Range Market Trading System

Range Market Trading System is a trading system created for sideways market. This strategy is based on two indicators moving average and Bollinger Bands.
Time Frame 15 min or higher.
Currency pairs: EUR/USD, GBP/USD, USD/JPY, GBP/JPY, AUD/USD, AUD/NZD, EUR/CHF, USD/CHF.
Forex Indicators:
Bollinger Bands period 120 deviation 1.0.
Bollinger Bands period 120 deviation 2.0.
Bollinger Bands period 120 deviation 3.0.
4 EMA, close.
8 EMA close.
Trading Rules Range Market Trading System
Buy
When the price close between lower BB 120, 2.0 and BB 120 3.0 wait that 4 EMA crosses upward 8 EMA. Re-enter at any cross upward of EMAs (this is optional).
Profit target the next lower band or meddle band.
Stop loss 20 - 30 pips below the entry bar.
Sell
When the price close between upper BB 120, 2.0 and BB 120 3.0 wait that 4 EMA crosses downward 8 EMA. Re-enter at any cross downward of EMAs (this is optional).
Profit target the next upper band or meddle band.
Stop loss 20 -30 pips above the entry bar.
In the pictures Range Market Trading System examples.
Range Market Trading System

Range Market Trading System

Range Market Trading System

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