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Predict breakouts & trend reversals using macd/bb%
Started Oct 27, 2016|Trading Systems|116 replies
Can't seem to find this anywhere on the interweb so thought I'd create a post here to explain ...
Nice. I also use an identical strategy for renko & here you will find the holy Grail to my strategy - Divergence predicts the next trend reversal ! image
I like to use fib numbers 1, 2, 3, 5, 8, 13, 21, 34, and so forth. It make no difference to the strategy
Relative to the Bollinger band it's a LH - Last picture Outside = High / Inside = Low Outside - Inside = Reversal Divergence
No I don't restrict myself to 4H but I find higher time frames easier to break down when using BB%
I found the coding for this one, mt4 I modified it slightly incorporating my own variable settings. Tradingview charts have a default BB% indicator, I also created my own version of it which you can find under my profile - scripts url
cci is identical to BB% & rsi they're pretty much all the same, I trade Bollinger bands, BB% is a mirror image allowing me to switch out the Bollinger bands and have a clean chart. I'd say Bollinger bands are a proven method when used correctly. I ...
Can't seem to find this anywhere on the interweb so thought I'd create a post here to explain ...
40% money management / 40 % psychology / 10% price action / Strategy / 3 yrs of blood sweat & tears & you go & find yourself a webinar. Wish I thought of that
martingale but backwards / Double your winnings not your loses
Money management. I have yet to master it trading fx but I use this for trading binary Options. I very much doubt it's the strategy your using, But feel free to give this a try. Start of small say 5% Level 1/ $10 100% win = $20 $20 = $40 $40 = $80 / ...