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 these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- 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).