507# Dynamic Bull and Bear Band

Dynamic trading on the band

Submit by Freddy 02/03/2016

 

Dynamic Bull and Bear band is a simple trend- reversal strategy based on two  indicators: Dynamic Bull and bear band ; V Rod alert 2.0 nrp.

Time frame 5 min or higher.

 

Financial markets: Indices (Dax, S&P 500, Dow Jones 30, FTSE, CAC40, Forex (EUR/USD, GBP/USD, NZD/USD, AUD/USD, USD/CHF and Commodities.

Metatrader indicators:

Dynamic Bull and Bear Band: Band period 60, Band 1 (4.0), Band 2 (5.0), Band 3 (6.0).

V-Rod alerts (2.0) rnp. (Ma period 9, Osma 4, SD 0.5, Band period 20).

DNC Bandwidth 20 period (optional for to analize volatility of the market )

 

Trading rules Dynamic Bull and Bear Band

 

Buy

When the price touches or broken the first lower band wait the first buy arrow.

This setup is validated if the arrow appears in the next 15 bars.

 

Sell

When the price touches or broken the first upper band wait the first sell arrow.

This setup is validated if the arrow appears in the next 15 bars.

 

Increase of 0.01 lot each purchase / sale next in the same direction, if the price change is> 10 pips.

Sequence 0.01-0.02-0.03-0.04-0.05-0.06-0.07-0.08

 

Profit Target 10 pips

Increase the target profit of 4 pips for each subsequent trading in the same direction.

 

Example EUR/USD 1 PT=10- - 2 PT =14 – 3 PT=18 4 PT=22 – 5 PT = 26 – 6 PT =30.

In the pictures Dynamic Bull and Bear Band in action.

Dynamic Bull and Bear Band
Dynamic Bull and Bear Band
Dynamic Bull and Bear Band
Dynamic Bull and Bear Band
Dynamic Bull and Bear Band
Dynamic Bull and Bear Band
Dynamic Bull and Bear Band.rar
compressed file archive 27.1 KB

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