209# Without Volatility Scalping (ADX and Bollinger Bands)

Submit by Maximo Trader 21/04/2012

Time frame: 5 Min

Currency pairs: any

Forex Indicators:

ADX(13)

Bollinger Bands (20, 2)

Long Entry

 When the ADX is below 27, Wait for the prices to drop and touch the lower band. wait for the first candle to close back above the lower band, after buy.

Short Entry:

When the ADX is below 27, Wait for the prices to drop and touch the upper band. wait for the first candle to close back above the upper band, after sell.

Exit Rules:

Stop loss: for sell 5 pips above the upper band, for buy 5 pips below the lower band

Profit Target 5- 9 pips (GBP/USD 9 pips EUR/USD 8, AUD/USD 6 pips)

In the pictures Without Volatility Scalping (ADX and Bollinger Bands) in action.

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

Without Volatility I

GMMA and EMA Angle

Volatility Forex Strategies - Forex Strategies - Forex Resources ...

14# Volatility Scalp - Forex Strategies - Forex Resources - Forex ...

2# Volatility breakout channel - Forex Strategies - Forex Resources

Volatility Metatrader Indicator - Forex Strategies - Forex Resources ...

209# Without Volatility Scalping - Forex Strategies - Forex ...

3# Volatility Double Breakout Channel - Forex Strategies - Forex ...

5# Extreme Volatility - Forex Strategies - Forex Resources - Forex ...

121# Volatility Scalp - Forex Strategies - Forex Resources - Forex

1# Parabolic and Volumes - Forex Strategies - Forex Resources ...

8# Range Market - Forex Strategies - Forex Resources - Forex ...

40# Scalping Method

3# Trading Breakouts with the Camarilla Equation

Double Adptive Average True Range Profit Objectives - Forex ...