Bollinger Bands and Fractal trading strategy is simple MT4 trading system that uses two classical indicators.

For Bollinger Bands and Fractal trading strategy you will need two classical indicators. Bollinger Bands period 14deviations 2 and Fractal indicators.

You can easily Find these indicators in MetaTrader 4 platform, but we have included them in the download section just in case. Most recommended pair to use this strategy is GBPUSD 1H, but it can also be used on other main Forex pairs.

Once you have prepared your MT4 for trading Bollinger Bands and Fractal trading strategy then you have to wait trading signals to open pending orders, it will be buy stop order or sell stop order. Bollinger Bands and Fractal trading strategy signal example click to zoom in.

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The signal will be clearly visible. When Fractal will appear above Bollinger Bands upper band place a buy stop pending order on candle high where the fractal formed.

When Fractal will appear below Bollinger Bands lower band place a sell stop pending order on candle low where the fractal formed. Bollinger Bands and Fractal trading strategy order example click to zoom in. Stop loss level should be download bollinger bands instantly forex heatmap mq4 placing an order. Recommended binary options hedging strategy loss level is the middle of the candle fx ebook on binary option brokers the fractel formed.

For example if stop loss is 30 pips then take profit will be the same, 30pips. Recommended trailing stop is 5 pips. You can set trailing stops easily for each order in MetaTader 4 like in the example. Bollinger Bands and Fractal trading strategy stop loss example click to zoom in.

Restart your Metatrader platform; 5. Adjust settings or press OK to add the two indicators to your selected chart. AtoZForex carry copyrights over this trading tool.

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Free download of the 'Bollinger Bands, BB' indicator by 'MetaQuotes' for MetaTrader 4 in the MQL5 Code Base

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Bollinger Bands and Fractal trading strategy preview click to zoom in. Automatic MT4 supply and demand indicator. Best Buy stop Sell stop EAs. India Bitcoin regulation news: Bitcoin will be legal in India We have some groundbreaking news about India Bitcoin regulation.

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