22# Bollinger Bands, MACD and MA
Bollinger Bands Trading System Intraday
Submit by Janus Trader 27/04/2012
Rules for Bolliner Bands Trading Sytem Intraday
Time Frame 15 min
Moving Average (MA Smoothed period 2) ;
ENTERING THE TRADE for Bollinger Bands Trading System Intraday :
MA (2) Crosses upward midlle band and MACD histogram is below the line.
MA (2) Crossse downward midlle band and MACD histogram is above the line.
At the pivot levels, 10-15 pips profit target or opposite band;
Place stop loss 12-16 pips depends by currency pairs,
for sell 2 pip above upper band.
This Trading system have and good profitability wit profit target 8-12 pips.
One of the best, create EA to share here.
EA EUR/USD PT 9 Stop loss 13.
In the pictures below Bollinger Bands, MACD and MA in action.
Forex System Bollinger bands, MA and MACD: Indicators and Template
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