568# RSIOMA and Bollinger Bands

RSIOMA filtered by Bollinger Bands

 

Submit by MJ 19/05/2014

 

Rsioma and Bollinger Bands trading system is an trend-momentum system with an areas of support and resistance.

Time Frame 30 min or higher.

Currency pairs. EUR/USD, GBP/USD, AUD/USD, USD/CHF, AUD/JPY, GBP/JPY, AUD/NZ, USD/NZ.

 

Metatrader Indicators:

Wave Arrows: indicator of support and resistance;

Short Trend;

Trend Bars,

RSIOMA wit Bollinger Bands indicator.

 

Rules for Rsioma and Bollinger Bands trading system

 

Long Entry

Short term trend green line;

Green Wave arrows;

Trend Bars green arrow;

Rsioma broken upper band.

 

Short Entry

Short trend red line.

Red wave arrows;

Trend Bars green arrows;

Rsioma broken lower band.

 

Exit Position when short trend changes colour, with profit target predetermined.

Initial stop loss at the previous swing.

 

In the picture Rsioma and Bollinger Bands trading system in action.

In the picture Rsioma and Bollinger Bands
In the picture Rsioma and Bollinger Bands
RSIOMA and Bollinger Bands trading system
rsioma and Bollinger Bands.rar
compressed file archive 32.3 KB

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