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3 Level ZZ Semafor Bollinger Bands (18) Trading with Momentum System


High Accuracy Price Action Trading Strategy “3 Level ZZ Semafor Bollinger Bands (18) with Momentum System“. The numbers 1, 2, and 3 of “3 Level ZZ Semafor indicator” signals the BUY/SELL/EXIT actions (acts on the signal when all other indicators agree).

  • Time Frame: 1H, 4H or Daily
  • Financial Markets: Forex, Indices, Futures, and Commodity

 

MetaTrader Trading Indicators
  • Bollinger Bands
  • Moving Average
  • 3 Level ZZ Semafor
  • Commodity Channel Index
  • Color RSI Histo ZeroLine

 

General Trading Rules
  • Rules for 3 Level ZZ Semafor System
    • 3 Level ZZ Semafor = the numbers 1, 2 and 3 signals the buy/sell/exit actions. acts on the signal when all other indicators agree.
    • Entry is made when Color RSI and CCI to agree before the entry

 

BUY Rules

Trading NOTES

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  • Color RSI BUY signal when green Bar above 10 level
  • CCI line above 30 level
  • Price closed above the upper band

 

SELL Rules

  • Color CCI SELLl signal when red bar below -10 level
  • CCI line above 30 level
  • Price closed below the lower band

 

Trading NOTES
  • Initial Stop Loss 8-12 pips above/below the candle with the 3 Level ZZ Semafor
  • Risk Reward Ratio 1:2 or 1:3

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One comment

  1. What are the exit points of this strategy?

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