386# Bollinger Bands MACD Trading System

Bollinger Bands MACD

Submit by Maximo Trader 08/08/2012

 

Time Frame H1 or Higher,

Currency pairs: any;

Indicators:

Bollinger Bands Macd;

Manta Signal.

Pivot Points 4TF

 

Long Entry:

When dot arrow blue of the bollinger bands Macd breaks the upper band and the mantra signa is blue.

 

Short Entry

When dot arrow red of the bollinger bands Macd breaks the lower band and the mantra signal is blue.

 

Exit Position:

Stop loss on the previous swing or 10 pips above or below the pivots point levels.

Profit Target 15 -20 pips (AUD/USD 15 pips, EUR/USD 18 pips, GBP/USD 20/pips) or when the price touches the pivots point levels.

 

This strategy with Bollinger Bands Macd is a intraday  strategy for fast movement of the market price.

 



In the pictures Bollinger Bands MACD forex system in action.

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

Comments: 1
  • #1

    Emmanuel (Tuesday, 31 August 2021 01:28)

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