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.
- 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