Bollinger Bands Strategies - Scalping Forex Bollinger Band Strategy







This strategy is based on 3 bands and works on a higher timeframe such as 15 minute or higher. This is suited to any currency pairs.

Forex Indicators:

  • Bollinger bands (20; 2);
  • Bands 1 color Blue;
  • Bands 2 color Red;
  • Trend Signal v.2 (Risk 3.SSP,1);
  • Pivot Points Level.

Buy Entry:

  • Enter trade when the price bounce o breaks the lower bands. But wait the first buy arrow.
  • Enter on the next bar.

Sell Entry:

  • Enter trade when the price bounce o breaks the lower bands. But wait the first buy arrow.
  • Enter on the open next bar.

Exit Position

  • Exit with quick profit target or at the middle band.
  • Initial stop loss 2 pips above upper blue band for sell and 2 pips below lower blue band for buy.
  • Note Do not exit at the opposite arrow.
From 21:30 to the 7:00 GMT Berlin, recommended exit is middle band,
From 7:00 to the 21:00 GMT Berlin, recommended exit is fast profit target.

How to install Scalping Forex Bollinger Band Strategy?


  • Download Scalping Forex Bollinger Band Strategy.zip
  • Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover on “Template”
  • Move right to select Scalping Forex Bollinger Band Strategy
  • You will see Scalping Forex Bollinger Band Strategy is available on your Chart

Click here below to download:

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