High Accuracy Forex MACD Bollinger Bands Stop Trading System With Super Signal Indicator

Forex MACD Bollinger Bands Stop Trading System With Super Signal Indicator – Forex MACD Bollinger Bands Stop Trading System is for intraday trading and for scalping Time Frame 5min, 15 min, 30 min, and 60 min. Currency pairs: Forex Majors.

BBands Stops Custom Indicator. This custom version of the Bollinger Band indicator is far simpler to trade with comparing to its original.

Using this indicator you will easily get to know in which trend type is the market and opening position is fairly easy following few simple rules, while books could be written around tens of various examples occurring when you use the original version.

This indicator clearly shows which trend I’m dealing with. When the red line is above the price – it’s a downtrend when the candles are above the AQUA line – it is uptrend.

BBan Stop Rules for opening buy position:

• When price lowers and touches the AQUA line, buy position should be opened.
• Position is opened only after the second candle is closed above the blue line of BBand Stops indicator.

However, I wait for the second candle to close above and only after this has happened I am free to go with opening position. Always apply this rule to protect yourself from the loss.

 

 

How to filter the signals….?  filter a signal with the Bollinger Bands, BBand Stop, Trend Magic, and MACD. I trade only in the direction of the Trend Magic and MACD indicators.

 

• Super signal AQUA up arrow;
• The signal is confirmed with the price above the aqua Bband stop and Tred magic blue line;
• Blue SM HULL Moving Average upward;
• Blue MACD bar upward and above 0.5 line.

 

• Super signal YELLOW down arrow;
• The signal is confirmed with the price below the magenta Bband stop and Tred magic red line;
• Dark Orange SM HULL Moving Average downward;
• Red MACD bar downward and below -0.5 line.

Best time would be when the market is quite. Note you can use this setting of filter also for other signal or arrow.