114# Awesome and Bollinger Bands Scalping

Submit By Janus Trader

    1. Trade between 3:00 am to 11:00 am ESDT(Eastern Standard Time)

      Time Frame 5 minutes

      Pairs: Majors



    Bollinger bands (20; 2)


    MACD (12, 26, 9)

  1. Long Entry
  2. AO(Awesome oscillator ) is turned green and is placed above the zero level.
        1. MACD green band is above red band.

        2. MACD histogram is above zero level.

        One bullish candle has to close above mid BB and enter immediately at the open of next candle if the rest of components agree to each other.

        What to look for. Bullish candle has to close above mid BB and pull trigger to go long as soon as the candle that crosses mid bb closes.



Short Entry


  1. One bearish candle has to close below mid BB and enter immediately at the open of next candle.


Candle has to close below mid BB and pull trigger to go short as soon as the candle that crosses mid bb closes.

 AO(Awesome oscillator ) is turned red and is placed below the zero level.

 MACD red band is below green band.

 MACD histogram is below zero level. 



Place stop loss if Going Long, three pips under mid BB if candle closes in selling area.If going short, place stop loss three pips above mid BB if candle closes in buying area.

Profit Target 6-10 pips



The rules of the system in the pictures below.

Awesome and Bollinger Bands
Awesome and Bollinger Bands.rar
compressed file archive 7.0 KB


Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 0

Bollinger Bands Forex Strategies

65# Bollinger bands Spike scalping - Forex Strategies - Forex ...

6# Bollinger Bands Reversal - Forex Strategies - Forex Resources

88# Bollinger Bands and RSI Scalping - Forex Strategies - Forex

114# Awesome and Bollinger Bands Scalping - Forex Strategies

16# Bollinger Bands scalp GBP/JPY - Forex Strategies - Forex ...

4# Bollinger Bands, and CCI - Forex Strategies - Forex Resources

7# Bollinger Bands Trend - Forex Strategies - Forex Resources ...

14# Bollinger Bands, RsI And Stochastic - Forex Strategies - 

13# Bollinger Bands Bounce - Forex Strategies - Forex Resources

188# Bollinger Bands and Stochastic - Forex Strategies - Forex ...

17# Bollinger Bands and Equidistant Channel - Forex Strategies ...

18# Bollinger Bands and RSI Divergence - Forex Strategies - 

15# Bollinger Bands and ADX - Forex Strategies - Forex 

12# Bollinger Bands and Fibonacci Retracement - Forex 

16# Bollinger Bands with ADX, RSI and Two MA - Forex 

11# Bollinger Bands Breakout and RSI - Forex Strategies - Forex

181# Bollinger Bands Stop - Forex Strategies - Forex Resources

33# Pin Bar, Bollinger Bands and Jma Starlight - Forex Strategies

57# Scalping with Money Flow Index and Bollinger Bands - Forex

55# Bollinger Bands Exit System - Forex Strategies - Forex ...

80# Starc Bands with Bollinger Bands - Forex Strategies - Forex

152# Bollinger Band Scalping - Forex Strategies - Forex 

Bollinger Bands Metatrader Indicator - Forex Strategies - Forex ...



Awesome Forex Strategies