Forex Wiki Trading > Forex Trading System > Double Bollinger Rubber Band

Double Bollinger Rubber Band

  • June 28, 2018
  • Posted by: Forex Wiki Team
  • Category: Forex Trading System
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This is a shopping for and promoting idea primarily based off extreme actions away from bollinger bands. Tge determine comes from the reality that value tends to snap once more to the suggest equivalent to a rubber band being stretched

I've checked out it solely on GJ and GU.

Setup: On a 1 hour GJ chart, add bollinger bands (14) with deviation of 1 (purple) and as soon as extra with deviation of 2 (navy), every set to the shut.

Promote signal: Value crosses the uppermost navy BB As quickly because it has moved 20 pips away from the BB, enter at market. Stop positioned 20 pips above the promote. Exit when value touches the upper purple BB.

Buy signal: Value crosses the lower navy BB. As quickly because it has moved 20 pips away from the BB, enter at market. Stop positioned 20 pips below the acquisition. Exit when value touches the lower purple BB.

This appears to work pretty successfully when value is trending and spikes out of its fluctuate and upon the first breakout following a BB sqeeze (ie when the BB have narrowed then enhance as value explosively strikes signalling a sample).

Avoid when value is trending strongly in each route (hugging the navy BBs making successive highs/lows.

See also  Binary Options Martingale Calculator Online
Attached Image (click on on to enlarge)
Click to Enlarge Name: BB example 1.JPG Size: 120 KB
Upon bettering your method try learning this BB pdf. Do you see one thing fascinating?
Attached Info
File Type: rar Bollinger Band factors to reinforce your BB method.rar   261 KB | 10 downloads
File Type: pdf Bollinger On Bollinger Bands.pdf   256 KB | 24 downloads
Attached Info
File Type: ex4 AdaptiveBollingerBandsMt4.ex4   24 KB | 8 downloads
File Type: ex4 Bollinger Bands P.c b.ex4   23 KB | 7 downloads
File Type: ex4 Bollinger P.c Bandwidth.ex4   23 KB | 7 downloads
File Type: ex4 Distinctive Bollinger Free.ex4   18 KB | 8 downloads
File Type: ex4 Assist and resistance bands.ex4   36 KB | 10 downloads

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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