- October 15, 2022
- Posted by: Forex Wiki Team
- Categories: Forex Trading System, Free Forex EA, Free Forex Indicators
Bollinger Band Trading Strategy Review
Bollinger band trading strategy was released in November 2014 and received great reviews from Forex traders. The idea of creating a system came to me after I finished researching the Bollinger Bands indicator.
As you may know, Bollinger Bands are one of the most powerful indicators available to traders in the world of technical analysis. After I completed my research and discovered some amazing things, I decided that I needed to create a powerful trading tool for myself and my followers. This is where the idea of the Forex Triple B system was born. Its accurate trading alerts based on the Bollinger Bands indicator, combined with additional divergence filters and built-in risk-reward filters, satisfied the needs of many traders who were delighted with the system.
Even though it has been used by many traders since its first launch, over time I realized that something was missing. Some KEY “ingredient” as you might call it.
The Forex Triple B system was designed mainly for swing traders and served them well, but short-term traders or those who like to scalp the markets could not use the Forex Triple B system in all its variations.
Therefore, I decided to “change” my algorithm in such a way that it can serve all types of traders efficiently and provide them with a powerful, accurate, and reliable solution.
So, 2 years later, around 2016, I introduced Forex Triple B 2.0 to the online trading community.
Since then, Forex Triple B has consistently been at the forefront of the trading system and has served its users well. Its reputation and level of success speak for themselves.
Because I admire creativity, I’m always looking for ways to make things even simpler, better, more reliable, stronger, and more accurate. I am always looking for ways and methods to polish my trading tools and improve them. In addition, market changes require constant updating and keeping up-to-date strategies, methods and techniques.
As a Certified Financial Technician, I am a BIG fan of technical analysis and always strive to create the best tools for myself and my community.
And now I am VERY PROUD to present you my latest Forex Triple B PRO.
The PRO version is the highest-level version I have ever been able to create. Over the years, my team and I have gained a lot of experience in technical aspects, programming, trading, and user-friendly methods, and we have developed a version that we believe will serve our clients with the highest level of accuracy and reliability.
Please note that when you get the Forex Triple B Pro version, you also get the Forex Triple B 2.0 version. So in fact you will be able to use 2 strategies to their full potential.
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U30 EA Robot Setting
Features of the Forex Triple B PRO trading system
AUTOMATED TREND SCAN
SPECIAL TRADING LEVEL ALGORITHM
AUTOMATED CAPABILITY SCANNER
UNIQUE TOOLS HEAT MAP
SMART WARNING ALARMS
AUTOMATED TRADE MANAGEMENT
Get a first hand look at the Triple B Pro trading system
1. BASED ON BOLLINGER BAND INDICATORS
There are many ways to trade with the trend. One of the best ways I have found is to use the classic trend trading indicator, the Bollinger Bands. Bollinger Bands is one of my favorite indicators and there are many reasons why I love it and find it reliable, but the bottom line is that with the right use of this amazing indicator, you can find very accurate trading opportunities. It is true that Bollinger Bands can be used for reversals as well, but their main purpose and classification is as a trend trading indicator.
The Triple B project has been entirely based on Bollinger Bands since its early days. And through experience, I have found better ways to use Bollinger Bands in a VERY special way, for more accurate trading and better probability opportunities.
What you get with Triple B PRO is the latest and greatest of our trading techniques. The ‘cloud’ of Bollinger Bands we have created will appear in pre-analyzed trending market conditions and provide you with ‘ready to trade’ opportunities.
2. FULLY AUTOMATED TREND SCAN WITH DIFFERENT SENSITIVITY
One of the main features of the Forex Triple B PRO version is the automatic trend analysis tool. And you get fully “prepared” conditions for easy use and reading clear trend conditions. We have classified 3 different trend sensitivities and you can enjoy the automatic analysis that our indicator does for you.
3. SELECTED TRADING LEVELS GENERATED BY AUTOMATIC REVERSAL CALCULATION IN DIFFERENT FORMATS.
Another new feature we’ve added to the PRO version is built-in Pivot levels. Pivot levels help traders determine the best trading levels for a day or week based on purely mathematical calculations based on price action. Our indicator allows you to test all indicators from our user-friendly trading panel.
