Your support is fundamental for the future to continue sharing the best free strategies and indicators.

273# Trend Wave and Bollinger Bands Scalping system

Trend Wave indicator

Contrarian Forex Strategy

Submit by JanusTrader 25/12/2012




Trend Wave and Bollinger Bands Scalping system is an contrarian forex strategy.


Time Frame 5-15 min

Currency pairs:any.


The TrendWave indicator features a sophisticated algorithm which enables it to detect reversals in an accurate manner ahead of other reversal indicators making it a reliable leading indicator. The beauty of this indicator is that is does not generally trigger signals during choppy sideways markets. It does not paint in arrears and most importantly, it does not repaint. 


The Indicators:

1) Bollinger Bands(50) deviation 2 color red;

2) Bollinger Bands(50) deviation 3 color orange;

3)Bollinger Bands (50) deviation 4 color yellow;

4) Trend Wave indicator


Long entry:

arrow buy is confirmed if the price has broken orange or yellow upper band .

Short Entry:

arrows sell is confirmed if the price has broken orange or yellow lover band .

Take profit on previous band on the middle band or fast profit.

Stop loss 2pips above or below yellow band.



In the pictures Trend Wave and Bollinger Bands Scalping systemin action.

Trend Wave and Bollinger bands Scalping
Trend Wave and Bollinger bands Scalping


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

Comments: 0
Trading System Trend wave and bollinger bands scalping
Trend wave and bollinger bands scalping
Trend wave and bollinger bands scalping.
compressed file archive 2.3 KB

Bollinger Bands Forex Strategies

Bollinger Bands Forex Strategies

65# Bollinger bands Spike scalping - Forex Strategies - Forex ...

6# Bollinger Bands Reversal - Forex Strategies - Forex Resources

88# Bollinger Bands and RSI Scalping - Forex Strategies - Forex

114# Awesome and Bollinger Bands Scalping - Forex Strategies

16# Bollinger Bands scalp GBP/JPY - Forex Strategies - Forex ...

4# Bollinger Bands, and CCI - Forex Strategies - Forex Resources

7# Bollinger Bands Trend - Forex Strategies - Forex Resources ...

14# Bollinger Bands, RsI And Stochastic - Forex Strategies - 

13# Bollinger Bands Bounce - Forex Strategies - Forex Resources

188# Bollinger Bands and Stochastic - Forex Strategies - Forex ...

17# Bollinger Bands and Equidistant Channel - Forex Strategies ...

18# Bollinger Bands and RSI Divergence - Forex Strategies - 

15# Bollinger Bands and ADX - Forex Strategies - Forex 

12# Bollinger Bands and Fibonacci Retracement - Forex 

16# Bollinger Bands with ADX, RSI and Two MA - Forex 

11# Bollinger Bands Breakout and RSI - Forex Strategies - Forex

181# Bollinger Bands Stop - Forex Strategies - Forex Resources

33# Pin Bar, Bollinger Bands and Jma Starlight - Forex Strategies

57# Scalping with Money Flow Index and Bollinger Bands - Forex

55# Bollinger Bands Exit System - Forex Strategies - Forex ...

80# Starc Bands with Bollinger Bands - Forex Strategies - Forex

152# Bollinger Band Scalping - Forex Strategies - Forex 

Bollinger Bands Metatrader Indicator - Forex Strategies - Forex ...