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BBands Stop Donchian Channel Trading System


Forex BBands Stop Donchian Channel Trading System with QQE Momentum Filter – The BBands Stop and Donchian Channel forex trading strategy is a well-tested trading strategy that works well for both advanced and beginner traders in the currency market.

Trading NOTES

DOWNLOAD INDICATOR

  • Time Frame: M15 or higher
  • Currency Pairs: GBPUSD and EURUSD

 

MetaTrader Trading Indicator
  • EMA Crossover
  • Donchian Channel
  • BBands Stop
  • QQE ADV
How to install “BBands Stop Donchian Channel System

  • Download “TraderVersity.Com-BBandsStopDonchianChannelSystem” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity.Com-BBandsStopDonchianChannelSystem.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Meta Trader Client.
  • Select Chart and Time frame where you want to test your Forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersity.Com-BBandsStopDonchianChannelSystem” trading  system and strategy
  • You will see “BBands Stop Donchian Channel System” is available on your Chart

 

BUY Rules


  • EMA Crossover: Blue arrow
  • Donchian Channel: Price break the upper band
  • BBands Stop Line: Blue color
  • QQE ADV: The blue line upward and above level 50

 

SELL Rules

  • EMA Crossover: Red arrow
  • Donchian Channel: Price break the lower band
  • BBands Stop Line: Red color
  • QQE ADV: The blue line downward and below level 50

 

Trading NOTES
  • The Bollinger Bands period and deviation can be changed in settings
  • The BBands stop line can also be used to determiner stop loss when you jump in a trend given by its signals (drawn with big “bullets” on chart).

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