Divergences trading and Bollinger Bands
Opened this issue · 0 comments
kenorb commented
- Bollinger Bands indicator, combined with additional divergences filters
There are 5 additional filters in addition to the core strategy:
- Price Within Zone – visual representation of the buy/sell entry zone in color.
- Risk: Reward – set your desired risk: reward ratio and never worry about it anymore. The software will automatically calculate it for you.
- Higher time frame divergence – depending on your higher time frame selection, the software will scan for divergences in the direction you want to trade. This filter is extremely powerful!
- No Opposite Divergence –identifying opposite divergences is just as important. The software will take care of it for you automatically.
- Current Time Frame Divergence – to ensure maximal safety the Forex Triple B will check for divergences on the current time frame as well.