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50 Pips Bollinger Bands Forex System

As the name suggests, we are trying to make 50 pips from each trade with this simple Bollinger Bands system. Although it’s primarily designed to trade the 1 hour charts, please feel free to test it on longer time frame’s as well. Chart Setup Indicators: Bollinger Bands (default settings), Forex_Trend_Signalsv1 Preferred time frame(s): 1 hour […]

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Forex Scalping Strategy With Bollinger Bands

Scalping the GBP/USD and EUR/USD 5 min trading charts with Bollinger Bands. This strategy works best in a range-bound market environment characterized by almost flat horizontally aligned Bollinger Bands. Scalping Setup Indicators: Bollinger Bands with default 20,2 settings Preferred time frame(s): 5 min Trading sessions: EUR, US Preferred Currency pairs: GBP/USD, EUR/USD Download Download the […]

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True Range Envelopes Metatrader 4 Indicator

True Range Envelopes indicator looks similar to Bollinger Bands but slightly different because it also includes volatility for it’s band calculations. The price usually moves within the upper-and lower band. Trading Signals: BUY: Buy at the lower band with stop-loss below the most recent swing low. Take profit at the middle band or upper band. […]

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