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Bollinger Bands Range And Trend Trading
Started Apr 17, 2010|Trading Systems|21 replies
I recently started testing a system that is very simple, but sticks closely to market ...
Recent example — Here is a recent screenshot of a range trade and trend trade on GBPJPY. I took 8 trades on a live real money account trading $5 per pip using the scalping on 15min/5min charts, 7 wins, 1 loss with an over all profit of: $130
Thanks for the input and the compliment. I do have to say that this is not a system I created, and it is similiar to the forex trigger, but I have tweaked it to smaller TF to my liking. It's not perfect but its a start. I do like your input on price ...
Flat Meaning not clearly pointing — When I say "flat", I mean the 20MA (center line) isn't clearly pointing up or down sharpley. If it is flat then you are taking trades that bounce off the top and bottom bands and then the price breaks the ...
I recently started testing a system that is very simple, but sticks closely to market ...
Is that an indicator? — Is that an indicator predicting price or did you draw it. If its an indicator can you post it? Thanks, Ben
Real Money? — You did say that you have used this for the past 5 months in a real money account, correct?
ive done well — When its in a range, when you get GR, go G next, if you hit that G, then Go Red, it works well. When it breaks out of the range you will lose 1 trade but then you can get in trending mode, GG or RR. To me, the Range is the best ...
I play the range As Long As I can — I have found that if you get a RG, then many times you cant go wrong going Red. The range has been my friend on 3 currencies the past couple of days +287 pips for GU, EU, and UC... All playing the range
I agree — This EA is going to be fun to test!
Tested Carmen on GPB/USD From Nov 1 — I noticed that if you use the indicator with a 4.0 space on 15 min charts, the results are great. Many false signals are eliminated, although you do still get some. Also, If I am going long I will set my ...