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BB, RSI, Stochastic

  • #1
  • First Post: Edited Jun 2, 2026 10:43am Jul 2, 2025 11:35pm | Edited Jun 2, 2026 10:43am
I found an interesting trading system that is worth testing.
Bollinger band red (50,2)
BB yellow (50,3)
BB dark orange (50,4)
RSI(7)
Stochastic (14,3,3)
EMA100 white
EMA200 lime
Buy:
Wait for the price to break the lower red BB, RSI less than 30, stoch less than 20. If the price goes back towards the red line, RSI > 30, and stoch reaches or exceeds 40, we open a long position after the candle closes.
SL: the lower BB in yellow or dark orange, depending on your risk tolerance.
TP: the midline of the BB (50SMA) or the upper red BB
Sell:
Wait for the price to break through the upper red BB, RSI>70, stoch>80. Wait for the price to return below the red line, RSI below 70, stoch to 60 or below and open a short position.
SL: upper yellow or dark orange BB
TP: midline or upper red BB
Trend filtering: I only open a sell position when the price is below the 50 SMA on H4, and buy when the price is above it. I solved this with SMA 400 on M30, and SMA 800 on M15, so I don't have to switch between timeframes.
Attached Image (click to enlarge)
Click to Enlarge Name: BB példa.jpg Size: 140 KB
  • #2
  • Edited Jul 3, 2025 12:14am Jul 2, 2025 11:45pm | Edited Jul 3, 2025 12:14am
I manually backtested GBPJPY and gold on M15. It gave good results. The test is still in progress on the other pairs, on M30.
If the BB is narrowed, it indicates a lack of volatility, in this case I do not recommend starting a trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XAUUSD példa.jpg Size: 396 KB
Click to Enlarge Name: XAUUSD példa2.jpg Size: 408 KB
  • #3
  • Jul 2, 2025 11:58pm Jul 2, 2025 11:58pm
Quoting pusztafie
I found an interesting trading system that is worth testing. I found an interesting trading system that is worth testing. Bollinger band red (50,2) BB yellow (50,3) BB dark orange (50,4) RSI(3) Stochastic (6,3,3) EMA100 white EMA200 lime Buy: Wait for the price to break the lower red BB, RSI less than 20, stoch less than 20. If the price goes back towards the red line, RSI > 20, and stoch reaches or exceeds 40, we open a long position after the candle closes. SL: the lower BB in yellow or dark orange, depending on your risk tolerance. TP: the midline...



It is a good indicator-based trading strategy. If trade with very strict discipline you can expect positive expectancy.
Bollinger Band is one of my favourite technical studies together with MACD, RSi and Stochastics.



Other combination of BB with other indicators.
https://www.forexstrategiesresources...ex-strategies/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4
  • Jul 3, 2025 12:24am Jul 3, 2025 12:24am
a live trade:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBP példa.jpg Size: 378 KB
Click to Enlarge Name: live XAUUSD trading.jpg Size: 392 KB
  • #5
  • Jul 3, 2025 1:21am Jul 3, 2025 1:21am
Good luck with your new thread. Looking forward to learning from you. Subscribed
the cautious seldom err....C
  • #6
  • Jul 3, 2025 1:28am Jul 3, 2025 1:28am
Quoting pusztafie
I found an interesting trading system that is worth testing. I found an interesting trading system that is worth testing. Bollinger band red (50,2) BB yellow (50,3) BB dark orange (50,4) RSI(3) Stochastic (6,3,3) EMA100 white EMA200 lime Buy: Wait for the price to break the lower red BB, RSI less than 20, stoch less than 20. If the price goes back towards the red line, RSI > 20, and stoch reaches or exceeds 40, we open a long position after the candle closes. SL: the lower BB in yellow or dark orange, depending on your risk tolerance. TP: the midline...
Guess most of times you are having counter trend trades. isn't it?
Do you enter regarding of the trend?
  • #7
  • Jul 3, 2025 1:34am Jul 3, 2025 1:34am
I closed XAUUSD because the midline proved to be resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD zárás.jpg Size: 382 KB
  • #8
  • Jul 3, 2025 1:37am Jul 3, 2025 1:37am
Quoting pips29
Sok sikert az új témádhoz. Várom, hogy tanulhassak tőled. Feliratkoztam.
Thank you very much! All my respect is yours!
  • #9
  • Jul 3, 2025 1:45am Jul 3, 2025 1:45am
CHFJPY
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY M30 07.03.jpg Size: 385 KB
  • #10
  • Jul 3, 2025 1:51am Jul 3, 2025 1:51am
[idézet=Merka;15297826]{idézet} Gondolom, legtöbbször ellentétes trenddel kereskedsz. Nem igaz? A trenddel kapcsolatban szoktál belépni?[/idézet]

