35# Bollinger Jurik Starc Band Strategy
Bollinger Bands with Juirck Starc
Day trading with Bollinger Bands and Jurick Starc Trend or Reversal.
Submit Alex
Bollinger Jurik Starc Band Strategy is a strategy for day trading based on two indicators Bollinger Bands and Jurick Starc Band.
The setting of this strategy is for 5 min time frame.
Currency pairs: EUR/USD, GBP/USD, USD/JPY, GBP/JPY, USD/CHF, EUR/JPY, EUR/NZD.
You can apply at the same time this template at 4 or 6 pairs.
Metatrader Indicators
Bollinger Bands with Juirck Starc:
Bollinger Band period 9, deviation 1.6, length 5.0),
ATR period 14,
KATR period 2.0,
Exponential moving average 200 period, close.
Trading rules Bollinger Jurik Starc Band Strategy
There are two ways for trading with this template.
The first is trend following, in direction of the 200 EMA.
Buy
The price is above the 200 EMA, only buy.
Wait buy arrow.
Sell
The price is below the 200 EMA, only sell.
Wait sell arrow.
Exit with predetermined profit target or at the opposite arrow.
The second way is reversal with stochastic oscillator (14, 5, 5, with level 80 and 20)
Buy
Buy arrow of Bollinger Bands with Juirck Starc.
Stochastic crosses upward but below 80.
Sell
Buy arrow of Bollinger Bands with Juirck Starc.
Stochastic crosses downward but above 20.
Exit with predetermined profit target or at the opposite arrow.
In the pictures Bollinger Jurik Starc Band Strategy in action.
Share your opinion, can help everyone to understand the forex strategy.
roberto (Friday, 20 March 2020 13:50)
muito bacana a estrategia