Advanced Accurate Forex Bollinger Bands Trading System

Bollinger Bands with Val Bands Trading – Advanced Accurate Forex Bollinger Bands Trading System is a volatility-trend following strategy for intraday trading but it’s also good for swing or for trading with binary options high/low.

 
What’s a Bollinger Band…? Bollinger Bands® consist of a center line and two price channels (bands) above and below it.

The center line is an exponential moving average; the price channels are the standard deviations of the stock being studied.

The bands will expand and contract as the price action of an issue becomes volatile (expansion) or becomes bound into a tight trading pattern (contraction).

A stock or currency may trade for long periods in a trend, albeit with some volatility from time to time. To better see the trend, traders use the moving average to filter the price action.

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Forex Bollinger Bands Trading Rules

 

Best Time Frame : 15 min or higher.
Markets for intraday trading : currency pairs major, Indicies: Dax, FTSE, S&P 500, Dow Jones, Nasdaq.
Binary options : expiry time 4-6 candles.

 

BUY Rules
  • MFX Gann Tr above MFX Gann,
  • Prices continually touch the upper Bollinger Band®
  • Trend Combo blue bar and above 0.5 line,
  • Val band bar is above yellow line,
  • Woodies CCI above 0 line,
  • if these conditions are agree entry at opening of the next bar.

 

SELL Rules
  • MFX Gann Tr below MFX Gann,
  • Prices continually touch the lower Bollinger Band®
  • Trend Combo red bar and below -0.5 line,,
  • Val band bar is above yellow line,
  • Woodies CCI below 0 line,
  • if these conditions are agree entry at opening of the next bar.

 

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Tips: For the best entries, wait that when the price bounce MFX tr lines. For intraday trading exit with fast profit targeg that depends by currency pairs or at the pivot levels.



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