254# Forex Money Arrow

Bollinger Bands Stop Trading

BB Stop filtered by Momentum and Support/Resistance

Submit by DimitriFX

 

 

Forex Money Arrow is a trend following strategy based on Bollinger Band Stop filtered by indicator of momentum and support and resitance zones, This is a strategy very accurate for low time frame and is suoitable for scalping and binary options. The main featur of this trading system 's that the direction of market is determined by an combination of S/R and indicators that agree in the same direction.

Binary options expiry time 3- 5 candles 5 min – 1 min TF expiry time 5 - 7-10 candles depends by the distance of the support or resistance.

Time 9:00 AM – 20:00 PM GMT Berlin ( Dax Session).

Time Frame 1 min or 5 min.

Currency pairs majors and indices.

 

Metatrader Indicators

Bollinger Bands Stop (20, 2).

Support and resistance idicators

Heiken Ashi smoothed 15 period.

Osma default.

MACD (6, 14).

BMA Power (20, 12, 26) smooth 5, deviation 1.0,

BMA trend (12, 26, 10, deviation 2.5).

 

Trading rules Forex Money Arrow

6 conditions to be agree also with support or resistance.

 

Buy or Call

Price above support.

Bollinger band stop direction up.

Heiken ashi smoothed below the candle.

BMA Power aqua dot.

BMA Trend aqua dot.

MACD aqua bar.

OSMA aqua bar

Exit at the level of the resistance or with predetermined profit target.

Initial stop loss below previous swing low.

 

Sell or Put

Price below resistance.

Bollinger band stop direction down.

Heiken ashi smoothed above the candle.

BMA Power red dot.

BMA Trend red dot.

MACD red bar.

OSMA red bar

Exit at the level of the support or with predetermined profit target.

 

Initial stop loss above previous swing high.

In the pictures Forex Money arrow in action.

Forex Money Arrow
Forex Money Arrow
Forex Money Arrow
Forex Money Arrow
Forex Money Arrow
Forex Money Arrow
Forex Money Arrow
Forex Money Arrow

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

Comments: 0
Forex Money Arrow
Forex Money Arrow
Forex money arrow.rar
compressed file archive 265.5 KB
https://www.forexstrategiesresources.com/.../531-power-arrow-with- megatrend-trading-system/
Submit by Havier 25/01/2014. Power Arrow with Megatrend Trading System how to install. After downloading your files. Copy 
https://www.forexstrategiesresources.com/.../181-binary-cash-filtered/
Binary Cash Filtered is another complex technique to filter out 'indicator ... When appears Binary Cash arrow sell for entry, wait the PB Fast3EMA red color and ...
https://www.forexstrategiesresources.com/.../16-forex-money-manager/
Forex money manager is an ea (expert advisor). This is a great support for every trader becouse just need to manually open the trade and forex money manager ...
https://www.forexstrategiesresources.com/.../H1+scalper++Full+explanation+2 .pdf?...
File Format: PDF/Adobe Acrobat
Expect an S1 or L1 on the indicator, and then on the dashboard an arrow either ... valid trades to trade on 4h TF, which are the better ones to enter if your money.
https://www.forexstrategiesresources.com/.../497-smart-money-index-trading/
Dec 30, 2015 ... Smart Money Index Trading is an intraday trading system trend-momentum based on the Smart Money Index Indicator and two entry arrow ...
https://www.forexstrategiesresources.com/.../132-bollinger-bands-reversal- with-platinum/
May 9, 2015 ... The platinum indicator is Alarm indicator , a signal in the form of arrows corresponding color is displayed on a candle, and is not redrawn.