Trend Bands System

1.Bbands Stop
Bbands Stop is a popular technical indicator among the forex traders. It changes its color as the market changes the direction. When the market is up trending, its color is blue and when the market is down trending its color is red. You should buy when the market is above the Bbands Stop indicator you should sell when the market is below the Bbands stop.
2.Moving Average
The moving average is one of the most popular technical indicators to identify the direction of the market. In this forex trading system, there are two exponential moving averages used. The red moving average is a 50-period exponential moving average and the yellow one is a 100-period exponential moving average.
3.Trend Lord
Trend Lord is a technical indicator which consists of red and green bars. The green bars indicate the bullish pressure while the red bars indicate the bearish pressure.
4. 4TF HAS
4TF HAS is a technical indicator which shows the direction of the market in four different time frames. It shows if the market is up trending or down trending in 15 minutes, 30 minutes, hourly, and 4-hour charts.
Buying Conditions Using Trend BBands Mt4 Indicator.
The Bbandstop should be blue.
The market should be above the two exponential moving averages.
The TrendLord indicator should be green.
The 4TF HAS indicator should have green bars at least in the one-time frame.
Place your long position as soon as the above conditions are met.
Place your stop loss just below the recent swing low. Take your profit when the TrendLord indicator turns red.
Selling Conditions Using Trend BBands Mt4 Indicator.
The Bbandstop should be red.
The market should be below the two exponential moving averages.
The TrendLord indicator should be red.
The 4TF HAS indicator should have red bars at least in the one-time frame.
Place your short position as soon as the above conditions are met.
Place your stop loss just above the recent swing high.
Take your profit when the TrendLord indicator turns green
How to install Trend Bands Forex Strategy.mq4?
Download Trend Trend BBands Mt4 Indicator.mq4
Copy Trend Trend BBands Mt4 Indicator.mq4 to your Metatrader Directory/experts/indicators/
Start or restart your Metatrader Client
Select Chart and Timeframe where you want to test your indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
Right-click on Trend BBands Mt4 Indicator.mq4
Attach to a chart
Modify settings or press ok
Indicator Trend Bands Forex Strategy.mq4 is available on your Chart
What You’ll Get:
Trend BBands Mt4 Indicator for MT4 (2 indicators, template, manual)
Works on Forex, Cryptocurrency, Stocks, Commodities, Equity Indices, Precious Metals, and Energies
100% No Repaint Trading Signals
Popup Alerts, Email Alerts, and Push Alerts
Customer Support & Free Upgrades For Life
Use on unlimited MT4 accounts and Devices







Post a Comment

أحدث أقدم