Forex VBBS StepMA Support Resistance System

ForexWOT  “VBBS StepMA Support Resistance System” designed for intra-day trading and will be clear even to the beginner.

• Time Frames: M30 and H1, but the system works well also in H4 and Daily time frames
• Currency Pairs: GBPUSD, EURUSD, USDJPY, and all Major Pairs

 

• VBBS
• Signal Trend
• Support Resistance
• Ichimoku Kinko Hyo
• StepMA
• Commodity Channel Index

 

• VBBS green color
• The Support Resistance indicator white color and below the previous swing low
• Price above the StepMA and Tenkan-Sen Ichimoku Kinko Hyo
• Commodity Channel Index line above 50 level

 

• VBBS yellow color
• The Support Resistance indicator yellow color and above the previous swing high
• Price below the StepMA and Tenkan-Sen Ichimoku Kinko Hyo
• Commodity Channel Index line below -50 level

 

• Stop-loss is set for the VBBS (Bollinger Bands Stop) indicator
• This is a great trend following strategy
• Use a demo account or a small live account first to practice this trading system

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