132# Bollinger Bands Reversal with Platinum
Bollinger Bands classic reversal strategy
Submit by Rocky 09/05/2015
Bollinger Bands Reversal with Platinum is a classic reversal strategy ever green.
The main feature of this strategy is when the price touches the upper or lower Bollinger Bands there is price reversal.
This Trading system is good for trading for Binary options or without Binary options.
Time Frame 5 min or higher.
Markets: Forex, Indicies and Commodities.
Expiry time for for trading with binary options high/low 4-7 candles.
Metatrader Indicators:
Bollitoucher (20, 2),
Platinum (trend alert indicator). The platinum indicator is Alarm indicator , a signal in the form of arrows corresponding color is displayed on a candle, and is not redrawn.
Buy call
When the price touches the lower band wait platinum buy arrow and open a buy position at opening of the next candle.
Sell
When the price touches the upper band wait platinum sell arrow and open a sell position at opening of the next candle.
Re-enter trades in same direction if the price do not touches the opposite band
Exit position
Make profit at the opposite band band or ratio stop loss 1:1.
Place initial stop loss 5-30 pips below/above the entry candle.
