MA Forex Bollinger Bands Strategy
This is also trading in reversal with strength-momentum filter.
This strategy works at all time frame from 15 minute timeframe or higher. Use this system in trending market. This is also applicable to Indices and commodities.
Forex Indicators:
- EMA 9 (yellow line),
- Bollinger Bands ( 5 period, 1,5 deviations),
- Signal arrows alerts,
- EMA Crossover (5, 8),
- MA crossover Candles ( 5, 8),
- TDI (fast setting),
- MA Bollinger Bands,
- Fibonacci pivots for intraday trading as profit target.
Rules for Buy:
- The buy Arrow buy must be confirmed by MA 9 above lower band of the BB and TDI (fast crossing upward).
Rules for Sell:
- The sell Arrow must be confirmed by MA 9 below upper band of the BB and TDI (fast crossing downward).
Exit the position with ratio SL 1.2
Initial SL must be place on the previous high/low swing.
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