This strategy I conversion rate based on Bollinger Bands ...
Work forex strategy for daily chart you liked currency pair put two indicators Forex. You can find them in any terminal MT4:
• Simple Moving Average with 20 (SMA 20)
• 2 sets of Bollinger Bands (Bollinger Bands) with parameter deviations 2 SD and 3 SD
Purchase Agreement
1. daily price chart to publish a 20-period moving average SMA. It is important to make sure that the price (closing) is above the simple moving average.
2. only bargains to be bought in the direction of the trend.
3. go to see the price of the table and set the 2 sets of Bollinger Bands indicator. 1 pair band Bollinzhdera has parametrotkloneniya 3SD and 2 pair of Bollinger bands has a parameter deviations 2SD.
4. market price will break and closes above the channel bottom Bollinger Bands indicator 3SD-2SD hour chart - log on to the market.
6. then set the profit goal (profit) for the first 50% of the transaction at a distance of 50% of the resulting risk (that is, if your risk, such as 40 points in the transaction, and then commit a profit of 20 pips above the entry price of the market).
7. as soon as the first profit target is reached, the stop-loss order on the rest of the (second 50% of the contract) are rearranged to break even (zero). Just as for the second part of the transaction, you can use hair-stop.
8th closing the second part (50% of the transaction) trade position is, as soon as the price closes below the upper channel Bollinger Bands indicator 3SD-2SD, if it does not close the stop-loss order to break even.
Sales contract:
1. daily price chart to put the 20-period moving average, SMA and make sure that the price (closing) under the Simple Moving Average.
2. only bargains for sale in the direction of the current trend.
3. Next you have to go to see the price table and put two sets of Bollinger Bands indicator. 1 pair of Bollinger Bands with parameter deviations 3SD and 2 pair of Bollinger bands with parameter deviations 2SD.
4. When the market price does break and closes the channel below the upper Bollinger Bands indicator 3SD-2SD hour chart - to enter the market for sale.
5. Stop-loss order is over swing plus 5-10 pips and then calculate the risk of the transaction (risk = market price of entry-level set stop-loss orders).
6. profit target (desired profit) for the first 50% of the transaction at a distance of 50% of the amount of exposure (ie, if for example, you run the risk of transaction 40 points to close the first 50% of transaction market 20 pips below the entry price).
7. as soon as the first profit target is reached, the stop-loss order of the remaining 50% of the open trade position moves to break even (zero).
8. closing the second part of the trading position is, as soon as the price closes above the lower channel Bollinger Bands indicator 3SD-2SD, if this does not happen with closing stop-loss order level set to break even.
Forex Strategy "Intraday setting 100%" tested by traders in a real market and proved to be extremely good main course, do not forget the position of market prices in relation to the 20 day SMA.
