1# Deviation Bands Trading System
Deviations Bans with MACD (6,15,1,)
Submit by Forexstrategiesresources
Time Frame: 4H and Daily
1) Calculate a 5-bar simple moving average of closes.
2) Calculate a 15-bar standard deviation of closes.
Long Entry Position
b) Buy at the market.
Short Entry Position
b) Sell short at the market.
1)) This is a stop-and-reverse system. We exit a long position and sell short when the short entry is reached, and we exit a short position and go long when the buy entry is reached. Also to exit when the price
Take Profit: 60 pips EUR/USD, 70 pips GBP/USD 4H Time Frame, for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended).
In the picture belowDeviation Bands Trading System in action.
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