Forex Bollinger Bands Super Reversal Trading System With Supporting ADX Indicator

Forex Bollinger Bands Super Reversal Trading System – This Forex Bollinger Bands Super Reversal trading system is a momentum reversal strategy. This trading system is good for trading also for binary options high/Low and One touch.

What You Need To Know about Basics of Forex MarketBest H1 Forex Pivot Points Levels Trading Strategy Based on MACD, AFL Winner, RSI, and EMA indicatorForex Accurate System: Slope Direction Line Trading Zone With OverBought OverSold Oscillator Filter“MA Donchian Channel” Trading System and Strategy

Bollinger Bands consist of a center line and two price channels (bands) above and below it. The center line is an exponential moving average; the price channels are the standard deviations of the stock being studied. The bands will expand and contract as the price action of an issue becomes volatile (expansion) or becomes bound into a tight trading pattern (contraction).

Bollinger Bands have become one of the most useful and commonly used tools in spotlighting extreme short-term prices in a security. Buying when stock prices cross below the lower Bollinger Band often helps traders take advantage of oversold conditions and profit when the stock price moves back up toward the center moving-average line.

There are two setting for trade

• Time Frame :  15 min or higher. (15 min time frame only for forex majors and Indicies S&P 500, DAX , FTSE, Dow Jones).
• Markets : Forex, Indicies, Commodities.
• Currency pairs : any

• Bollinger Bands ( 50; deviation 2);
• Bollinger Bands ( 50; deviation 3);
• Bollinger Bands ( 50; deviation 4);
• Smoothed HA
• Nihilist Trend Filter 1
• Nihilist Trend Filter 2
• Nihilist Ultra Trend
• Supporting ADX (9 period, close with two levels: 35, 40), this indicator is for conservative approach.
• In the same window (RSI 14, with CCI 20);
• Exponential moving average 3 period, close;
• Exponential moving average 14 period, close.
• Rules Super Reversal Trading System (aggressive)

When the price touch or broken lower bands wait all Nihilist green, CCI crosses upward RSI and above blue Smoothed HA. Buy at opening of the next bar.

When the price touch or broken upper bands wait wait all Nihilist red CCI crosses downward RSI and below red Smoothed HA. Sell at opening of the next bar.

Conservative

• The same conditions with add Support ADX > 35 levels or 40 levels.
• 35 levels for time frame H1, H4, daily.

Exit position

• Initial stop loss depends by your management of the risk.
• For sell 2 pips above upper bands ( best option BB 50,3).
• For buy 2 pips below lower bands ( best option BB 50,3).

Make profit is discretionary various options:

• Ratio 1:1 stop loss, first opposite band, profit target predetermined.

TOP 10 Best Bollinger Bands Forex Trading System and Strategy How Do I Become a Good and Prifitable Forex Trader FREE DOWNLOAD Top 10 Forex Currency Trading Systems With Bollinger Bands Indicator Foreign Exchange Currency Trading & Investment Strategy – Forex Z 20 System for Successful and Highly Profitable Forex Trader Forex Bollinger Bands Price Action Trading System and Strategy Forex Bollinger Bands Trading System with 4 Time Frame Gann Hilo Indicator (GANN) High Accuracy Volty Channel Stop RSI Trading Strategy and How to Win Consistently in Forex Trading Forex Day Trading – Secrets Bollinger Bands Forex Trading System Reveal Forex Forbi EMA-Bollinger Moderate Swing and Trend Trading Strategy How to Trade Forex Bollinger Bands with Zigzag and Commodity Channel Index (CCI) in Forex