Double Bollinger Bands with Awesome ~ forex trading times around the world
Double Bollinger Bands with Awesomeis trading system a system of volatility trend following.
This system is profitable. It has good profitability and a good ratio Profit/ losses.
Time Frame 4H or higher.
Currency pairs: any.
Technical indicators:
Bollinger Bands (20, 2);
Bollinger Bands (20; 1);
Awesome (optional).
Candle pattern 1-2-3
Trading Rules
Buy
The candle closes above the Bollinger Bands 1 with the condition that the previous two
candles have closed within Bollinger Band 1 but above of the middle band (this condition setup is important).
Awesome with green bar is optional.
Sell
The candles price closes below the Bollinger Bands 1 with the condition that the previous two candles have closed within Bollinger Band 1 but below of middle band (this condition setup is important) ..
Awesome with red bar is opional.
Initial stop loss 10 pips below/above middle band.
Initial stop loss 10 pips below/above middle band.
Minimum Profit Target 1.3 initial stop loss.
For a conservative trading only trade in the direction of the major trend.
Add a simple moving average of 100 periods.
![Double Bollinger Bands with Awesome Double Bollinger Bands with Awesome](http://2.bp.blogspot.com/-qbGQaMbyr5g/VmcE0d380aI/AAAAAAAABl4/OG_zHUAKTm8/s640/USDTRYH14.png)
![](http://2.bp.blogspot.com/-WeujuIcBcZA/VmcE2yqRfMI/AAAAAAAABmA/cqNYNDtPehE/s640/USDTRYH4.png)
Sell ??
Lower bands of the BB1 ??and BB2 <100 simple moving average.
The candles price closes below the Bollinger Bands 1 with the condition that the previous two candles have closed within Bollinger Band 1 but below middle of the band.
Awesome red color is optional.
![](http://3.bp.blogspot.com/-dAsl_zQj5ng/VmcFFJ2VcLI/AAAAAAAABmI/4KWDprIIm6I/s640/USDTRYH34.png)
Buy
Upper bands of the BB1 ??and BB2> 100 Simple Moving Average
The candle closes above the Bollinger Bands 1 with the condition that the previous two
candles have closed within Bollinger Band 1 above but of the middle band .
Awesome green color is optional.
![Double Bollinger Bands with Awesome Double Bollinger Bands with Awesome](http://2.bp.blogspot.com/-1BunrMIg1Y8/VmcG5D6C3qI/AAAAAAAABmU/nbPun3CdYjk/s640/USDTRYH44.png)
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