11# Volatility Bands Filter

Submit by Janus Trader 19/11/2016

Volatility band filter is a trading system based on the explosion of volatility. The templete is setting for 15 min time frame intraday trading, but if you  change the setting  works also at other time frame..

Time Frame 15 mi n or higher

Financial Market: any.

Metatrader indicators:

Bands (10. 1);

Pivots

Pivots D

Super Filter Band is the heart of this template, a free indicator but very professional. MT4 platform is good because you can find free professional indicators, there are many coder, that love forex, around the world that share their codes. In this web site there are many examples.

On this indicator is testing a reversal strategy that I share in the next weeks.

Author of this indicator is Madlen.

Trading rules Volatility Bands Filter

Buy

When It 's appears the blue line area in subwindow indicator wait on the main chart that the price close above the upper band band of the bollinger bands.

Sell

When It 's appears the red line area in subwindow indicator wait on the main chart that the price close below the lower band of the bollinger bands.

Exit position on the leves of pivots.

Initial stop loss on the previous swing high/low.

Money management: with this strategy you can use martingala with multiplier 1:5 -2.0 depends by your risk management.

Advantage of this strategy is a profitability distributed.

This strategy can be adapted at the trading with binary options high/low expiry time 3-4 candles.

In the pictures volatility bands filter in action.