Bolinger Band Long Term Strategy

Discussion in 'Trading Systems and Strategies' started by Sudheer Malik, Nov 25, 2017.

  1. Sudheer Malik

    Sudheer Malik Trader

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    Hello trader, I am Sharing with you Bolinger Band Long Term Strategy

    Add Bollinger Band Indicator on your chart with default setting
    and you have to know about it see Pic-01


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    Buy Trade
    Time Frame D1

    when Candle close above of upper Band
    then 2nd Day put pending order buy stop 20 pip above of previous day candle close
    please see Pic-02-03-04
    STOP Loss
    20 pip below the middle band
    Take Profit
    Minumum Take profit is 200 pip and better to use 1:3 Risk Rewrd
    if your average stop loss is 200 Pip Use Take Profit 600 Pip

    Sell Trade
    Time Frame D1

    when Candle below of Lower Band
    then 2nd Day put pending order Sell Stop 20 pip below of previous day candle close
    STOP Loss
    20 pip above the middle band
    Take Profit
    Minumum Take profit is 200 pip and better to use 1:3 Risk Rewrd
    if your average stop loss is 200 Pip Use Take Profit 600 Pip

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    First Try Its On DEMO when you see its perfect then trade on Real
    always take risk 02% Maxium of your Total Investment
    Thank You
    if any question please can ask me

    See more pic to clear its.
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    Enivid likes this.

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