Forex Bands Filter Volatility Trading Strategy
Forex Bands Filter Volatility Trading Strategy:
Volatility band filter is a trading system based on the explosion of volatility. The templete is setting for 15 min time frame intraday trading, but if you change the setting works also at other time frame..
Time Frame 15 mi n or higher
Financial Market: any.
Bands (10. 1);
Super Filter Band is the heart of this template, a free indicator but very professional. MT4 platform is good because you can find free professional indicators, there are many coder, that love forex, around the world that share their codes. In this web site there are many examples.
On this indicator is testing a reversal strategy that I share in the next weeks.
Author of this indicator is Madlen.
Trading rules Volatility Bands Filter
When It ‘s appears the blue line area in subwindow indicator wait on the main chart that the price close above the upper band band of the bollinger bands.
When It ‘s appears the red line area in subwindow indicator wait on the main chart that the price close below the lower band of the bollinger bands.
Exit position on the leves of pivots.
Initial stop loss on the previous swing high/low.
Money management: with this strategy you can use martingala with multiplier 1:5 -2.0 depends by your risk management.
Advantage of this strategy is a profitability distributed.
This strategy can be adapted at the trading with binary options high/low expiry time 3-4 candles.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Bands Filter Volatility Trading Strategy?
- Download Forex Bands Filter Volatility Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Bands Filter Volatility Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.