Profitable Mastering Bollinger Bands Trading Strategies|Exponential Moving Average Strategy

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Profitable Mastering Bollinger Bands Trading Strategies|Exponential Moving Average Strategy
Instruments: All
Timeframe: M15 and above
The indicators to be used:
Moving average (Period 100, Exponential, High);
Moving average (Period 100, Exponential, Low);
Bollinger Bands (Period 10, Deviation 2.3).
Requirements for making a buy transaction (Fig. 1):
Uptrend.
The price is above the red line (Moving average (Period 100, Exponential, Low)).
Wait for the moment when the price either reaches or breaks down the bottom line of the Bollinger bands.
Buy when the price goes back above the bottom line of the Bollinger bands, or at the opening of the next candlestick.
Downtrend.
The price is below the blue line (Moving average (Period 100, Exponential, High)).
Wait for the moment when the price either reaches or breaks down the upper line of the Bollinger bands.
Sell when the price goes back below the upper line of the Bollinger bands, or at opening of the next candlestick.
Conditions required for closing transactions:
Close the order if the price either reaches or breaks down the bottom line of the Bollinger bands.
Stop Loss is at the level of the nearest high.
Take profit is in the ratio of 2:1 to Stop Loss.
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