Forex Momentum Filter Bollinger Bands Trading Strategy

Forex Momentum Filter Bollinger Bands Trading Strategy

Forex Momentum Filter Bollinger Bands Trading Strategy:

Forex Momentum Filter Bollinger Bands Trading Strategy

MA Bollinger Bands Trading is a reversal and trending strategy with strenght-momentum filter. This strategy works at all time frame from 15 min tf. For conservative approach you can use this trading system also only in trending market.

Time Frame 15min or higher.

Financial Markets: Forex, Indices, Commodities.

Metatrader Indicators:

EMA 9 (yellow line),

Bollinger Bands ( 5 period, 1,5 deviations),

Signal arrows alerts,

EMA Crossover (5, 8),

MA crossover Candles ( 5, 8),

TDI (fast setting),

MA Bollinger Bands,

Fibonacci pivots for intraday trading as profit target.

Rules for MA Bollinger Bands Trading

for entry we have two signals alerts.

Buy

Arrow buy confirmed by:

MA 9 above lower band of the BB and TDI (fast crossing upward).

Sell

Arrow sell confirmed by:

MA 9 below upper band of the BB and TDI (fast crossing downward).

Exit position with ratio stop loss 1.2.

place initial stop loss on the previous high/low swing.

This trading system is very impressive.

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 Momentum Filter Bollinger Bands Trading Strategy?

  • Download Forex Momentum Filter 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 Momentum Filter 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”.

Download Free Forex Momentum Filter Bollinger Bands Trading Strategy

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