RU/EN

FOREX Battle of the Bands "

Forex Strategy Battle of the Bands

Forex Strategy Battle of the Bands - This trading system was originally designed for trading in the securities market, but in view of its simplicity and universality - moved to the forex market, and the base it on the price movement of impulsivity and a few simple indicators, forex, which are present in any platform Metatrader 4 . Recommended time frame - from H1 , the currency pair can be any.

to trade, we need the following forex indicators:

1. Simple Moving Average SMA (32) (applied to high) and a simple moving average SMA (32) (applied to Low) - form a channel on the chart moving averages.

2. Trend indicator Parabolic SAR (step 0.02, a maximum of 0.2)

3. Two simple moving average SMA (100) and SMA (200), applied to a Close - Additional indicators (recommended for use, but not required)

rules for a deal to buy at the strategies Battle of the Bands:

price must close above the average SMA (32) High - ie above a moving average formed channel.

Price is above the moving average 100/200 SMA - the recommended condition, but not mandatory.

closing price bar must be above the opening price of the bar

Price must penetrate the Parabolic SAR from the bottom up, ie parabolic points should pereskachit down - under the price (it is on this candle)

If formed candle Dodges or Pin-bar - the signal should be ignored! If the closing price bar below the opening price of the bar - you should wait the next candle and make sure that all of the above conditions are met.

Strategiya forex Battle of the Bands

rules for a deal to sell policies on Battle of the Bands:

price must close below the average SMA (32) Low - ie below the moving average formed channel.

Price is below the moving average 100/200 SMA - the recommended condition, but not mandatory.

closing price bar must be below the price bar's open

price must "penetrate" in the Parabolic SAR from the top down, ie, parabolic points should pereskachit the bottom up - above the price (it is on this candle)

If formed Doji candle or Pin-bar - the signal should be ignored! If the closing price of the bar above the opening price of the bar - you should wait the next candle and make sure that all of the above conditions are met.

Torgovaya Strategy Battle of the Bands

Stop-Loss immediately after the transaction is placed under the closest fractal (local minimum) below the average SMA (32) Low - to buy. Above or near a fractal (local maximum) above the average SMA (32) High - for sale.

Once the price has gone in our direction and closed the next candle after the opening of the transaction - fix profit of 50% (or half) of the open transaction (or if you are open such a deal two separate lots, then close one of them). Immediately after the closure of half of the transaction, transfers balance position to breakeven!

further our profitable stop-loss (or in other words, a stop-trade), we move every time after the appearance of a new point indicator Parabolic SAR. This you can do at the opening of each new candle

Use the contents of the site at your own risk | Satisfaction of machine translation