Free Forex Trading Strategies-MA_BB Bands_V4.2
How to install this Indicator
Open Meta trader 4>Go to the data folder>Open MQL4>Open indicator folder>insert ex4.file to the forex Indicator folder>Re start MT4 & load any currency chart. Insert BB_Band forex indicator to the chart.
How to enter the Buy trade
Price should begin below the lower band. At that time Red arrow should appear below the candle. Close the trade when price touch middle band. Otherwise, you can choose an exit plan your own. Place stop loss for lower low level.
How to enter the Sell trade
Price should begin above the upper band. At that time Yellow arrow should appear above the candle. Close the trade when the price touches the middle band. Otherwise, you can choose an exit plan on your own. Place stop loss for a higher high level.