Submitted by User on August 14, -
Share your opinion, can help everyone to understand the forex strategy. Retracement Trading System daily,. Long and Short Setups a The setup to buy requires a price move from a swing low point 1 to a swing high point 2 and a retracement to a swing low point 3. Long and Short Triggers a The trigger for a long position is a resumption of the up move to the following level: Long and Short Exits a If long two units, exit both at the initial protective stop or exit one unit at target 1 and one unit at either the trailing stop or target 2, whichever is hit first.
The Fibonacci Bollinger bands contain in its base 20 SMA, so, frankly, even regular Bollinger bands would be better than FBB in my opinion less levels - almost same result. What I would do is: Trail the stop with each new bar until hit. Active traders Poll - share your live experience or read what others have to say. Forum What is Forex? Who's online There are currently 3 users online.
Submitted by Edward Revy on July 15, - Submitted by User on August 14, - Submitted by Edward Revy on August 16, - Hi, Firstly, I've made some screen shots for everyone to follow. Submitted by User on January 12, - Submitted by Edward Revy on January 13, - Submitted by Nicknamed on January 13, - Submitted by Edward Revy on January 15, - Submitted by Nicknamed on January 15, - Hi, here another try to upload the screenshots.
If anybody of you guys finds out which settings possibly after backtest , please post it here. If the Bollinger Bands contracts, it is a signal the volatility is thinning out, signaling an exit or take profit. If price bar closes below the pips Momentum custom indicator, it is a signal that price making a U-turn from an earlier direction. Sell Entry Rules Enter a sell order when the following conditions are in full glare on the activity chart: Check to see if the!
DivStochv5 custom indicator pattern, if the indicator forms red histograms above the If the candlesticks bounces off the upper Bollinger Bands, then surges lower and breaks-out following the widening of the Bands, it is a trigger for a sell.
If price bar opens and closes below the pips Momentum custom indicator, coupled with its blue line crossing the red line downward. If the DarkGreen histograms of the! DivStochv5 custom indicator laced with the yellow line is formed within its indicator window, we should anticipate reversal and as such an exit or take profit will do.
If the outer bands of the Bollinger Bands begins to contract, an exit or take profit should be triggered.