2# Cross Middle band Trading System

Submit by Forexstrategiesresources

Chart Setup

Preferred Currency Pairs: EUR/USD, GBP/USD ,GBP/JPY EUR/JPY, USD/CAD, AUD/USD
Preferred Trading Sessions: London and New York
Timeframe: 5 Min or 15 Min

Indicators:

Bollinger Bands (default settings).

A. Rules For Long Trades

Bollinger Bands must slope up.
2) Go long when the price touches the middle BB band from above.

3)MACD (15, 26, 1) > O
3) Set stop loss at the lower band or max 15 pips (whatever comes first).
4) Take profit at the upper band.

B. Rules For Short Trades

1)Bollinger Bands must slope down.
2) Go short when the price touches the middle BB band from below.

3) MACD (15, 26, 1) <0
3) Set stop loss at the upper band or max 15 pips (whatever comes first).
4) Take profit at the lower band.

In the pictures belowCross Middle band Trading System in action.

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

Comments: 7

#7
HICHAM ITANI (Saturday, 12 March 2022 20:43)

WHERE CAN WE DOWNLOAD THIS INDICATOR
IF NOT AVAILABLE FOR FREE ,I WOULD LIKE TO BUY IT

hicham.itani@gmail.com
#6
yaska (Tuesday, 02 June 2020 17:25)

where i can download this indicator please or can you send me please guys
yyaassnn5@gmail.com
#5
David (Monday, 10 February 2020 17:03)

I think this strategy is very good. It has made me to go from red to green in my profits statement.
#4
Trade (Thursday, 15 March 2018 01:45)

link for download please !!!!!
#3
Richie (Monday, 06 March 2017 12:28)

Yep,works well. Try it with Renko,it gives R-mutiples of 3,4,5.on UJ, Dax,EJ GU.
The MACD setting are gold dust.
#2
ปท (Monday, 08 February 2016 07:45)

good
#1
Bappaditya Das (Friday, 27 June 2014 08:50)

very good scalping system, 15 min is work great for me, thank you