# Bollinger bands h4. 8# Bollinger Bands Multitimeframe Trading System. Submit by joy Time Frame H1 and H4. Pairs:all. Indicators: Bollinger Bands (2, 20);. Bollinger Bands (3, 20). Stochastics. (14,3,3.); Setup. I trade this method using both a 1H and 4H chart. When the price on the 1H chart breaks Bollinger Bands (3) I see that price has.

## Bollinger bands h4. Current strategy was submitted by Joe Chalhoub. Thanks Joe, and happy trading to everyone! H4 Bollinger Band Strategy. Tools: Bollinger Bands(20) TimeFrame: H4 Currency: ALL. This strategy is extremely simple and I use it to detect opportunities and it is very good. If you open an H4 EUR/JPY chart.

This is a Bollinger band strategy that uses trend-lines to identify breakouts of the upper and the lower band. I read about it on http: The description was quite confusing, I had trouble figuring out how and where to draw the trend-lines and what exactly I should look for. After a lot of trial and error I finally got it! The comments at the end of the strategy were helpful in deciphering the strategy but it still leaves a lot to be desired.

The H4 Bollinger Band Break Out strategy is a short term strategy focusing on a single indicator but utilizing two time frames. It uses the Bollinger Band indicator set to 20 with the center signal line included and targets entry on a break out. It takes trends into consideration and even uses the Bollinger Bands for that. First you need to draw a line connecting two points on either the upper or the lower Bollinger band on the H4.

If price is going up; draw a line under the lower Bollinger band connecting two points. If price is going down; draw a line over the upper Bollinger band connecting two points. This sets the trend. Next thing you should look for is a breakout.

This happens when a H4 candle breaks above or below your trend-line. As soon as a candle has broken the trend-line, go to the H2 timeframe. On the H1 you should still be able to see the trend-line that you drew on the H4, the center line of the H1 Bollinger band should be breaking the trend-line drawn on the H4 bands.

Breaking the trend-line via the lower band means you would take a Put and vice versa for Calls. To start, use the H4 timeframe and draw a trend-line connecting the lower tops or higher bottoms that the upper Bollinger band creates. If prices are moving lower and the Bollinger bands create lower highs, you will be looking to trade calls on a break of resistance, the trend-line drawn between the two lower peaks. If the asset is moving higher you draw your line between the troughs and will be trading puts on a break below this support.

Bollinger Band 20 with the center-band visible. H4 and H2 Currency: The first issue with this strategy is, as the author himself points out, the false breakouts.

It can be very difficult knowing which breakout is a fake. The center B-band can break your trend-line in the desired direction resulting in you entering a trade only for it to break back to where it was moments later. This is a pure counter trend strategy, trading reversals. I also believe this strategy needs something else in addition to the BB-breakouts and trend-lines, price action for example.

Furthermore, drawing the trend-lines can be difficult, even a slightly misplaced line can change the entire outcome of your trade — you will get in too late or too early. Bollinger bands and the EMA center B-band used correctly are great indicators.

You can verify a trend or a tunnel quite easily with the help of the Bollinger band. This strategy will definitely point out a few breakouts here and there which can actually turn out well, especially when used in combination with other strategies and indicators.

I think you can avoid some of the false breakouts if you only take the ones that happen IN the direction of the trend and ignore the others. This could be difficult and may mean that the signals will not trigger very often. Adding price action, support and resistance lines, will for sure increase the accuracy of your entries. Furthermore, a shorter timeframe may be the ticket when using this strategy. Going through so much trouble when you can simply use trend-lines to trade with the trend, instead of against it, is unnecessary.

Binary Options That Suck. Please be noted that all information provided by Binary Options that Suck are based on our experience and do not mean to offend or accuse any broker with illegal matters.

The words Suck, Scam, etc are based on the fact that these articles are written in a satirical and exaggerated form and therefore sometimes disconnected from reality. All information should be revised closely by readers and to be judged privately by each person.

More...

14 15 16 17 18