Who’s online There are currently 12 users online. Submitted by Edward Revy on April 27, 2008 – 100 forex brokers fxdd mt4:10. BBands_Stop indicator can be your helping hand in confirming a trend, identifying trend change and setting stops. Its appearance is pretty much self explanatory.

What should be added is that BBands_Stop if used alone won’t be able to save traders from losing in the Forex market. While it performs outstandingly well during good trends, it faces a fiasco during sideways channeling market. The settings for BBands_Stop indicator could be changed to fit any particular favourite currency pair and a time frame. If your previous Forex system lacked additional trend confirmation or a logical level to place your stop at, see how BBands_Stop indicator may improve your Forex trading.

Submitted by User on April 28, 2008 – 12:12. What next, pls can you guide me, as me pretty new in FX. Submitted by Edward Revy on April 28, 2008 – 13:13. Submitted by User on April 30, 2008 – 03:08. Submitted by Edward Revy on April 30, 2008 – 06:08.

I thought it doesn’t need further interpretation. Here is a screen shot with comments on it. Please let me know if there is anything else to clarify. What I also want to add is, that traders should not look at Bbands Stop indicator as as their only adviser to entries and exits. You’ll soon find out that relying solely on indicator signals would not deliver desired profit results unless a strong trend is in place. This doesn’t mean, however, that indicator is useless. It works perfectly well for the purposed described above: stop trailing, trend confirmation and additional re-entry opportunities, while profit targets and initial early entries should be defined by other trading tools.

Submitted by WALAT on April 30, 2008 – 14:56. Submitted by User on May 3, 2008 – 05:17. Your technique helped me to make better mine. Submitted by Edward Revy on May 3, 2008 – 07:13. That’s exactly what I aim for!