Bollinger Bands & MACD Trading System: M15 Setup
This strategy is a classic trend-following system that combines volatility (Bollinger Bands), momentum (MACD), and trend direction (Smoothed MA). It is designed for the M15 timeframe to capture short-term market bursts while filtering out false signals in ranging markets.
Strategy Profile
Timeframe
M15
Pairs
EURUSD, GBPUSD, JPY
Indicators
BB + MACD + SMMA
1. Indicator Configuration
To replicate this setup on MT4/MT5, apply these indicators:
- Bollinger Bands: Period 20, Deviation 2, Shift 0. (Green lines).
- Smoothed Moving Average (SMMA): Period 2, Shift 0. (Orange line).
- MACD: Fast EMA 11, Slow EMA 27, SMA 4.
2. Long Entry (Buy) Rules
A high-probability Buy signal occurs when:
- The Orange SMMA (2) crosses the middle band of the Bollinger Bands from below to above.
- Confirmation: The MACD histogram must be positioned below the zero line but showing upward momentum (contraction).
3. Short Entry (Sell) Rules
A high-probability Sell signal occurs when:
- The Orange SMMA (2) crosses the middle band of the Bollinger Bands from above to below.
- Confirmation: The MACD histogram must be positioned above the zero line but showing downward momentum.
🛡️ Risk Management
Strict rules for M15 Scalping:
Stop Loss (SL)
12-16 points (pips) from entry, depending on pair volatility.
Take Profit (TP)
10-15 points (pips) or at the next Pivot Point.
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