High accuracy “Forex Vostro Trading System with Multi BBand Stop Trend Filter” – The BBands Stop indicator (Bollinger Bands Stop line) is a trend indicator. When the price is over the green curve, the trend is bullish or bearish if the price is below its orange line.
Bollinger bands period and deviation can be changed in settings. The “MoneyRisk” setting is a parameter to widen the spread between the bands and the current price.
- Time Frame: M30 or higher
- Currency Pairs: Major Pairs
- Vostro
- BBand Stop
- Timing
- Vostro: The indicator gives a buy signal (Signal at the bottom)
- BBand Stop: Aqua lines
- Timing: Green line
- Vostro: The indicator gives a buy signal (Signal at the bottom)
- BBand Stop: Aqua lines
- Timing: Green line
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