Half Trend BBand Stop Trading System is a swing trend following system filtered by long term and medium term indicator.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
The BBands Stop indicator (Bollinger Bands Stop line) is a trend indicator. It’s built with Bollinger bands phases and act pretty much like a Supertrend, the BBands stop line can also be used to determiner stoploss when you jump in a trend given by its signals (drawn with big “bullets” on chart).
- Time Frame: H1 or higher
- Currency Pairs: any.
MetaTrader Trading Indicators
- HalfTrend
- BBand Stop
- DST Weekly Trend
- JokerFilter
- Supporting ADX
- Moving Average
BUY Rules
- HalfTrend blue color
- BBand Stop blue color
- DST Weekly Trend blue color
- JokerFilter blue color
- Supporting ADX
- ADX > 22 level or ADX > your moving average (this condition is optional)
SELL Rules
- HalfTrend red color
- BBand Stop red color
- DST Weekly Trend red color
- JokerFilter red color
- Supporting ADX
- ADX > 22 level or ADX > your moving average (this condition is optional)
Trading NOTES
- Use a demo account or a small live account first to practice this trading strategy
- Initial stop loss on the previous swing.
- Risk Reward Ratio 1:2 or 1:3