Forex Bollinger Bands Exit Trading System
Forex Bollinger Bands Exit Trading System;
Bollinger Bands Exit System, is based on the bollinger bands indicator.
Time Frame: H1 or Higher.
Pair: all.
Indicators:
MA Crossower;
Market Wath (with adx 25, and Bands Period 25);
Bollinger Bands (2, 25).
Sell Signal
1)Red Arrow;
2) Market Wath Red;
3) not entry if price is out the band.
Buy signal
1)Blue Arrow;
2) Market Wath Blue;
3) not entry if price is out the band.
Exit:
Place stop loss on middle band;
Place target profit on upper or lower band.
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 Bollinger Bands Exit Trading System?
- Download Forex Bollinger Bands Exit Trading System.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 Bollinger Bands Exit Trading System?
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”.
