Home / FREE DOWNLOAD MT4 Trading Systems / Zig Zag NRP Bollinger Bands Price Action Trading System with Raitis JMA Ribbon Filter Indicator

Zig Zag NRP Bollinger Bands Price Action Trading System with Raitis JMA Ribbon Filter Indicator


High accuracy “Zig Zag NRP Bollinger Bands Trading System ” – Zig Zag and Double Bollinger Bands trading system is a price action forex strategy based on the market trend and momentum.

Trading NOTES

DOWNLOAD INDICATOR

  • Time Frame: H1 and H4
  • Currency Pairs: EURUSD and GBPUSD

 

MetaTrader Trading Indicator
  • Raitis JMA Ribbon
  • Zig Zag NRP
  • Bollinger Bands
  • ArZZX2
  • Stochastic V.3 MTF

 

BUY Rules


  • Zig Zag RNP 25 or Zig Zag NRP 50 breaks the lower band (withe or royal blue)
  • Appears  blue color ArrZZx2 indicator
  • RaitisJMARibbon blue color bars
  • Stochastic V.3 MTF has crossed upward
  • Trend Info THV  “UP” Signal

 

SELL Rules

  • Zig Zag RNP 25 or Zig Zag NRP 50 breaks the upper band (withe or royal blue)
  • Appears  red color ArrZZx2 indicator
  • RaitisJMARibbon red color bars
  • Stochastic V.3 MTF has crossed downward
  • Trend Info THV  “DOWN” signal

 

Trading NOTES
  • Profit Target 60 min time frame 200-300 pips; stop loss 150 pips
  • Profit Target 240 min Time frame 300 – 500 pips; stop loss 250 pips
  • Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM


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