Forex strategies revealed | FSR Forum

Actualy the idea's is from Mr. Bollinger himself with his Trading Methode. 1 in his book BOLLINGER ON BOLLINGER; but I take a little bit twist with a Standar Deviation Indicators; Ok lets go to the Nuts :

Pairs : EUR/USD (Only !).
TimeFrame: H1.
Indicators : Bollinger Bands (20, Dev;2)
Standar Deviation (20) With Level 0.0017.
SL & TP : 30 Pips (Risk : Rewards = 1:1)


So The Charts must be looks like this :




Rules :

We Entry only if Candlestick Allready break Lower (Sell) or Upper (Buy) Bollinger Bands with Confirmation by :
1. Candlestic with powerfull Momentum (Morubozu Candle); please reffer to ebook Candlestick Made Easzy by Chriss Lee.
2. The Standard Deviation(20) Indicators must be Down bellow 0.0017 Level 7 Rise again.
3. If these condition meet, next bar We will enter the market.


Please feel free to comment. Thanks a lot; have a nice long weekend; MERRY CHRISTMASH 25-12-2009 & HAPPY NEW YEAR 1-1-2010 to Everybody.

GOD Bless you all.


Cheers ...


Manus168

Grrreat one!

thank you for sharing. In my view, we should capitalise withing the next hour, no point to be greedy.

also a question: why do you thin kwe cannot try it on daily charts?

One more, is standard deviation a custom indicator? Can you share it? Thank you.

Traveller wrote:One more, is standard deviation a custom indicator? Can you share it? Thank you.

Its a Standard Indicators from Metatrader.4 Indicators.


Kind Regards;



Manus168

Traveller wrote:Grrreat one!

thank you for sharing. In my view, we should capitalise withing the next hour, no point to be greedy.

also a question: why do you thin kwe cannot try it on daily charts?

You're welcome Bro ...



kind Regards;



manus168