This tool is a modified bollinger bands indicator. It shows only the support and resistance bands. There is not sma. Additionally, it shows the support/resistance in different colors. You can change this to your specifications....
Download here, it is the third tool down:
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ENJOY! Happy Trading
Thanks - Suggestion - please post a screen shot with your comments. Makes it a bit easier to understand.
Also,sorry about your borken fingers and wrist - I won't ask how - hopefully not from a collection agent!
I have found this method being very good. I am trading Fibonacci and I am seeing good profits.
I place an order at 78.6 level and use 61.8 level Stop Loss and Take Profit at 100 level. I trade the following pairs
They are very reliable when I use this strategy. Try this strategy on the Demo Account and you will see some profits. It is 90% Win and 10% Lost.
I am trading this strategy on a daily basis and on each pair you can make at least 20 - 40 pips.
Please when it reach 100 level Take Profit and exit from the trade.
I hope you will find this strategy being useful.
Please tell me if you have a problem, I can try to help
Can you post a chart to show a trade?
This is not a system...simply a modified version of bollinger bands for convenience in anyone's own BBAND strategy as I have found many people do not use the middle line (the SMA) and it distracts some...
kombelele are you trading with this strategy only buys (long) or also sells (short)