Forex Power Bollinger Bands Trading Strategy
Forex Power Bollinger Bands Trading Strategy:
Time Frame 15 or Higher.
Currency pairs: all.
Bollinger Bands (250; 2); (250;2).
MA 250 Low; MA 250 High
Stochastic (100, 3, 3)
when price is above 250 sma green line ,80 ema above 60 line and stochastic is buy>green line.
when price is below 250 sma line, 80 ema below 40 line and stochastic is sell<red line.
Stop loss for buy is 250 EMA Low, Stop Loss for Sell is 250 EMA High.
Take Profit are the bands or ratio 2:1 stop loss.
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 Power Bollinger Bands Trading Strategy?
- Download Forex Power 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 Power 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”.