Bollinger Bands Reversal Trading System

[Ifc]

Bollinger Bands Reversal Trading System
Submit by Forexstrategiesresources

Time Frame's: 15min, 30 min, H1, H4 and Daily chart
Currency Pairs: any
Trading Indicators:
Bollinger Bands set to standard period 20 Deviations 2
Bollinger Bands set to standard period 20 Deviations 3

Long Entry Position:
Wait that the price is between Bollinger Bands 20 Deviation 2 and BB 20 Deviation 3
Wait 2 more bars will form, if the 2 bars each have closed higher prices go long.
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Short entry Position:
Wait that the price is between Bollinger Bands 20 Deviation 2 and BB 20 Deviation 3
Wait 2 more bars will form, if the 2 bars each have closed lower prices go short.

Exit Position:
1)Stops are placed 5 pips behind the low or high of the bar 1;
2) Trailing Stop;
3) Profit Target: 60 pips EUR/USD, 70 pips GBP/USD 4H Time Frame, for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended);
4) When the price touches the middle band.



In the pictures below Bollinger Bands Reversal Trading System in action.

• 
  Bollinger Bands Reversal Buy
• 
  Bollinger Bands Reversal Sell
• 
  Bollinger Bands Reversal Buy
• 
  Bollinger Bands Reversal Sell

 

[Santas]

Wow this is really a great strategy I love it so much ooooooo its simple

 

[rostausd]

Look interesting will try it out. It looks simple but effective. will advise how I go.

 

[rathodvg3]

Bollinger Bands Reversal Trading System
Submit by Forexstrategiesresources

Time Frame's: 15min, 30 min, H1, H4 and Daily chart
Currency Pairs: any
Trading Indicators:
Bollinger Bands set to standard period 20 Deviations 2
Bollinger Bands set to standard period 20 Deviations 3

Long Entry Position:
Wait that the price is between Bollinger Bands 20 Deviation 2 and BB 20 Deviation 3
Wait 2 more bars will form, if the 2 bars each have closed higher prices go long.
<<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">
Short entry Position:
Wait that the price is between Bollinger Bands 20 Deviation 2 and BB 20 Deviation 3
Wait 2 more bars will form, if the 2 bars each have closed lower prices go short.

Exit Position:
1)Stops are placed 5 pips behind the low or high of the bar 1;
2) Trailing Stop;
3) Profit Target: 60 pips EUR/USD, 70 pips GBP/USD 4H Time Frame, for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended);
4) When the price touches the middle band.



In the pictures below Bollinger Bands Reversal Trading System in action.

• 
  Bollinger Bands Reversal Buy
• 
  Bollinger Bands Reversal Sell
• 
  Bollinger Bands Reversal Buy
• 
  Bollinger Bands Reversal Sell

it looks great!

 

[AsdrubaHS]

Greats..I will give you my opinion in a few days ... Thanks for share

 

[ANA42]

Bollinger Bands Reversal Trading System
Submit by Forexstrategiesresources

Time Frame's: 15min, 30 min, H1, H4 and Daily chart
Currency Pairs: any
Trading Indicators:
Bollinger Bands set to standard period 20 Deviations 2
Bollinger Bands set to standard period 20 Deviations 3

Long Entry Position:
Wait that the price is between Bollinger Bands 20 Deviation 2 and BB 20 Deviation 3
Wait 2 more bars will form, if the 2 bars each have closed higher prices go long.
<<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">
Short entry Position:
Wait that the price is between Bollinger Bands 20 Deviation 2 and BB 20 Deviation 3
Wait 2 more bars will form, if the 2 bars each have closed lower prices go short.

Exit Position:
1)Stops are placed 5 pips behind the low or high of the bar 1;
2) Trailing Stop;
3) Profit Target: 60 pips EUR/USD, 70 pips GBP/USD 4H Time Frame, for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended);
4) When the price touches the middle band.



In the pictures below Bollinger Bands Reversal Trading System in action.

• 
  Bollinger Bands Reversal Buy
• 
  Bollinger Bands Reversal Sell
• 
  Bollinger Bands Reversal Buy
• 
  Bollinger Bands Reversal Sell

Does this have an added element of martingale to it? as this strategy can easily fail without it?

 

[xxyou]

Time Frame's: 15min, 30 min, H1, H4 and Daily chart

 

[lapa70]

Bollinger Bands Reversal Trading System
Submit by Forexstrategiesresources

Time Frame's: 15min, 30 min, H1, H4 and Daily chart
Currency Pairs: any
Trading Indicators:
Bollinger Bands set to standard period 20 Deviations 2
Bollinger Bands set to standard period 20 Deviations 3

Long Entry Position:
Wait that the price is between Bollinger Bands 20 Deviation 2 and BB 20 Deviation 3
Wait 2 more bars will form, if the 2 bars each have closed higher prices go long.
<<script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">
Short entry Position:
Wait that the price is between Bollinger Bands 20 Deviation 2 and BB 20 Deviation 3
Wait 2 more bars will form, if the 2 bars each have closed lower prices go short.

Exit Position:
1)Stops are placed 5 pips behind the low or high of the bar 1;
2) Trailing Stop;
3) Profit Target: 60 pips EUR/USD, 70 pips GBP/USD 4H Time Frame, for Daily time frame 200pips EUR/USD , 250 pips GBP/USD (recommended);
4) When the price touches the middle band.



In the pictures below Bollinger Bands Reversal Trading System in action.

• 
  Bollinger Bands Reversal Buy
• 
  Bollinger Bands Reversal Sell
• 
  Bollinger Bands Reversal Buy
• 
  Bollinger Bands Reversal Sell

Thanks for the strategy.

 

[Vicek]

Greats..I will give you my opinion in a few days ... Thanks for share

Much time has passed, are there any results?