Flat strategy based on Bollinger Bands
Flat trading strategy for the Bollinger Bands indicator предназначена для торговли на таймфрейме H1, валютная пара — любая. На график выбранной валютной пары, необходимо установить следующие индикаторы , стандартные для торгового терминала Metatrader 4:
1) Bollinger Bands indicator (перион — 24, отклонение — 2, HLCC/4) — цвет синий, указывает на тренд на 24-часовом таймфрейме, т.е. дневном.
2) Bollinger Bands indicator (период — 120, отклонение — 2, HLCC/4) — цвет красный, указывает на тренд на 120-часовом таймфрейме, т.е. недельном.
3) Bollinger Bands indicator (период — 480, отклонение — 2 HLCC/4) — цвет оранжевый, указывает на тренд на 480-часовом графике, т.е. на месячном.
4) Simple Moving Average — SMA (4), apply to close.
5) Simple Moving Average — SMA (8), apply to close.
Here is approximately how your chart will look like after you install all the indicators (for convenience, you can use the template for MT4, which you can download at the end of this article):
Trading signals for a flat strategy based on Bollinger Bands
To enter the market, it is necessary to проверить любой из этих трех Боллинджеров на «наличие Флета»: if at least one of them is narrowed and its lines are parallel, you should consider this currency pair to look for signals for making deals. If there are no parallel lines, switch to another currency pair.
Then we determine whether the price is now at the lower boundary of the parallel Bollinger Bands or at the upper boundary of the indicator. If the price, for example, came to the upper border of the BB bands and bounced from them and this signal is confirmed by crossing the moving averages SMA (4) and SMA (8), it is necessary to conclude a sell trade at the opening of the next hourly candle. If the price came to the lower boundary of the BB bands and bounced up from them and this signal is confirmed by the crossing of the SMA (4) and the SMA (8), it should be a buy trade.
StopLoss размещаем выше максимальной цены после отскока от BB — для продажи, и ниже минимальной цены после отскока от BB для покупки.
Closing the deal after the reverse intersection of the two SMA simple moving averages, or on the opposite border, or on the middle line of the BB bands of an older period. I.e. for индикатора BB (24) цель — BB(120), для BB (120) цель — противоположная граница или средняя линия BB (480).
Example of working out a flat trading strategy based on Bollinger Bands
