Hi
ok guys for those who know me i have shared many methods
im sure this is my final method
stop loss is 40 pips and target is 250 pips
i use Bollinger bands the correct way
basically when the price breaks the upper band go long and hold until 250 pips is achieved or - 40 pips stop or reveres signal
so sometimes you get a few stop outs then a big runner for 250 pips
with a 40 pip stop and 250 target that's 6-1 risk rewards
only enter the trade on a reverse trade on breach of the band
so say the price breach top band enter and stop loss goes to - 40 pips
if there is a reverse signal to bottom bands enter sell and close the long
its very easy
an alert or EA would be great
template attached
good luck
ok guys for those who know me i have shared many methods
im sure this is my final method
stop loss is 40 pips and target is 250 pips
i use Bollinger bands the correct way
basically when the price breaks the upper band go long and hold until 250 pips is achieved or - 40 pips stop or reveres signal
so sometimes you get a few stop outs then a big runner for 250 pips
with a 40 pip stop and 250 target that's 6-1 risk rewards
only enter the trade on a reverse trade on breach of the band
so say the price breach top band enter and stop loss goes to - 40 pips
if there is a reverse signal to bottom bands enter sell and close the long
its very easy
an alert or EA would be great
template attached
good luck
