Excellent MT4 “MA Bollinger Bands” Trading System & Strategy

Traderversity July 11, 2018 FREE DOWNLOAD MT4 Trading Systems Leave a comment 1,016 Views

Excellent Forex MT4 Trading System – This is a trading system based on the Bollinger bands, MACD, Moving Average Channel, Moving Average and FX Trend indicator.

Trading NOTES

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Use a demo account or a small live account first to practice this trading system

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

MetaTrader Trading Indicators

Moving Average
Bollinger Bands
MACD
15 Menit Indicator 4 (FX Trend)
Commodity Channel Index

How to install “MA Bollinger Bands Trading System“

Download “TraderVersity.Com-MABollingerBandsTrading” (Zip/RAR File).
Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
Copy the “TraderVersity.Com-MABollingerBandsTrading.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-MABollingerBandsTrading” trading system and strategy
You will see “MA Bollinger Bands Trading System” is available on your Chart

BUY Rules

Price above the Moving Average Channel
Price break the upper band “Bollinger Bands”
MACD histogram above 0 level
15 Menit Indicator 4 (FX Trend) blue color
Commodity Channel Index line above 50 level

SELL Rules

Price below the Moving Average Channel
Price break the lower band “Bollinger Bands”
MACD histogram below 0 level
15 Menit Indicator 4 (FX Trend) red color
Commodity Channel Index line below -50 level

Trading NOTES

The single biggest mistake that many Bollinger Bands novices make is that they SELL when the price touches the upper band or BUY when it reaches the lower band.

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