mForex - Bollinger Bands - Pinbar scalping system
Transaction setup parameters
Trading strategies
=== BUY ===
=== SELL ===
* If you have any questions or suggestions for this strategy, feel free to ask us.
- Time frame: M5, M15
- Currency pair: Any except XAU/USD
Trading strategies
=== BUY ===
- Price break out of the lower Bollinger Bands
- The Pinbar reversal candlestick appears and closes the candle on the lower Bollinger Bands
- Stop loss: Nearest bottom + 3-5 pips
- Profit target: 10-20 pips
=== SELL ===
- Price break out of the upper Bollinger Bands
- The Pinbar reversal candle appeared and closed below the upper
- Stop loss: Nearest peak + 3-5 pips
- Profit target: 10-20 pips
* If you have any questions or suggestions for this strategy, feel free to ask us.