Sudheer Malik

Active Trader
Nov 25, 2017
2
1
39
39
Pakistan
Hello trader, I am Sharing with you Bolinger Band Long Term Strategy

Add Bollinger Band Indicator on your chart with default setting
and you have to know about it see Pic-01


b01.jpg

Buy Trade
Time Frame D1

when Candle close above of upper Band
then 2nd Day put pending order buy stop 20 pip above of previous day candle close
please see Pic-02-03-04
STOP Loss
20 pip below the middle band
Take Profit
Minumum Take profit is 200 pip and better to use 1:3 Risk Rewrd
if your average stop loss is 200 Pip Use Take Profit 600 Pip

Sell Trade
Time Frame D1

when Candle below of Lower Band
then 2nd Day put pending order Sell Stop 20 pip below of previous day candle close
STOP Loss
20 pip above the middle band
Take Profit
Minumum Take profit is 200 pip and better to use 1:3 Risk Rewrd
if your average stop loss is 200 Pip Use Take Profit 600 Pip

b02.jpg

b03.jpg

b04.jpg

First Try Its On DEMO when you see its perfect then trade on Real
always take risk 02% Maxium of your Total Investment
Thank You
if any question please can ask me

See more pic to clear its.
b05.jpg

b06.jpg
 
  • 👍
Reactions: Enivid