379# Contrarian Trading System with HMA and Bollinger Bands
Contrarian Trading System
Submit by Janus Trader 19/07/2012
Time Frame 4H
Currency pairs: any
Indicators:
HMA (4,5, fast) (30,31, 32, slow); method 3;
Bollinger Bands (20, 2);
fractal.
Long Entry:
After that the price touches or breaks lower band:
Buy when HMA fast crosses up HMA slow.
Short Entry
After that the price touches or breaks upper band:
Sell when HMA fast crosses down HMA slow.
Stop Loss
25-35 pips depends by currency pairs: example Aud/USD 25 pips, EUR/USD 30 pips, GBP/USD 35 pips;
Profit Target
25-35 pips depends by currency pairs: example Aud/USD 25 pips, EUR/USD 30 pips, GBP/USD 35 pips;
Ratio=1:1
for best ratio move Stop loss at entry price after 20 pips in gain.
In the pictures Contrarian forex system in action.
133# 1 min Contrarian Scalping (VIII) - Forex Strategies - Forex ...
109# Contrarian - Forex Strategies - Forex Resources - Forex ...
153# Dynamic Channel, Contrarian Strategy. - Forex Strategies ...
346# Fx Contrarian - Forex Strategies - Forex Resources - Forex ...
150# Contrarian Scalping - Forex Strategies - Forex Resources ...
Contrarian with HMA and Bollinger bands
300# HMA and SMI - Forex Strategies - Forex Resources - Forex ...
124# Swing Extreme - Forex Strategies - Forex Resources - Forex
325# Past Regression Deviated Method - Forex Strategies - Forex
12# Renko with DTOSC and Past Regression Deviated - Forex ...
2# Renko with I-Regression bands - Forex Strategies - Forex ...
123# ATR Channels Strategy - Forex Strategies - Forex Resources
