High accuracy and Simple Forex Trading System with “BBand Stop Alert ArrZZx2” – The BBands Stop indicator (Bollinger Bands Stop line) is a trend indicator. When the price is over the green curve, the trend is bullish or bearish if the price is below its orange line.
- Time Frame: M5 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- BBand Stop Alert
- ArrZZx2
- Signal Trend
- Commodity Channel Index
BUY Rules
- BBand Stop Alert: Lime color
- ArrZZx2: Blue color
- Commodity Channel Index line: Upward and above the level 50
SELL Rules
- BBand Stop Alert: Yellow color
- ArrZZx2: Red color
- Commodity Channel Index line: Downward and below the level -50
Trading NOTES
- Put the initial stop loss above or below the BBand Stop
- Risk reward Ratio 1:2 or 1:3
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