37# Bollinger Bands with Patterns indicators

Submit by James 11/03/2013

Time Frame 30min or higher best time frame 4H or daily.

Currency pairs any;

Metatrader Indicators:

Bollinger Bands (20, 2);

Stochstic indicator (5, 3,3,);

InsideSide Bar metatrader indicator;

Pin Bar Indicator;

OutSide Bar Metatrader Indicator;

Doji indicator.

Rules

Short Entry

If we had a breach of the upper Bollinger bands we would be looking to go short and

therefore need the Stochastic indicator to be over bought and over the 80 line.

Long Entry

If we had a breach of the lower Bollinger bands we would be looking to go long

and therefore need the Stochastic indicator to be over sold and under the 20

line.

Once both of these conditions are met we look for our entry confirmation which

is a  formation, if we don’t see one then we wait until we do, if the

trades takes off without us then we wait for the next one.

Place a pending order at the triger level.

Stops are placed behind the recent high / low and always moved to break even

as soon as possible, usually when in profit by the same amount you risked.