Friday, 6 January 2012

Examples of bollinger band breakout strategy

Today I'm going to show you some results of bollinger band breakout strategy with 4 different currency pair. As usual I missed all the opportunity as I was studying another strategy about which I'll start posting soon. Now come right with the examples.... These will help you understand the strategy more......

Strategy collected from: mt5 forum
Currency pair: Any
Time frame: 1h
Indicator: Bollinger band only

 

USD/CHF pair:

USD/CHF, 1h chart

Look, candle broke the upper BB intersection line. Long entry on next candle could have given 15 pips at the time capturing the screenshot.

NZD/USD pair:

NZD/USD, 1h chart


Have you found the signaling candle?? It's a tough call.... signalling candle seems to be touching the lower BB intersection line and it's a bullish candle... So a scope for long entry....


USD/CAD pair:

USD/CAD, 1h chart

With a huge price movement, a good long entry signal generated.... Keep pip hunting....

EUR/USD pair:

EUR/USD, 1h chart
Bearish candle produced short entry signal by crossing bellow the lower intersection line.... now see the same currency pair.... but signal generated by a simple strategy by FSR.


See also:

Pips with bollinger band

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