Flat Bollinger Band System

Forex Strategy Flat Bollinger Band System is designed to trade on the interval H1, the currency pair - any;

The schedule for the chosen currency pair, you must set the following indicators forex (all of them by default in any trading platform Metatrader 4):

1) Indicator Bollinger Band (Perion - deviation 24 - 2, HLCC / 4) - blue, indicating a trend for 24 hours schedule daily.

2) Indicator Bollinger Band (period - 120, deviation - 2, HLCC / 4) - color - red, shows the trend for the 120 hour schedule Weekly

3) Indicator Bollinger Band (period - 480, deviation - 2 HLCC / 4) - orange indicates a trend for 480 hours monthly schedule.

4) Simple Moving Average - SMA (4), applied to a close

5) Simple Moving Average - SMA (8), applied to a close

Here's how some will look your trading strategy, by all odds:

To enter the market, you need to check any of these 3 BB by "flat market", ie if at least one of them is narrowed and its lines are parallel, then you should consider this currency pair to signal search transactions. If parallel lines - go to another currency pair.

Then determine whether the current price is at the lower boundary of the Bollinger bands, or parallel to the upper border of the Bollinger bands. If the price of, for example, went to the upper range of explosives and jumped on them and confirmed the signal crossing SMA (4) and SMA (8) - has a contract to sell the opening of the next hour candles.

If the price went down to the bottom of the bands explosive and rejected them and the signal was confirmed by the intersection of the SMA (4) and SMA (8) - to reach an agreement for the purchase.

Stop loss placed above the maximum price for sales growth of BB. And below the minimum price growth from BB - to buy.

Closing the Deal on back 2 Simple Moving Average SMA or the opposite edge or center line stripes BB over time. Respectively for BB (24) - the purpose of the BB (120) BB (120) - is the opposite border or central line BB (480).

See the example below: