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BBand Stop Auto Trend Forecaster Trading System

Forex Trend Line Trading – BBand Stop Auto Trend Forecaster Trading System with CCI Filter.

Trading NOTES


  • Time Frames:  M30 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDJPY and all major pairs


MetaTrader Trading Indicators
  • BBand Stop Alert
  • Auto Trend Forecaster
  • Commodity Channel Index


BUY Rules

  • BBand Stop Alert green color
  • Auto Trend Forecaster green color
  • Commodity Channel Index line above 50 level


SELL Rules

  • BBand Stop Alert red color
  • Auto Trend Forecaster red color
  • Commodity Channel Index line below -50 level


Trading NOTES


  • Stop Loss Options
    • Place your stop loss above or below the BBand Stop Alert indicator
    • Set stop loss for all your trades and do not deviate from it. Once the trade has touched your stop loss be disciplined and close the trade. This will protect you from major capital losses.
  • Exiting Trades
    • Exit trades when the BBand Stop Alert Indicator issues the opposite trading signal. This ensures that you trade with maximum profits and right before the market reverses.
    • Another exit mechanism which is highly effective is to exit near strong support or resistance levels.
  • Use a demo account or a small live account first to practice this trading system


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