1# Deviation Bands Trading System

Deviations Bans with MACD (6,15,1,)

Submit by Forexstrategiesresources

 

Time Frame: 4H and Daily

Pairs: all.

Setup

1) Calculate a 5-bar simple moving average of closes.

2) Calculate a 15-bar standard deviation of closes.

3) MACD (6, 15, 1)

Long Entry Position

a) Check for a penetration of the middle band from down and Macd is above zero.

b) Buy at the market.

Short Entry Position

a) Check for a penetration of the middle band from the up and MACD is below zero.

b) Sell short at the market.

Exit Order

1)) This is a stop-and-reverse system. We exit a long position and sell short when the short entry is reached, and we exit a short position and go long when the buy entry is reached. Also to exit when the price

 

Take Profit: 60 pips EUR/USD, 70 pips GBP/USD 4H Time Frame, for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended).



Comments: 5
  • #5

    Tuan Tran (Sunday, 31 March 2024 17:39)

    I try backtest average 40% per year, drawdown 20%. I think it is safe strategy

  • #4

    czarek83 (Friday, 13 March 2020 19:55)

    yes

  • #3

    pierre (Sunday, 18 August 2019 13:41)

    "penetration of the middle band " is that price or the SMA that penetrates?

  • #2

    hesham keerh (Sunday, 26 November 2017 18:38)

    this article needs revision the strategy mentioned is something and the photo is another!!!!!!!
    what can i do, please correct this

  • #1

    pierre (Tuesday, 04 August 2015 11:06)

    what is BB setting (.default )