Forex BB Rsioma Swing Trading Strategy
Forex BB Rsioma Swing Trading Strategy:
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 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 BB Rsioma Swing Trading Strategy?
- Download Forex BB Rsioma Swing 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 BB Rsioma Swing 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”.
