[forex stuff] Advanced Bollinger System

The intraday candle is formed when the next candle (body and shadow combined) that forms is shorter than the preceding candle. This is seen from the diagrams above.

BUY SETUP
Go LONG when the intraday candle touches or cuts the lower Bollinger band, and the Stochastics cross upwards at or below 25. Place a MARKET BUY order at the open of the next candle. The signal is reinforced if the market is at a support level.

SELL SETUP
Go SHORT when the intraday candle formation touches or cuts the upper Bollinger band, and the Stochastics oscillators cross downwards at or above 75. Place a MARKET SELL order at the open of the next candle. The signal is strengthened if the market is presently at a resistance level.