar indicator
OB ident.rar
compressed file archive 1.5 KB
Pin Bar
Pin Bar
PinBar.rar
compressed file archive 6.0 KB

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