I trade trend reversals in the short term (M30,M15). Yes, I also trade in the direction of the trend.
  • #11
  • Jul 3, 2025 2:27am Jul 3, 2025 2:27am
Quoting pusztafie
I found an interesting trading system that is worth testing. I found an interesting trading system that is worth testing. Bollinger band red (50,2) BB yellow (50,3) BB dark orange (50,4) RSI(3) Stochastic (6,3,3) EMA100 white EMA200 lime Buy: Wait for the price to break the lower red BB, RSI less than 20, stoch less than 20. If the price goes back towards the red line, RSI > 20, and stoch reaches or exceeds 40, we open a long position after the candle closes. SL: the lower BB in yellow or dark orange, depending on your risk tolerance. TP: the midline...
Finally! I have been waiting for you to make your own thread. You have been very active for a very long time and you knows a lot. I look forward to follow your system.

Let me know if you need any programming for MT4.
MetaTrader 4 - so many advantages.
  • #12
  • Jul 3, 2025 2:31am Jul 3, 2025 2:31am
Quoting pusztafie
CHFJPY {image}
The emas' are within the red bb, why are you taking the trade
the cautious seldom err....C
  • #13
  • Jul 3, 2025 2:31am Jul 3, 2025 2:31am
Quoting pusztafie
[idézet=Merka;15297826]{idézet} Gondolom, legtöbbször ellentétes trenddel kereskedsz. Nem igaz? A trenddel kapcsolatban szoktál belépni?[/idézet] I trade trend reversals in the short term (M30,M15). Yes, I also trade in the direction of the trend.
Thanks for sharing this method.When you find some time do you mind sharing how you enter trend trades too?Thanks in advance.
  • #14
  • Jul 3, 2025 2:32am Jul 3, 2025 2:32am
would this be a trade you will take. The emas' are outside the red bb
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.rawM15.png Size: 43 KB
the cautious seldom err....C
  • #15
  • Jul 3, 2025 2:44am Jul 3, 2025 2:44am
[idézet=pips29;15297895]Ez egy olyan csere lenne, amit elvállalnál? Az ema-k a piros bb-n kívül vannak {image}[/idézet]
I wouldn't dare take on this trade because the BB is very tight.
I wonder if there will be enough strength to break EMA 100. If not, I will close
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY M15_2 7.03.jpg Size: 360 KB
  • #16
  • Jul 3, 2025 3:02am Jul 3, 2025 3:02am
[idézet=RiskFighter;15297892]{idézet} Végre! Már vártam, hogy létrehozd a saját témádat. Már nagyon régóta aktív vagy, és sokat tudsz. Alig várom, hogy követhessem a rendszeredet. Szólj, ha szükséged van bármilyen MT4 programozásra.[/idézet]
It's very kind of you to say that! I also follow your activities and I really respect your work. Unfortunately, programming has been out of my life. If I need help, I will definitely let you know.
  • #17
  • Jul 3, 2025 3:04am Jul 3, 2025 3:04am
Quoting pusztafie
[idézet=RiskFighter;15297892]{idézet} Végre! Már vártam, hogy létrehozd a saját témádat. Már nagyon régóta aktív vagy, és sokat tudsz. Alig várom, hogy követhessem a rendszeredet. Szólj, ha szükséged van bármilyen MT4 programozásra.[/idézet] It's very kind of you to say that! I also follow your activities and I really respect your work. Unfortunately, programming has been out of my life. If I need help, I will definitely let you know.
Any time. Just tell me.
MetaTrader 4 - so many advantages.
  • #18
  • Jul 3, 2025 3:08am Jul 3, 2025 3:08am
Quoting sln
{quote} Köszönöm, hogy megosztottad ezt a módszert. Ha lesz egy kis időd, megtennéd, hogy megosztod velem, hogyan lépsz be trendkereskedésekbe? Előre is köszönöm.
In post 1 I described when to enter. Look at the pictures, the green vertical line indicates buying, the red one indicates selling. If the described conditions are met, I enter the trade after the candle closes.
  • #19
  • Jul 3, 2025 3:27am Jul 3, 2025 3:27am
Look at this picture! The price was unable to break through the EMA10 and EMA 200 and started to decline. Since the stoch dropped below 40, I exited. This is the risk if the two EMAs are inside the red BB.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY M30 07.03.jpg Size: 353 KB
  • #20
  • Jul 3, 2025 4:38am Jul 3, 2025 4:38am
[idézet=pips29;15297893]{idézet} Az ema-k a piros bb-n belül vannak, miért vállalod a kereskedést?[/idézet]
There are TWO reasons: one is that a band formed on the hourly chart, the other is that I opened two trades, one with a TP of EMA 100, the other with EMA 200. There is also a third reason: I don't always follow my own rules, but I want to get rid of that.
My stop is 2-3 pips above the upper edge of the bar, which I will now move to break even.
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY M30_1zárás.jpg Size: 384 KB
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