Forex Bollinger Band, MACD and MA Strategy

Trading Strategies 0 974


Summary : 

Forex Bollinger Band, MACD and MA Strategy is based Bollinger band and MACD, Moving Average Indicator.

 

Metatrader Indicators : 

- MACD (11,27,4)

- Bollinger bands (20;2)

- Moving Average (2, Smoothed, Close)

- pivot indicator.

 

Trading Conditions

- Chart Timeframe : 15 Minute

- Currency Pairs : Any pairs.

 

Long Position Entry : 

1.     MA must cross upward middle band.

2.     MACD histogram is below the line.

 

Short Position Entry : 

1.     MA must cross downward middle band.

2.     MACD histogram is above the line.

 

Exit Rules : 

- Profit Option : at 10 ~ 15 pips..

- Stop Loss Option : at 12 ~ 16 pips

 

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

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