High probability “BBand Bars Trend Rider Trading System” – This is a very simple trend following trading system based on the Moving Average and Bollinger Bands indicator.
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: 5 min or higher
- Currency Pairs:
- EURUSD and GBPUSD for M5, M15, and M30 intraday trading
- EURUSD, GBPUSD, USDCAD, and USDJPY for H1 or higher time frame trading
MetaTrader Trading Indicators
- Moving Average
- BBand Stop BAR
- Bar Trend
- Daily Data
- FerruFX Multi Info
- Clock V1
- RSI Div
- Stochastic oscillator
- Commodity Channel Index
How to install “BBand Stop Bars Trend Ride System“
- Download “TraderVersity.Com-BBandStopBarsSystem” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-BBandStopBarsSystem.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-BBandStopBarsSystem” trading system and strategy
- You will see “BBand Stop Bars Trend Ride System” is available on your Chart
BUY Rules
- 5MA > 10MA > 50MA > 85MA
- BBand Stop BAR blue color
- RSI Div lime color
- Stochastic oscillator bullish
- Commodity Channel Index line above 50 level
SELL Rules
- 5MA < 10MA < 50MA < 85MA
- BBand Stop BAR red color
- RSI Div magenta color
- Stochastic oscillator bearish
- Commodity Channel Index line below -50 level
Trading NOTES
- Initial stop loss above or below the previous candle
- Risk reward Ratio 1:2 or 1:3
- Use a demo account or a small live account first to practice this trading system