114# Awesome and Bollinger Bands Scalping
Submit By Janus Trader
-
-
Trade between 3:00 am to 11:00 am ESDT(Eastern Standard Time)
Time Frame 5 minutes
Pairs: Majors
-
Indicators:
Bollinger bands (20; 2)
Awesome
MACD (12, 26, 9)
-
-
- Long Entry
-
AO(Awesome oscillator ) is turned green and is placed above the zero level.
-
-
-
MACD green band is above red band.
-
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
-
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.
Exit
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.
Share your opinion, can help everyone to understand the forex strategy.
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
12# Parabolic and Awesome - Forex Strategies - Forex Resources
114# Awesome and Bollinger Bands Scalping - Forex Strategies ...
75# Awesome, Stochastic and ADX - Forex Strategies - Forex ...
152# Awesome , Accelerator and HMA - Forex Strategies - Forex
18# Stochastic and Awesome - Forex Strategies - Forex
25# ADX, Awesome and Stochastic Histogramm - Forex
30# Stoch, Awesome and Ema - Forex Strategies - Forex
3# Pin Bar and Awesome - Forex Strategies - Forex Resources ...
173# Awesome - Forex Strategies - Forex Resources - Forex ...
83#Awesome and MACD - Forex Strategies - Forex Resources ...
32# AC,AO and Stochastic - Forex Strategies - Forex Resources ...
Write a comment
Romy (Wednesday, 05 April 2017 21:50)
Great strategy, Simple and effective.
Al Je (Tuesday, 26 June 2018 07:36)
Can this be used to trade futures and also can it be used at a different time instead of the mentioned 3am - 11am est? Thanks