Forex Multi BBands Stop Trading System

This “Forex Multi BBands Stop Trading System” is a trend following trading system based on BBands Stop, SS2009, and RSI indicator.

The BBands Stop indicator is regarded as an excellent gauge of market strength. The combination of the long period BBands Stop (14) and shorter period one (8) is the success key of the trading strategy.

• Best Time Frame:  M30 or Higher
• Recommended Markets: any

 

• BBands Stop
• SHI Silver trend sig alert (30, 9)
• SS2009 C (7- 50,6 )
• RSI

 

• BBands Stop (14) and (8) lime color
• SS2009 C Blue bars blue color
• RSI line upward and above the level 60

 

• BBands Stop (14) and (8) yellow color
• SS2009 C Blue bars red color
• RSI line downward and below the level 40

 

• Initial stop loss at the previous swing high/low
• Make profit is discretionary

Generally speaking, there are two ways to practice successful money management.

A trader can take many frequent small stops and try to harvest profits from the few large winning trades,

…..or a trader can choose to go for many small squirrel-like gains and take infrequent but large stops in the hope the many small profits will outweigh the few large losses.