Bollinger Bands Exit Forex Trading System

The Bollinger Bands Exit system is based on the Bollinger bands indicator. The applicable timeframe for this method is 1-hour or higher and is useful in all currency pairs.

MT4 Indicators:

• MA Crossover;
• Market Wath (with adx 25, and Bands Period 25);
• Bollinger Bands (2, 25).

Sell Signal:

1. Red Arrow
2. The market watch is red.
3. Do not enter if the price is out the band.

Buy Signal:

1. Blue Arrow.
2. The market watch is blue.
3. Do not enter if the price is out the band.

Exit Position:

• Place stop loss on middle band;
• Place target profit on upper or lower band.

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