11# Bollinger Bands Breakout and RSI Trading System
Submit by joy22
Time Frame:15 or higher.
Bollinger Bands (2, 20);
When the RSI drops above 70, the RSI drops above the 'higher Bollinger Band' and when the Price drops above the 'HigherBollinger Band'.
When the RSI drops below 30, the RSI drops below the 'Lower Bollinger Band' and when the Price drops below the 'Lower Bollinger Band'.
15min: EUR/USD, 9 pips GBP/USD 12 pips
30min: EUR/USD, 14 pips GBP/USD 18 pips;
H4:60 pips EUR/USD, 70 pips GBP/USD ;
Daily: 200pips EUR/USD , 250 pips GBP/USD ;
Stop loss; 5 pips below or above of the entry bar.
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