As the name suggests, this simple forex strategy is composed of the CCI indicator with Bollinger Bands. Bollinger Bands 20 period, 2 deviations , Bartimer, Commodity Channel Index default settings Preferred time frame s: Any Preferred Currency pairs: Download the Forex Strategy With CCI And Bollinger Bands for Metatrader 4.

We had 3 buy entry signals on the chart shown above.

MT4 indicator (edegawiwajy.web.fc2.com4) | Forex Indicators Guide

Click the chart to enlarge. Initiate buy order at the open of the next bar.

Place protective stop-loss 5 pips below the previous swing low price or use any other method you prefer. Initiate sell order at the open of the next bar. Place protective stop-loss 5 pips above the previous swing high price or use any other method of your preference.

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Any Download Download the Forex Strategy With CCI And Bollinger Bands for Metatrader 4. Trading Rules Buy Rules: Bollinger Bands going up established bullish trend CCI back above from below oversold market conditions Initiate buy order at the open of the next bar.

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