Pinbar and Bollinger Band Forex Chart Patterns Strategy

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Pinbar and Bollinger Band Forex Chart Patterns Strategy

This chart pattern strategy work on a 4 hour chart and applicable to all pairs that there is high volatility and daily pips range.

Forex Indicators:

  • Bollinger Bands (20, 2)
  • Pin Bar
  • Jma Starlight (2, 3)
  • 5 EMA

Long Entry:

  • Pin Bar must touch lower band of the BB.
  • Buy when JMA Starlight cross up 5 EMA.

Short Entry:

  • Pin Bar must touch upper of the BB.
  • Buy when JMA Starlight cross down 5EMA.

Enter in the market only if the pin bar touches the upper band or lower.

Stop Loss:

  • for buy 5 pips below the lower bands
  • for sell 5 pips above the upper band.

Profit Target 35-60 pips depends by currency pairs.


Forex Trading Strategies Installation Instructions

Pinbar and Bollinger Band Forex Chart Patterns Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

Pinbar and Bollinger Band Forex Chart Patterns Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

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How to install Pinbar and Bollinger Band Forex Chart Patterns Strategy?

  • Download Pinbar and Bollinger Band Forex Chart Patterns Strategy.zip
  • *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover onTemplate
  • Move right to select Pinbar and Bollinger Band Forex Chart Patterns Strategy
  • You will see Pinbar and Bollinger Band Forex Chart Patterns Strategy is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

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