High accuracy “Forex TrendEdge Bollinger Bands Trading System” – An easy trend system. works well on all time frames and good for scalping. You can follow the trend with it.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: Any
- Currency Pairs: GBPUSD, EURUSD, USDJPY, EURJPY, and AUDUSD
MetaTrader Trading Indicator
- BKMGC1
- BKMGC2
- DigiStoch
- DMI Alert
How to install “TrendEdge Bollinger Bands Trading System“
- Download “TraderVersity.Com-TrendEdgeBollingerBands” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-TrendEdgeBollingerBands.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-TrendEdgeBollingerBands” trading system and strategy
- You will see “TrendEdge Bollinger Bands Trading System” is available on your Chart
BUY Rules
- Trend Edge: Blue Bars
- Bollinger Bands: Price break the upper band of the Bollinger Bands
- Relative Strength Index line: Above the level 60
- Forex Trend: Blue bars
SELL Rules
- Trend Edge: Red Bars
- Bollinger Bands: Price break the lower band of the Bollinger Bands
- Relative Strength Index line: Below the level 40
- Forex Trend: Red bars
Trading NOTES
- We can use this “Forex TrendEdge Bollinger Bands Trading System” for all time frames.
- The best time frames are H4 and Daily
- Place the initial stop loss above or below the opposite band line