4. AUTOMATIC SCANNER THAT
SCAN BETTER OPPORTUNITIES FOR YOU
Without a doubt, the most convenient NEW feature of the PRO version is the automatic trade scanner. Instead of running a trading strategy on multiple charts and tracking them all for alerts, our scanner does all the work for you FULLY automatically! You enter the instruments you want to trade and the scanner will do the rest for you and let you know when an alert is found!
As simple as that!
This will save you a LOT of TIME and make your whole trading task easier.
5. HEAT MAP
The heat map is your “hottest information” map. In other words, this feature lets you know which pairs are the “hottest” in current market conditions and helps you identify the best trading opportunities. Our heatmap gives you complete flexibility in choosing the instruments you are interested in and allows you to see data from the last trading day or the last 7 days.
You don’t have to wait for the market to create conditions. Triple B PRO will alert you as soon as the conditions are met. You can receive MT4 alerts, and notifications via email or mobile phone.
7. AUTOMATED CONTROL
Triple B PRO will help you here too. Once you enter a trade, everything else will be done for you. The PRO version shows pre-analyzed levels and once you enter a trade, it will manage your trades FOR YOU!
Step 1 – You receive an alert. If you approve, the Triple B PRO system will prepare you for the trade.
Step 2 – The levels are automatically ready for you on the chart. Entry level proposed protection and proposed purpose. You can then manually change them if you wish.
Step 3 – Automated control. Triple B PRO will enter the trade and manage it with the desired risk. You can also go to breakeven once with a profit to make a risk-free trade and close a partial trade.
Don’t be afraid to skip the warning, two features will help you stay informed! If you missed an alert for any reason, but still wish to trade it when you are free and as long as market conditions permit, you can re-trigger the last alert issued by the system. Alternatively, if you find an alert you don’t want to work with, you can deactivate it.
9. BUILT-IN MACD
An indicator that helps you work only with the best settings! You don’t need to put ANY new indicators on the chart. We have everything built in for you! And the best part is that you don’t have to switch timeframes to analyze multiple timeframes, our built-in MACD allows you to see different timeframes on the same chart you are trading on!
Elements of proof
Below you can find a table with example trades using Triple B PRO with images showing exact entries and exits as well as trade information such as entry-level, stop loss, take profit, etc.
The idea is simple – to show you what Triple B PRO looks like in action.
Trade examples are organized for you by date.
It is especially important to note that NOT all signals generated by the software are suitable for trading, and the signals generated by the system DO NOT constitute advice or recommendations for action. The trading guide and additional videos that come with the software, which you can find in the download, set out clear and specific rules. The example trades you see in the table below are examples of trades using the Triple B PRO strategy rules.
Please be sure to read these materials before you start trading!
The purpose of the trades shown below is to demonstrate what setups using Triple B PRO look like, why they are acceptable, and how to work with them.
Past success does not guarantee future results. The trading examples below are not trading tips! The purpose of this table is educational only. None of the above and below is a recommendation or advice for a particular buying or selling action. https://vladimirribakov.com/tripleb-trades-ideas/
Examples of Forex Triple B Pro Trades
MORE ABOUT FOREX TRIPLE B PRO
The system is installed on the Metatrader 4 platform, the most popular trading platform in the world. It analyzes the markets 24/5 and can be applied to any combination of time frames and currency pairs. When Forex Triple B Pro identifies a trade setup, it will generate a Metatrader4 alert and/or email or mobile notification. You have the complete comfort of choosing what suits you best, and Triple B PRO does the rest for you!
The Forex Triple B Pro system consists of the following 6 KEY elements. These elements are: – Automatic trend scanning with different sensitivities. Automatic scanned alerts based on Bollinger Bands. Built-in Pivot levels. Embedded MACD. Automated management decisions. Trade scanner ONE PLACE. These revolutionary elements make your trading easy and convenient.
Bollinger Band Trading Strategy Free Download
We highly recommend trying the Bollinger band trading strategy with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.