FxGhani Bollinger Band Breakouts.( Intermediates ). - FxGhani Trading Learning Place

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FxGhani Bollinger Band Breakouts.( Intermediates ).


Time Frame: 4hr.

Currency: Any

Indicator: Bollinger Band (20)

Insert the Bollinger Band indicator and be sure that its center line is
appearing.

Entry Rules.

Identify 2 valid lower points or 2 valid higher points in the Bollinger Band and draw a line from the first to the second line; it will be our break line.

Now when a candle closes above the break line issued from the higher points and in case the center line of the Bollinger band in the 1 hour chart crosses the break line then we have a LONG trade.

If the candle in the 4 hour chart closes under the break line issued from the 2 low points and in the same time the center line of the Bollinger band crosses the break line in the 1 hour chart then we are in a SHORT trade.


FxGhani Bollinger Band Breakouts.( Intermediates ).

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