32 #Pin Bar, Bollinger Bands and Jma Starlight Forex Trading System

Submit by Maximo Trader 02/05/2012


Time Frame 4H

(Any pair that has high volatility and daily pip ranges)



Bollinger Bands (20, 2)

Pin Bar

Jma Starlight (2, 3)


Long Entry

Pin Bar touches lower band of the BB, buy when JMA Starlight cross up 5EMA


Short Entry

Pin Bar touches upper of the BB, buy when JMA Starlight cross down 5EMA


Enter in the market only if the pin bar touches the upper band or lower.


Stop Loss:

for buy 5 pips below the lower bands

for sell 5 pips above the upper band.


Profit Target 35-60 pips depends by currency pairs

JMA Starligth Forex Indicator


Share your opinion, can help everyone to understand the forex strategy.

Comments: 0

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