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Bollinger Bnads Secret

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  • Bollinger Bnads Secret

    Hi,

    Today I am going to share a secret bollinger bands system with you all , works on 1 hour charts and 4 hour charts

    i use 2 deviations of bands 20 bands dev 1 and 20 bands dev 2

    when the price opens outside the bands dev 2 adn then comes inside and touches bands dev 1 you enter

    this is it , nothing fancy

    if your using the 1 hour use a 50 pip stop for a 50 pip target 1:1

    if your using 4 hour use 75 pips stop for 75 pip target 1:1

    you can trade any pair you like

    just wait for the set up to come then enter

    this would be good if automated or e-maill alerts

    thanks

    james agnew

  • #2
    on looking at it again. your stop should be 25 pips on the 1 hour and take profit should be 3-1,

    75 pips

    4 hour should be 50 pip stop and 150 pips rewards

    Comment


    • #3
      Originally posted by jamesagnew717 View Post
      Hi,

      Today I am going to share a secret bollinger bands system with you all , works on 1 hour charts and 4 hour charts

      i use 2 deviations of bands 20 bands dev 1 and 20 bands dev 2

      when the price opens outside the bands dev 2 adn then comes inside and touches bands dev 1 you enter

      this is it , nothing fancy

      if your using the 1 hour use a 50 pip stop for a 50 pip target 1:1

      if your using 4 hour use 75 pips stop for 75 pip target 1:1

      you can trade any pair you like

      just wait for the set up to come then enter

      this would be good if automated or e-maill alerts

      thanks

      james agnew
      Appreciate if you can provide the snapshot for the same, I tried it, but not sure where to set the deviation. Thank you

      Comment


      • #4
        Hi,

        here it is below,

        example of 2 bands together dev 2 and dev 1 the open must be outside dev 2 tehn the candle must breach dev 1 in the same candle

        Comment


        • #5
          Originally posted by jamesagnew717 View Post
          Hi,

          here it is below,

          example of 2 bands together dev 2 and dev 1 the open must be outside dev 2 tehn the candle must breach dev 1 in the same candle
          Thanks bro, much appreciated

          Comment

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