Profitable Bollinger Band Trading Strategies for FX Markets with “Bollinger Bands Conservative Trading and Signals“.
Bollinger bands are one of the most popular technical indicators for traders in any financial market. In this article, we’ll learn how to trade the market with Bollinger Bands Conservative Trading System.
- Time Frame: H1 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Bollinger Bands
- Trend Edge
- Forex trend
- Conservative Signals
BUY Rules
- Price break out the upper band of the Bollinger Bands indicator
- Trend Edge blue bars
- Forex Trend blue bars
- Conservative Signals blue bars
SELL Rules
- Price break out the lower band of the Bollinger Bands indicator
- Trend Edge red bars
- Forex Trend red bars
- Conservative Signals red bars
EXIT Rules
This is an extremely HIGH ACCURACY Forex trading system.
- Place the initial stop loss above or below the previous candle
- Risk Reward Ratio 1:2 or 1:3
- The Conservative Signals indicator is the entry signal
- We use the Trend Edge indicator and Forex Trend indicator as a trend indicator
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