BBand Stop Alert MT4 Trading Strategy with RSI TC NEW Filter (7523)

High accuracy “Forex BBand Stop Alert Trading Strategy with RSI TC NEW Filter” – This is a new version of a well known Bollinger Bands Stop trading system.

This awesome forex trading strategy is a well-tested trading strategy that works well for both advanced and beginner traders in the currency market.

• Time Frame: M5 or higher
• Currency Pairs: Any

 

• BBand Stop Alert
• GG TrendBar
• P4L CandleTime
• Kazarar
• RSI-TC NEW

BBands Stop and RSI TC NEW. Is it profitable, is it worth trying? I guess the success of a strategy depends on the trader who uses it so I’ll try to explain it as clear as I can and let you decide afterward.

BBands Stop which is a pretty well-known custom indicator derived from the classic Bollinger Bands but in this strategy, it will be used primarily as a trend identifier.

• If the blue lines are printed below the price, it means an uptrend is in place and if the red lines are printed above price, a downtrend is established.
• We will only take trades in the direction of the trend so BUY in an uptrend and SELL in a downtrend.

 

• Download TraderVersity.Com-BBandStopAlertSystem (Zip File)
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators /
• Copy the “TraderVersity.Com-BBandStopAlertSystem.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 system
• Right-click on your trading chart and hover on “Template”
• Move right to select TraderVersity.Com-BBandStopAlertSystem
• You will see “BBand Stop Alert MT4 Trading System with RSI TC NEW Filter” is available on your Chart

 

• BBand Stop Alert: Blue line
• T3 08 2Color: Blue line
• RSI-TC NEW: Blue line

 

• BBand Stop Alert: Red line
• T3 08 2Color: Red line
• RSI-TC NEW: Red line

 

This “BBand Stop Alert MT4 Trading Strategy with RSI TC NEW Filter” is very good, and the BBands Stop is one of the best indicators for trend recognition.

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