Chester B 的布林线系统 II (Chester B's Bollinger Band System II)

This is a 15 minute bollinger band system designed to catch price
as it reverses direction.

1. Trade any pair on 15M.

2. Watch for trends (price "walking the bands" between middle
line and outer ) , and you should see price pierce the
outer band multiple times.

for a SELL:

3. Look for an uptrend, then wait for a high to pierce the bands, followed by a 15 minute candle that is completely within the bands.
4. Wait exactly 30 min - 2 more bars will form!
5. If the 3 bars each show lower lows AND lower highs
than the previous candle, go short.

for a BUY:
3. Look for a downtrend, then wait for a low to pierce the bands, followed by a 15 minute
candle that is completey within the bands.
4. Wait exactly 30 min - 2 more bars will form!
5. If the 3 bars each show higher lows AND higher highs
than the previous candle, go long.

6. Always trade in the direction of the DAILY chart trend.

7. SL/TP depends on pair. For most pairs and conditions, use 10-15 pip stoploss and take profit 10-20 pips. Do not be afraid to exit the trade early if things are looking bad. Do not be afraid to stay in the trade longer
if things are looking good.

8. As always, use discretion, common sense and take this in the context of all other information available to you. Good luck!