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337# Bollinger Bands Stop Forex System

Trading with Bollinger Bands Stop

Submit by Ketang 14/05/2012

 

Time Frame 15min or higher. Best Time Frame 4H.

Currency pairs: any.

Rules

Trade only in Trend.

 

Indicators:

5EMA

10EMA

50EMA

85EMA

Bbands stops with RSI Divergence ,(7) and Stochastic (8,3,5).

Long Entry

Arrow Buy of the EMA Crossover Signal is confirmed when:

  1. 5EMA>10EMA>50EMA>85EMA;

  2. Stochastic Cross up;

  3. Bbands Stob Blue.

 

Short Entry

Arrow Sell of the EMA Crossover Signal is confirmed when:

  1. 5EMA>10EMA>50>85;

  2. Stochastic Cross up;

  3. Bbands Stob Blue.


Exit positiom

when it appears opposite the arrow or  40-50 pips profit.

Stop loss on the previous swing

In the pictures Bollinger Bands Stop forex system in action.

Bollinger Bands Stop forex Trading System: Template


 

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

Comments: 1
  • #1

    dami (Friday, 22 May 2015 13:09)

    hi good job,you have a setting for daily?

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