605# Super Reversal Trading System
Reversal Trading with ADX, Bollinger Bands and CCI
Submit by joy22 17/11/2014
Super Reversal trading system is a momentum reversal strategy. This trading system is good for trading also for binary options high/Low and One touch.
There are two setting for trade.
Time Frame 15 min or higher. (15 min time frame only for forex majors and Indicies S&P 500, DAX , FTSE, Dow Jones).
Markets: Forex, Indicies, Commodities.
Currency pairs: any
For Binary Options High/Low expiry time 8-12 candles. The same rules.
For Binary Options One toch time Frame 4H or daily expiry time 8-12 candles. The same rules.
Indicators
Bollinger Bands ( 50; deviation 2);
Bollinger Bands ( 50; deviation 3);
Bollinger Bands ( 50; deviation 4);
Supporting ADX (11 period, close with two levels: 35, 40), this indicator is for conservative approach.
In the same window (RSI 14, with CCI 20);
Exponential moving average 3 period, close;
Exponential moving average 14 period, close.
Rules Super Reversal Trading System (aggressive)
Buy
When the price touch or broken lower bands wait CCI crosses upward RSI and 3EMA is above 14 EMA. Buy at opening of the next bar.
Sell
When the price touch or broken upper bands wait CCI crosses downward RSI and 3EMA is below 14 EMA. Sell at opening of the next bar.
Conservative
the same conditions with add Support ADX > 35 levels or 40 levels.
35 levels for time frame H1, H4, daily.
Exit position
Initial stop loss depends by your management of the risk.
For sell 2 pips above upper bands ( best option BB 50,3).
For buy 2 pips below lower bands ( best option BB 50,3).
Make profit is discretionary various options:
ratio 1:1 stop loss, first opposite band, profit target predetermined.
In the folder there is also SuperADX but this indicator suck only ram
Super Reversal Trading System V.2
Super ADX as reversal signals
update by joy 22
Super Revesal Trading System V.2 is a complex trading system based on Bollinger Bands to define areas of overbought (upper bands) and oversold (lower bands), on a trend indicator such as entry timing and especially on the Super ADX momentum trend indicator in this case used as a signal of inversion.
Time Frame 5 min or higher.
Currency pairs Majors and minors.
Metatrader Indicators:
Exponential moving average 3 period, close.
Exponential moving average 14 period, close.
Entry and exit signal as entry timing.
Bollinger Bands (50, 2).
Bollinger Bands (50, 3).
Bollinger Bands (50, 4).
RSI 14 with CCI 20 period in the same window.
Super ADX as Reversal signal
Trading rules Super Reversal Trading System V.2
Buy
Price into the lower bands.
ADX signal
CCI below RSI (optional).
Entry and exit signal (entry at opening of next bar).
Sell
Price into the upper bands.
ADX signal
CCI below RSI (optional).
Entry and exit signal (entry at opening of next bar).
Exit trade options
Place initial stop loss on the previous swing High/Low
Profit Target minimu ratio 1:1 sto loss.
This trading system is good for signal provider for generates accurate signal for trading.
In the pictures Super Reversal Trading System V.2 in action.
Write a comment
ramanthind02 (Wednesday, 15 January 2020 02:08)
I love you, bro. This indicator is over powered