Bollinger Band Scalping Strategy

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Bollinger Band Scalping Strategy

Bollinger Band Scalping Strategy  Hello friend of traders, on this occasion forextradingwin.com want to share with you about the Bollinger Bands Scalping Strategy.

Scalping Bollinger Bands can be fairly profitable if done correctly. My approach towards trading BB is quite basic to apply as well as can be easily comprehended: go long when the bands slope up, go short when the bands slope down as well as avoid of the market when the bands are fixed.

You could utilize the BB foreign exchange scalper approach on higher duration’s too.

Chart Setup

Preferred Money Pairs: EUR/USD, GBP/USD and also GBP/JPY

Preferred Trading Procedure: EURO as well as US

Duration: 5 Minutes

Download web link:

Visit this site to download the Bollinger Band Forex Scalping Strategy

Utilized Forex Indicators:

For best trading results, download our unique very Bolinger Bands bands trading sign

Visit this site to download and install the Super Bollinger Bands Metatrader 4 indication.

Sign settings: Make use of the default (20,2.0).

Trading Example

Bollinger Band Scalping Strategy

Bollinger Band Scalping Strategy

Bollinger Band Scalping Trading Rules

  • Rules For Long Trades

  1. Bollinger Bands should slope up.
  2.  Go long when the cost touches the middle BB band from above.
  3. Establish stop loss at the lower band or max 15 pips (whatever precedes).
  4. Take earnings at the top band.
  • Rules For Short Trader

  1. Bollinger Bands must slope down.
  2. Go short when the cost touches the center BB band from here.
  3. Establish stop loss at the upper band or max 15 pips (whatever comes first).
  4. Take earnings at the reduced band.

EUR/USD Trades Described (see image over).

Bollinger Band Scalping Strategy

Bollinger Band Scalping Strategy

Trade 1: Bands slope up >> long at 1.3981 (middle band).

Stop loss at the reduced band or max 15 pips.

Closed at the top band @ 1.3999 for 18 pips revenue.

Trade 2: Bands incline down >> brief at 1.3986 (middle band).

Quit loss at the lower band or max 15 pips.

Closed at the lower band @ 1.3971 for 15 pips earnings.

Trade 3: Bands slope down >> short at 1.3982 (mid band).

Stop loss at the lower band or max 15 pips.

Closed at the lower band @ 1.3964 for 18 pips profit.

Trade 4: Bands slope down >> short at 1.3975 (mid band).

Stop loss at the reduced band or max 15 pips.

Closed at the reduced band @ 1.3958 for 17 pips profit.

Trade 5: Bands incline down >> short at 1.3965 (mid band).

Quit loss at the lower band or max 15 pips.

Closed at the lower band @ 1.3950 for 15 pips profit.

Trade 6: Bands slope down >> short at 1.3941 (mid band).

Quit loss at the lower band or max 15 pips.

Quit out the at top band @ 1.3950 for 9 pips loss.

Complete Trading Results:.

+74 pips in 6 hrs of heading the EUR/USD 5 min graph.

That’s about the Bollinger Bands Scalping Strategy, if this article useful for you please share with your other friends.

Thanks 🙂

Tags: #Bollinger Band #Scalping Strategy

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