Very simple but powerful strategy

srichennaitrader
Posts: 2 ✭
HI traders
I am following a simple but powerful strategy
requirements:
you need only one indicator Bolinger Band
chart setup:
5 min candle with BB (20,2) default setup
Trade
Buy immediately ( next candle) when price touches upperband ( expiry 5 mins)
Sell immediately ( next candle) when price touches lowerband ( expiry 5 mins)
Note: trade should take place exact 5 mins candle starts
I am following a simple but powerful strategy
requirements:
you need only one indicator Bolinger Band
chart setup:
5 min candle with BB (20,2) default setup
Trade
Buy immediately ( next candle) when price touches upperband ( expiry 5 mins)
Sell immediately ( next candle) when price touches lowerband ( expiry 5 mins)
Note: trade should take place exact 5 mins candle starts
Comments
-
Thank you for sharing your trading strategy. Bollinger Bands are a popular technical indicator that can be used to identify trends, volatility, and potential buy/sell signals.
Keep going)