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Use Bollinger to determine proper placement #1

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kenorb opened this issue Aug 19, 2019 · 0 comments
Open

Use Bollinger to determine proper placement #1

kenorb opened this issue Aug 19, 2019 · 0 comments

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@kenorb
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kenorb commented Aug 19, 2019

Uriah, [15 Aug 2019 at 23:32:25]:
Use Bollinger to determine proper placement. Check if there is a candlestick outside the bubble. Then check the middle 20 MA above or below a 50 SMA. Then you place either a buy or sell on that spot where it intersect. Just put stop loss up to 10 pips and take profit 10 to 15 depending on the average true range. Or until it touches the outer Bollinger bands.

This works great on gold when it is capable of moving 50 pips back and forth in about 10 to 20 minutes

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