FREE DOWNLOAD Forex Bollinger Bands Trend Momentum Sniper Trading System and Strategy – Bollinger Bands can be used in most time frames, from very short-term periods, to hourly, daily, weekly or monthly.
Bollinger Bands consist of a middle band, which is a 20-day simple moving average, that is bracketed by an upper and lower volatility band to signify overbought/sold conditions when prices reach these outer bands.
- Time Frame: M15 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Bollinger Bands
- Sniper
- Relative Strength Index
- Moving Average of Oscillator
- MACD
BUY Rules
- Bollinger Bands: Price break the upper band
- Sniper: Blue line
- Relative Strength Index: Above level 50 line
- Moving Average of Oscillator: Above 50 level line
SELL Rules
- Bollinger Bands: Price break the lower band
- Sniper: Red line
- Relative Strength Index: Below level 50 line
- Moving Average of Oscillator: Below 50 level line
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