44# Bollinger Bands, MA, MACD Reversal
MA cross Bollinger Bands
Best Reversal Strategy
Submit by Leviatan
Bollinger Bands, MA, MACD Reversal is a trend, reversal strategy based on MTF indicator of Bollinger Bands MA cross. The maine feature of this indicator for build the trading system is that the setting is an tine frame higher that the current for example if I trade at 30 min time frame the setting of time frame of this indicator is 60 min.
Another characteristic of this system is that it has two entry timings, one more aggressive (MACD) and the other more moderate (Arrows and Curves indicator).
This system is suitable for day trading and swing trading.
Time frame 15 min or higher.
Currency pairs: any, Commodities.
Metarader 4 indicators setting:
Bollinger Bands MA cross MTF with dot +alert ( period 20, deviation 1,61, moving average 3 period, setting current time frame +1) Dot green wait for cullish reversal red dot wait for bearish reversal.
Arrows and curves alert period 6.
Forex Neural Profit indicator (12, 24, 9).
Trading rules Bollinger Bands, MA, MACD Reversal
Buy
When appears green dot wait for entry that FPN crosses upward (aggressive) or the buy arrow of Arrow and Curves.
Sell
When appears red dot wait for entry that FPN crosses downward (aggressive) or the sell arrow of Arrow and Curves.
Exit position
Place initial stop loss 5 or more pips (depends by time frame) below/above the dot of Bollinger Bands MA cross. Profit target ratio stop loss minimum 1:1. or the opposite signals.
This is a winning reversal trend strategy.
In the pictures Bollinger Bands, MA, MACD Reversal.
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