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Forex BBand Stop Bars Trend Rider Trading System


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.

  • 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

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • 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

DOWNLOAD TRADING SYSTEM


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