How to made 1380 pips in just three weeks trading. Forex Bollinger Bands Stop Intraday Trading System and Strategy – As usually we use very primitive entry rules (nothing fancy).
If you do not know where to place your SL (Stop Loss) of the trade Bollinger Bands Stop Indicator is the right place for you!
When trading you should always set SL (Stop Loss) to some position where price can retrace and continue in your profit. If you set SL too close to your order then PA wont have necessary space to retrace and your SL will get hit. If you set it too far away then you risk vs reward is too big to bother with the order. So Bollinger Bands Stop Indicator will help you with all of the above issues.
The key to being a successful trader over time is to have a good set of trading rules. These rules don’t need to be overly complicated, but should be easy to follow. Often traders can get into trouble when they trade based on their emotions instead of a consistent set of rules. Trading without specific rules can help to create bad trading habits.
- When Goldminer, Sniper Trend and Bollinger Bands (chart indicator) are blue
- Kuskus starlight is blue
- Momentum upward and > 100
- Trend Bars are blue
- When Goldminer, Sniper Trend and Bollinger Bands (chart indicator) are red.
- Kuskus starlight is red
- Momentum downward and < 100
- Trend Bars are red
- Heiken Ashi Smoothed
- BBands Stop
- Kuskus Strlight
- Trend Bars
- ForexWOT-BBandsStop.tpl – Template
How to setup Forex Bollinger Bands Stop Intraday Trading System and Strategy:
- Past all ex4 files in “indicators” directory MetaTrader platform.
- ForexWOT-BBandsStop Trading System Template paste in “template” directory in your MetaTrader platform.
- Restart your platform and then load “ForexWOT-BBandsStop.tpl” from MetaTrader panel.
We strongly suggest you to trade on demo before you learn how to use it.