Forex Jurik Stark Bollinger Bands Trading Strategy
Forex Jurik Stark Bollinger Bands Trading Strategy;
Bollinger Jurik Starc Band Strategy is a strategy for day trading based on two indicators Bollinger Bands and Jurick Starc Band.
The setting of this strategy is for 5 min time frame.
Currency pairs: EUR/USD, GBP/USD, USD/JPY, GBP/JPY, USD/CHF, EUR/JPY, EUR/NZD.
You can apply at the same time this template at 4 or 6 pairs.
Bollinger Bands with Juirck Starc:
Bollinger Band period 9, deviation 1.6, length 5.0),
KATR period 2.0,
Exponential moving average 200 period, close.
Trading rules Bollinger Jurik Starc Band Strategy
There are two ways for trading with this template.
The first is trend following, in direction of the 200 EMA.
Buy
The price is above the 200 EMA, only buy.
Wait buy arrow.
Sell
The price is below the 200 EMA, only sell.
Wait sell arrow.
Exit with predetermined profit target or at the opposite arrow.
The second way is reversal with stochastic oscillator (14, 5, 5, with level 80 and 20)
Buy
Buy arrow of Bollinger Bands with Juirck Starc.
Stochastic crosses upward but below 80.
Sell
Buy arrow of Bollinger Bands with Juirck Starc.
Stochastic crosses downward but above 20.
Exit with predetermined profit target or at the opposite arrow.
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 Jurik Stark Bollinger Bands Trading Strategy?
- Download Forex Jurik Stark Bollinger Bands 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 Jurik Stark Bollinger Bands 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”.