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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 dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.