
Hello Trader!
Simple Bollinger Signals is a method that generates signals for binary options high/low and for trading without binary. This trading system is based on Bollinger Bands and an signal indicator.
Currency pairs: All
Time frame: 15 or More
Indicator: Bollinger Band
Binary options high/low expiry time 4-6 candles.
Trading rules Simple Bollinger Signals
Buy
When the price out the lower band, wait the Bollinger Bands signals buy Dots.
Sell
When the price out the upper band, wait the Bollinger Bands signals sell Dots.
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Second template for trading without binary options high/low
Buy
When the price out the lower band, wait the Bollinger Bands signals buy dots and that the signal line is green color.
When these condition are agree place a buy order.
Profit target at the middle band, opposite band or when signal line change color red to green.
Place initial stop loss 4-6 pips below the lower band.
Sell
When the price out the upper band, wait the Bollinger Bands signals sell dots and that the signal line is red color.
When these condition are agree place a sell order.
Profit target at the middle band, opposite band or when signal line change color green to red.
Place initial stop loss 4-6 pips above the upper band.
This second template is good also for scalping and day trading.
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