696# Explosion Out The Bands
Reversal Trend Strategy
Trendline with LSMA
Submit by Dimitri
Explosion out the bands is a
reversal trend strategy based on multiple indicators and price action.
The most important event that must occur is that the price must close out of the bands. Then the other indicators must agree to change direction.
Setup Strategy
Time frame 30 minutes or higher. Best time frame higher.
Currency Pairs: any, Indices and Commodities.
Strategy with high profitability.
Metatrader 4 indicators
Trendline (10, 12),
TMA Bands Nk (44, 2.6, 110),
Candle time alert
Jurik Volty Bands (22, periods)
TDI smoothed with RSX 14 periods.
Symbol Changer
Trading Rules Explosion Out The Bands
Buy
Candle close below lower band of TMA NK.
Buy arrow of TMA NK.
Diamond of Jurik Volty Bands.
TDI crosses upward or Trend Line blue color.
Sell
Candle close above upper band of TMA NK.
Sell arrow of TMA NK.
Diamond of Jurik Volty Bands.
TDI crosses downward or Trend Line red color.
Exit Position
Place initial stop loss below/above the previous swing high/low.
Make profit with minimum ratio stop loss 1:1.1
Examples of trades.
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