Re: Banzai's MT5 Trading System

32
Bollinger Bands
(on/off button)

Another way to explain Bollinger Bands is when the candles are hugging the upper green bands,
that's a short-term uptrend.

When the candles are hugging the lower red bands,
that's a short-term downtrend.

The middle line of the Bollinger Bands is just SMA(20).
These users thanked the author Banzai for the post (total 3):
太虚一毫, Krunal Gajjar, Abdi

Re: Banzai's MT5 Trading System

33
MACD (4,10,5)

There're 6 ways to go LONG/BUY:

1) When MACD (4,10,5) or ZeroLag MACD (4,10,5) signal crosses up.
2) When MACD (4,10,5) or ZeroLag MACD (4,10,5) crosses up zero.
3) When the prices crosses up the diagonal trend lines. (Indicator = LuxAlgo - Trendlines With Breaks.ex5)
4) When a complete candle is above the SMA (20). Or when SMA (20) is green.
5) When Stoch (5,3,3) or ZeroLag Stoch (5,3,3) crosses up and SMA(20) is green.
6) When RSI (3) crosses up 30 and SMA(20) is green.
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LuxAlgo - Trendlines With Breaks.ex5