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
- Perintis [MA]
- BBands Stop Alert
- Perintis [DIGISTOCH]
- Perintis [GMACD]
- Synergy Continuation
- Download “TraderVersity.Com-LSMARSIOMAParabolicSAR” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-LSMARSIOMAParabolicSAR.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-LSMARSIOMAParabolicSAR” trading system and strategy
- You will see “BBands Stop Perentis Trading System” is available on your Chart
- 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
- 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
- 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
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.