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Forex BBands Stop Perentis Trading System


Best Trend Filter Tool – The “Forex BBands Stop Perentis Trading System” is a trend momentum system. When a price is over the blue curve, the trend is bullish or bearish if the price is below its red curve.

  • Time Frame: M15 or higher
  • Currency Pairs: GBPUSD, EURUSD, AUDUSD, USDCAD, and USDJPY

 

MetaTrader Trading Indicator
  • Perintis [MA]
  • BBands Stop Alert
  • Perintis [DIGISTOCH]
  • Perintis [GMACD]
  • Synergy Continuation

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • Perintis [MA]: Blue lines
  • BBands Stop Alert: Blue color line
  • Perintis [DIGISTOCH]: Bullish Signal
  • Perintis [GMACD]:
    • The histogram above level 0
    • Fast MA < Slow MA
  • Synergy Continuation: Blue bars

 

SELL Rules

  • Perintis [MA]: Red color lines
  • BBands Stop Alert: Red color line
  • Perintis [DIGISTOCH]: Bearish Signal
  • Perintis [GMACD]:
    • The histogram below level 0
    • Fast MA > Slow MA
  • Synergy Continuation: Red bars

 

Trading NOTES

The BBands Stop is also a method for setting stop-loss orders.

When a stock is rising, move the stop-loss to match the BBands Stop indicator. The same concept applies to a short trade – as the price falls, so will the indicator. Move the stop-loss to match the level of the indicator after every price bar.

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


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