Summary
:
Forex
Squeeze Reversal Bollinger Band Strategy is based three Bollinger Bands.
Metatrader
Indicators :
- Bollinger Bands (120, 1) ;
- Bollinger Bands (120, 2) ;
- Bollinger Bands (120, 3) ;
- Bollinger Band Squeeze;
- Exponential Moving Average (4, Close) -
setting H1
- Exponential Moving Average (8, Close) -
setting H1
Trading
Conditions
- Chart Timeframe : 30
Minute or Higher Timeframe.
- Currency Pairs : Any
pairs.
Long
Position Entry :
1. Bollinger Band Squeeze flat
2. Price rebound on the one of the three lower
bands
3. Enter when 4 EMA crosses upward 8 EMA.
Short
Position Entry :
1. Bollinger Bands Squeeze flat
2. Price rebound on the one of the three upper
bands
3. Enter when 4 EMA crosses downward 8 EMA.
Exit
Rules :
- Profit Option : On the middle band
- Stop Loss Option : 15 pips below or above entry position.
How to install Files?
- Download *.zip file.
- Copy Indicators folder to your Metatrader
Directory / indicators /
- Copy Template folder to your Metatrader
Directory / templates /
- Copy Libraries folder to your Metatrader
Directory / Libraries /
- 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