337# Bollinger Bands Stop Forex System
Trading with Bollinger Bands Stop
Submit by Ketang 14/05/2012
Time Frame 15min or higher. Best Time Frame 4H.
Currency pairs: any.
Rules
Trade only in Trend.
Indicators:
5EMA
10EMA
50EMA
85EMA
Bbands stops with RSI Divergence ,(7) and Stochastic (8,3,5).
Long Entry
Arrow Buy of the EMA Crossover Signal is confirmed when:
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5EMA>10EMA>50EMA>85EMA;
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Stochastic Cross up;
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Bbands Stob Blue.
Short Entry
Arrow Sell of the EMA Crossover Signal is confirmed when:
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5EMA>10EMA>50>85;
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Stochastic Cross up;
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Bbands Stob Blue.
Exit positiom
when it appears opposite the arrow or 40-50 pips profit.
Stop loss on the previous swing
In the pictures Bollinger Bands Stop forex system in action.
Bollinger Bands Stop forex Trading System: Template
Share your opinion, can help everyone to understand the forex strategy.
dami (Friday, 22 May 2015 13:09)
hi good job,you have a setting for daily?