Learn Forex Advanced Trading – Forex Bulls Bears Stochastic Oscillator Trading Strategy With BBand Stop Alert Custom Indicator

Forex Bulls Bears Stochastic Oscillator Trading System is a ‘trend following’ forex strategy. SEFC Bull and Bear indicator is a repaint indicator but the other indicatrs used not repaint.

 
Bulls Power indicator and its opposite Bears Power are designed by Alexander Elder and are intended to assess the current balance of forces between the bears (sellers) and bulls (buyers). Assessment of the balance of power is very important because its change will be the first signal of a possible trend reversal in the market.
 
Bulls Power and Bears Power indicators are based on two ideas:

1. Price always reflects the current balance between buyers and sellers.
2. Minimum of price shows a maximum power of bears while maximum of price shows a maximum power of bulls.

 

 

When you see a buy arrow, confirm the following before you place a trade.

• You have a blue buy arrow (bollinger band stop alert indicator);
• 1 Min Micro Trading indicator  blue;
• White support line (SEFC 05);
• Blue Bollinger band below the price action (white support line);
• Blue MA above Red MA with increasing Histogram (green, SEFC 10);
• SEFC Bull and Bears indicator aqua histogram;
• Stochastic indicator green line above RSX indicator in the same window of SEFX Bull and Bears indicator.
• TMAslope green  and above 0.8 line

 

When you see a sell arrow, confirm the following before you place a trade.

• You have a red sell arrow (bollinger band stop alert indicator);
• 1 Min Micro Trading indicator green;
•  Yellow resistance line (SEFC 05);
• Red Bollinger band below the price action (yelllow resistance line);
• Red MA above blue MA with increasing Histogram (red, SEFC 10);
• SEFC Bull and Bears indicator violet histogram;
• Stochastic indicator green line below RSX indicator in the same window of SEFX Bull and Bears indicator.
• TMAslope red and below -0.8 line

 
Note: Make sure to keep on demo trading and not to open a live account, as long as you have not been able to repeat your success with your demo account, the way that I have explained it here.
 
Does it make sense to open a live account and trade with the real money while you have not become able to make money with the demo account yet? If it doesn’t make sense, why are you trading with a live account then?
 
You think live trading is different…? It is not. When you lose with the demo account, you lose with the live account too. If you are not knowledgeable, experienced and disciplined enough to make profit with the demo account, you will not make profit with the live account too.