Bollinger Bands Trading
This is a Forex Scalping Trading Sytem based on the Bollinger Bands
Pairs:Major
Time frame: 1M
Spread max:0,0001
Indicators
Bollinger bands 20, 2
ADX 14 period
RSI 7 period
You must only trade this system between 2am to 5am EST, 8am to
12am EST and 7.30pm to 10pm EST
Do not scalp 30 minutes before a orange or red news
report and not for a hour afterwards
Setup:is for price to move above the lower or lower Bollinger Bands
RSI raise above the 70 line or below the 30 line and ADX<32 at the
same time
Long Entry: price to move below the upper Bollinger Bands deviation
2 and 20 period), RSI (7 period ) raise above the 30 line and ADX<32
at the same time
Short Entry: price to move above the upper Bollinger Bands
deviation
2 and 20 period), RSI (7 period ) raise below the 70 line and ADX<32
at the same time
Profit Exit: 3 options: 1, exit position when the price touches the
middle band, 2 when the price touches the opposite band, 6 pips
target profit
Loss Exit: stop loss on high/low entry bar or 7pips loss
This is a Forex Scalping Trading Sytem based on the Bollinger Bands
Pairs:Major
Time frame: 1M
Spread max:0,0001
Indicators
Bollinger bands 20, 2
ADX 14 period
RSI 7 period
You must only trade this system between 2am to 5am EST, 8am to
12am EST and 7.30pm to 10pm EST
Do not scalp 30 minutes before a orange or red news
report and not for a hour afterwards
Setup:is for price to move above the lower or lower Bollinger Bands
RSI raise above the 70 line or below the 30 line and ADX<32 at the
same time
Long Entry: price to move below the upper Bollinger Bands deviation
2 and 20 period), RSI (7 period ) raise above the 30 line and ADX<32
at the same time
Short Entry: price to move above the upper Bollinger Bands
deviation
2 and 20 period), RSI (7 period ) raise below the 70 line and ADX<32
at the same time
Profit Exit: 3 options: 1, exit position when the price touches the
middle band, 2 when the price touches the opposite band, 6 pips
target profit
Loss Exit: stop loss on high/low entry bar or 7pips loss
