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Bollinger breakout system - MT4/MT5 resources

author EAcpu | 4 reads | 0 comments |
Hi

Okay, for those of you who know me, I share a lot of methods

I'm sure this is my final approach

Stop loss is 40 pips, target is 250 pips

I'm using Bollinger Bands the right way

Basically, when price breaks the upper limit, go long and hold until it reaches 250 pips or - 40 pips stop loss or reversal signal

So sometimes you get some stops and then you get a big move of 250 pips

Stop loss is 40 points, target point is 250, risk reward ratio is 6-1

Only trade the opposite direction on a breakout of the range

So let's say the price breaks the top with entry and stop loss reaches - 40 pips

If there is a reversal signal of the bottom band, enter the sell position and close the long position

it's easy

Alerts or EA would be great

Attached template

Good luck
40 stop.jpgscreenshot.pngscreenshot.pngta.jpg
40 stop.jpgscreenshot.pngscreenshot.pngta.jpg
40 stop.jpgscreenshot.pngscreenshot.pngta.jpg
40 stop.jpgscreenshot.pngscreenshot.pngta.jpg
40 stop.jpgscreenshot.pngscreenshot.pngta.jpg
40 stop.jpgscreenshot.pngscreenshot.pngta.jpg

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