среда, 12 августа 2020 г.
It’s built with Bollinger bands phases and act pretty much like a Supertrend, the BBands stop line can also be used to determine stop-loss when you jump in a trend given by its signals (drawn with big “bullets” on chart).
In Forex and Binary Options trading, the BBands Stop binary indicator provides you with buy and sells areas.
- Look to buy Call options above the green BBands dots (bullish trend).
- Look to buy Put options below the orange BBands dots (bearish trend).
Bollinger Bands Stop Indicator for MT4 is best used on Higher timeframes but works on shorter TFs as well.
In Forex trading, Bollinger Bands Stop Indicator will show you where you should place your SL when entering the trade.
Additional to that it will show you how to use it as a trailing stop.
If following Bollinger Bands Stop Indicator with your SL then you have a greater chance to not get whipsawed and to take the most amount of profits before the trend reverses.
