One min contrarian trading system
It is based on two indicators Bollinger band and Contrarian indicator. Use this system on a 1 minute timeframe in all major pairs.
Forex Indicators:
- Contrarian
- Bollinger bands (20:2)
For Long Entry:
- Enter when green arrow appears during a price break of the lower band.
For Short Entry:
- Enter when red arrow appears during a price break of the upper band.
Exit the position by placing a stop loss 3 pips above the upper band for short or below the lower band for long.
Take profit on the middle band or 4 pips for AU, 5 pips for EU and 7 pips for GU.
Recommended MT4 Brokers
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
>> Sign Up for XM Broker Account here <<
FBS Broker
- Trade 100 Bonus: Free $100 to kickstart your trading journey!
- 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
- Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
- ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
- Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.
>> Sign Up for FBS Broker Account here <<
Click here below to download: