Bollinger Bands MA with MACD Forex Strategy

 Bollinger Bands MA with MACD is forex day trading strategy allows currency traders to open and close trades within the same day with the help of the MA Bollinger Bands indicator.

The strategy takes advantage of rapid market movement within the same trading day.this trading system is day trading system, we recommend that you apply it on the lower time frame charts, starting from M5. This is a simple and winning strategy.

Bollinger Bands MA with MACD Forex Strategy

Setup Strategy

Bollinger Bands MA default setting

MACD (12, 26, 9)

Time Frame 5 min, 15 min, 10 min, 30 min

Trading Sessions: Any

Currency Pairs: EURUSD, GBPUSD,AUDUSD. AUDJPY, EURJPY, NZDUSD, GBPJPY, GBPCAD, EURGBP, USDCAD, USDJPY.

Strategy

Long Entry

Buy Arrow BBMA

MACD >0 level

Short Entry

Sell Arrow BBMA

MACD <0

Stop Loss for Buy Entry: Place stop loss below the previous swing low.

Exit Strategy/Take Profit for Buy /Sell Entry

when MACD crosses in opposite direction.

Predetermined forex target

Examples of the strategy.

Bollinger Bands MA with MACD Forex Strategy

Bollinger Bands MA with MACD Forex Strategy

Bollinger Bands MA with MACD Forex Strategy



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