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Double Bollinger Bands Forex Strategy

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I came across Kathy Lien talk about Double Bollinger Band strategy quite a lot.
More information concerning the usage of the strategy is best explained by Kathy Lien in her YouTube webinars.
Basically there are two Bollinger Bands:
1. 20 Period, 1 Standard Deviation
2. 20 Period, 2 Standard Deviation
Recommended Time Frame is Daily or 4 Hours.
Basically we want the currency pair to roll over close below the 1 Standard Deviation (Green Band). This tells us the up-trend has broken, the momentum has been lost and the currency pair is now reversing. We then Short it at the next candle.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.