Squeeze Reversal Forex Bollinger Band Strategy
Table of Contents
- 1 Squeeze Reversal Forex Bollinger Band Strategy
It is a system that works on a 30 minute or higher timeframe and applicable to forex, futures, indices and stocks.
- 3 bands indicator: setting
- Bollinger Bands (120, 1) ;
- Bollinger Bands (120, 2) ;
- Bollinger Bands (120, 3) ;
- Bollinger Band Squeeze;
- Exponential Moving Average (4) (setting H1);
- Exponential Moving Average (8) (setting H1).
- Check the price position.
- If the price is on the one of the three Bollinger Bands on the lower or upper band check.
- If the price rebounds.
- If rebound entry position when EMA (4) crosses EMA (8).
- The best entry is if the price bounces twice on the bands.
- Do not enter if the price bounces off the first band (upper or lower).
- Bollinger Band Squeeze flat
- Price rebound on the one of the three lower bands
- Enter when 4 EMA crosses upward 8 EMA.
- Bollinger Bands Squeeze flat
- Price rebound on the one of the three upper bands
- Enter when 4 EMA crosses downward 8 EMA.
Take profit on the middle band or at ratio 1.2 stop loss.
Initial stop loss 15 pips below or above entry position.
Forex Trading Strategies Installation Instructions
Squeeze Reversal Forex Bollinger Band 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.
Squeeze Reversal Forex Bollinger Band 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 Squeeze Reversal Forex Bollinger Band Strategy?
- Download Squeeze Reversal Forex Bollinger Band 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 on “Template”
- Move right to select Squeeze Reversal Forex Bollinger Band Strategy
- You will see Squeeze Reversal Forex Bollinger Band 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.
Click here below to download: