Summary
: Forex
Grid Martingale Bollinger Band Strategy is based only in 2 Bollinger bands
indicators after the opening of the first position using a grid of orders in
case the price has gone in the wrong direction. Metatrader
Indicators : - Bollinger bands (100, 2);- Bollinger Bands (100, 3). Trading
Conditions- Chart Timeframe : 15 Minute and 30 Minute, 1 Hour.- Currency Pairs : Any Pairs. Long
Position Entry : 1. Price must touch off the lower boundary of
the blue Bollinger.2. Open a buy position with target profit points
and without stop loss.3. After every 30 pips (depends by currency pair
) below the entry point of exhibiting the pending orders to buy without
stop-loss with martingale 1.5. Short
Position Entry : 1. Price must touch off the upper boundary of
the blue Bollinger.2. Open a sell position with target profit
points and without stop-loss.3. After every 30 pips (depends by currency pair
) above the entry point of exhibiting the pending orders to sell without
stop-loss with martingale 1.5. Exit
Rules : - Profit Option 1 : 15 Pips (GBPUSD, USDJPY, USDCAD, EURJPY)- Profit Option 2 : 12 Pips (EURCHF)- Profit Option 3 : 13 Pips (EURUSD, EURGBP, USDCHF) Note:- Martingale example : 0.01, 0.02, 0.03,
0.05, 0.08, 0.11, 0.15, 0.2, 0.25, 0.32, 0.4, 0.5, 0.65, 0.8, 1, 1.2, 1.5, 1.8
2.1 , 2.4, 2.7 , 3.- Grid: GBP/USD, USD/JPY, USD/CAD, EUR/JPY,
30 pis.- Grid: EUR/CHF, 20 pips,- Grid: EUR/USD, EUR GBP,
USD/CHF, AUD/USD 25 pips. Money managementIf this strategy applies
to sideways markets can generate large profits.Open a $ 5,000 account
when reach $ 50,000 to close the account. How to install Files?- Download *.zip file.- Copy tpl file (Template) to your Metatrader
Directory / templates /- Start or restart your Metatrader- Select Chart and Timeframe where you want
to test your forex strategy- Right click on your trading chart and hover
on “Template”- Move right to select Template
- You will see Trading System strategy is
available on your Chart