613# TDI with BB Trigger

TDI filtered for intraday trading

BB Trigger as filter

Submit by Timmy

 

TDI with BB Trigger is an good template for intraday trading based on three indicators: Bollinger Bands, Trader Dynamic Index and BB Trigger. TDI with BB Trigger is a trend reversal strategy based on the overbought/oversold of the price with th Bollinger Bands. The TDI and the BB Trigger determines the timing for entry in the market.

Time frame 5 min or 15 min (best).

 

Currency pairs: majors, Indices and majors stocks.

Metatrader 4 indicators setting

Tro trend visual tool.

Bollinger Bands (20 periods and 2.0 deviations).

Pivot points levels.

Traders Dynamic Index visual alerts MTF (default setting).

BB Trigger (2, 10, 5, 3).

 

Trading rules TDI with BB Trigger

Buy

When the price bounce or broken the lower Bolling Bands wait that on the TDI indicator green line crosses upward the blue line and th BB trigger is long position.

Place initial stop loss on previous low swing or 10-15 pips.

Make profit at the options: middle band, opposite band or at the pivot points levels.

Sell

When the price bounce or broken the upper Bolling Bands wait that on the TDI indicator green line crosses downward the blue line and th BB trigger is short position.

Place initial stop loss on previous high swing or 10-15 pips.

Make profit at the options: middle band, opposite band or at the pivot points levels.

 

Tip: recommend using this strategy according to the main trend, profitability is very high.

In the pictures TDI with BB Trigger in action.

 TDI with BB Trigger
TDI with BB Trigger
 TDI with BB Trigger
TDI with BB Trigger
 TDI with BB Trigger
TDI with BB Trigger

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

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TDI with BB Trigger
TDI with BB Trigger
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