Double Bollinger Bands with Awesome - forex trading times around the world

Double Bollinger Bands with Awesome ~ forex trading times around the world

Double Bollinger Bands with Awesomeis trading system a system of volatility trend following.

This system is profitable. It has good profitability and a good ratio Profit/ losses.

Time Frame 4H or higher.

Currency pairs: any.

Technical indicators:

Bollinger Bands (20, 2);

Bollinger Bands (20; 1);

Awesome (optional).

Candle pattern 1-2-3

Trading Rules

Buy

The candle closes above the Bollinger Bands 1 with the condition that the previous two

candles have closed within Bollinger Band 1 but above of the middle band (this condition setup is important).

Awesome with green bar is optional.

Sell

The candles price closes below the Bollinger Bands 1 with the condition that the previous two candles have closed within Bollinger Band 1 but below of middle band (this condition setup is important) ..

Awesome  with red bar is opional.
Initial stop loss 10 pips below/above middle band.

Minimum Profit Target 1.3 initial stop loss.

For a conservative trading only trade in the direction of the major trend.

Add a simple moving average of 100 periods.

Sell ??

Lower bands of the BB1 ??and BB2 <100 simple moving average.

The candles price closes below the Bollinger Bands 1 with the condition that the previous two candles have closed within Bollinger Band 1 but below middle of the band.

Awesome red color is optional.

Buy

Upper bands of the BB1 ??and BB2> 100 Simple Moving Average

The candle closes above the Bollinger Bands 1 with the condition that the previous two

candles have closed within Bollinger Band 1 above but of the middle band .

Awesome green color is optional.

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ADX filter trading - forex trading best times

ADX filter trading ~ forex trading best times

ADX filter trading is a trend following strategy based on the moving averages and ADX.

Time Frame 30min or higher

Currency pairs:any.

Setup indicators:

Three moving averages:

1. 5 exponential Moving average, close

2. 10 exponential Moving average, open

3. 80 simple moving average set to close, 80 SMA only serves as trend direction and dynamic

resistance and support points.

In sub window chart

4. Parabolic Sar set to (0,2 – 0.02) will serve as your trade direction alert.

5. ADX (14 period)

+D1 its your buy entry signal and confirmation to enter the market

-D1 (is the sell entry confirmation.

ADX above 40 shows that the trend is strong (trending market) and profitable. ADX can also serve to indicate a divergence.

6. 4 horizontal trendlines with parameters set to 10, 20, 25 and 40 (these are optional).

Buy

1. Parabolic Sar will first indicate an uptrend with the dot below the price.

2. ADX above 20 level,

3. +D1 above 20 level,

4. -D1 below 10,

when the previous four conditions have been successfully been met, you can open an buy order.

Sell

1. Parabolic Sar will first indicate an downtrend with the dot above the price.

2. ADX above 20 level,

3. +D1 below 10 level,

4. -D1 above 20 level.

when the previous four conditions have been successfully been met, you can open an buy order.

Exit position.

They are four options:

first:

1. fixed stoploss on the previous swing, trailing stop loss and breakeven stop ( after n..pips in gain move stop loss at the entry position).

Second:

When the previous three conditions have been me

Third

EXIT PLAN THREE

1. ADX is falling below 20 level,

2. +D1 or D- go below 20 lewvel,

3. Parabolic Sar had reversed

when the previous three conditions have been met, exit to the market.

Fourth1. -D1 has cut across +D1 (below 20) and is rising up after cutting across to 20 while the +D1 is still falling (or opposite),

     2.Parabolic Sar had reversed.

.



When not to trade with this strategy, conditions:

When +D is rising above 20 level and -D1 is moving below 10 level but ADX is falling to below 25 level. Don’t trade. You can trade if ADX is rising from 15 to above 20 but not when its trending down to below 25 level. See picuture.

when both ADX and D+ are rising to above 20 level and –D is moving to below 10 level but suddenly, one of either ADX or +D starts to trend down before the final confirmation is confirmed, don’t open trade.                                                                    

    

Trend continuation trading

Trend continuation first condition

1. D+ is retracing to below 20 level

2. ADX is not retracing and the

3. Parabolic Sar had not indicated a trend reversal. Stay in this trade but watch out with a stoploss.

Trend continuation second condition

Against all exist signals and confirmation, hold on to open order once –D1 is below 10 no matter what is happening at the other indicators.

Trend continuation third condition

Against all exist signals and confirmation, hold on to open order once ADX is rising above 40 and showing no sign of retracing, don’t worry about what other indicators are doing, it’s only background noise. Hold on to position but with stoploss order.

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24 48 EMAs Crossover - forex market hours nz

24 48 EMAs Crossover ~ forex market hours nz

EMAs crossover is a swing type strategy to trend following.

Time Frame 30min, H1, H4. (30 min good time frame for this forex strategy)

Currency pairs: EUR / USD, GBP / USD, USD / CHF, USD / CAD, USD / JPY, AUD / USD, GBP / JPY, AUD / JPY.

Indicators:

Exponential moving average (24 periods,);

Exponential movinjg average (48 periods);

Exponential movinjg average (5 periods median price);

Average directional Index (13 periods with 30 level).

Strategy Concept

This forex method used moving averages crossover as alerts of buy and sell. A crossover determine a change of direction of the movement of the price but it can identify also a change of momentum.

The ADX indicator in order to determine the actual power of the momentum of the price.

If ADX is actually above 30 level we can make certain that the momentum is really robust. For this reason we not take trade when ADX (13) is below 30 level.

Buy Setup

ADX 13 > level 30

D+ >D-

Exponential moving average 24 cross above Exponential moving average 48

Buy when the price, returns and bounce on the EMA 5.

Set stop loss at the previous low swing or below EMA 48.

Profit Target ratio stop loss 1.3 or more.

24/48 EMAs Crossover

Sell Setup

ADX 13 > level 30

D ->D+

Exponential moving average 24 cross below Exponential moving average 48

Sell when the price, returns and bounce on the EMA 5.

Set stop loss at the previous high swing orabove EMA 48.

Profit Target ratio stop loss 1.3 or more.

24/48 EMAs Crossover

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