VOLATILITY BREAKOUT

[manus168]

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

[Traveller]

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?

[Traveller]

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

[manus168]

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

[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?

You're welcome Bro ...



kind Regards;



manus168