Multi Time Frame (MTF) Bollinger Band Stop Trading with RSI CCI Filter

High accuracy “Bollinger Band Stop Trading with RSI CCI Filter”  is a “trend following” strategy based on the Bollinger Band Stop indicator and RSI and CCI Filter indicators.

Trading NOTES

• 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

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• Time Frame: M15 or higher
• Financial Markets: Forex, Indices (S&P 500, Nasdaq, Dow Jones, DAX, FTSE), Commodities (Silver, Gold, and Oil).

• Bollinger Band Stop (14:2)
• RSI Filter (14 periods),
• HBH bar (1-15)
• CCI

• Bollinger Band Stop blue dot
• HBH bar dodger blue
• RSI filter blue bar
• CCI line upward and bove 50

• Bollinger Band Stop blue dot
• HBH bar dodger blue
• RSI filter blue bar
• CCI line upward and bove 50

• Trade only in direction of the major trend
  • If you want trade H4 time frame, open the Daily chart and check the trend after open the 4H chart and trades in direction of the trend of the Daily chart
• How you check the trend?
  • Simple: Bollinger Band Stop and RSI Filter must agree
• Multi Time Frame (MTF) setting:
  • 15 min time frame with 60 min
  • 30-60 min time frame with 240 min
  • 240 min time frame with the daily time frame
  • daily time frame with the weekly time frame
  • The best time frame is 240 min (with daily) and daily (with weekly)
• Exit position at the opposite dot of the Bollinger band dot but the best exit is with predetermined profit target (that depends on the volatility of the market)
• Initial Stop loss on the previous swing
• Keep it simple, and use a demo account or a small live account first to practice this trading strategy

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