MACD — Bollinger Band Forex Trading Systems and Indicators The Sea Trading System. Today, I want to share with you a unique trading system which I call, the Sea Trading System.
This system can be traded on every timeframe available and can bring you good gains if the rules are followed correctly.
Prior to the entry, when the RSI crossed above the 50 level, we got the first sign to start looking for long trade. The MACD also crossed above the 0 level.
A few candles later the 3 EMA crossed above the Middle Bollinger Band. After the close of the current set up candle, a long position was opened at Then, a Stop Loss of 80 pips under the entry was set, just below the last swing low point at Next, a Take Profit Target of pips was set at First, the RSI crossed below the 50 level and almost simultaneously, the 3 EMA crossed below the Middle Bollinger Band.
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The last signal was given by the MACD when it fell under the 0 level. Immediately after the close of the setup candle, a short trade was placed at 1.
Bollinger Band Breakout Trading System - Wisdom Trading
Next, a Stop Loss of 15 pips above the entry was set, at 1. And then, a Take Profit of 40 pips was set at 1.
As you can see, the Take Profit was hit 4 xlt stock trading course download later.
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