Bollinger Bands Exit Forex Trading System

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Bollinger Bands Exit Forex Trading System

The Bollinger Bands Exit system is based on the Bollinger bands indicator. The applicable timeframe for this method is 1-hour or higher and is useful in all currency pairs.

MT4 Indicators:

  • MA Crossover;
  • Market Wath (with adx 25, and Bands Period 25);
  • Bollinger Bands (2, 25).

Sell Signal:

  1. Red Arrow
  2. The market watch is red.
  3. Do not enter if the price is out the band.

Buy Signal:

  1. Blue Arrow.
  2. The market watch is blue.
  3. Do not enter if the price is out the band.

Exit Position:

  • Place stop loss on middle band;
  • Place target profit on upper or lower band.

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