568# RSIOMA and Bollinger Bands
RSIOMA filtered by Bollinger Bands
Submit by MJ 19/05/2014
Rsioma and Bollinger Bands trading system is an trend-momentum system with an areas of support and resistance.
Time Frame 30 min or higher.
Currency pairs. EUR/USD, GBP/USD, AUD/USD, USD/CHF, AUD/JPY, GBP/JPY, AUD/NZ, USD/NZ.
Metatrader Indicators:
Wave Arrows: indicator of support and resistance;
Short Trend;
Trend Bars,
RSIOMA wit Bollinger Bands indicator.
Rules for Rsioma and Bollinger
Bands trading system
Long Entry
Short term trend green line;
Green Wave arrows;
Trend Bars green arrow;
Rsioma broken upper band.
Short Entry
Short trend red line.
Red wave arrows;
Trend Bars green arrows;
Rsioma broken lower band.
Exit Position when short trend changes colour, with profit target predetermined.
Initial stop loss at the previous swing.
In the picture Rsioma and Bollinger Bands trading system in action.
