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