19# Power Bands Trading System
Submit by Janus Trader
Time Frame 15 or Higher.
Currency pairs: all.
Indicators:
Bollinger Bands (250; 2); (250;2).
MA 250 Low; MA 250 High
80 Ema
Stochastic (100, 3, 3)
Long Entry:
when price is above 250 sma green line ,80 ema above 60 line and stochastic is buy>green line.
Short Entry:
when price is below 250 sma line, 80 ema below 40 line and stochastic is sell<red line.
Exit:
Stop loss for buy is 250 EMA Low, Stop Loss for Sell is 250 EMA High.
Take Profit are the bands or ratio 2:1 stop loss.
Share your opinion, can help everyone to understand the forex strategy.
Junior (Sunday, 19 April 2020 14:30)
I found this power band system very helpful and profitable, thank u very much