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