BSTrend is a forex trading system. BSTrend is a very simple forex trading system. The BSTrend is a swing trading forex trading system. The BSTrend forex trading system gives you lot of information about the market conditions. The BSTrend is a very useful forex trading system which helps you to know the sentiment of the market whether majority is bullish or bearish.
There are more than a dozen of indicators used in BSTrend forex trading system. When you install BSTrend in your forex trading platform, your chart should look like this:
Although there are many technical indicators being used in BSTrend forex trading system we will ignore some of them and focus on main indicators.
Arrows are the main technical indicator of this forex trading system. A green arrow pointing upward should appear below the market to see a buying signal. A yellow arrow should appear above the market to see a selling signal.
- Bbands Stop
Bbands Stop is a technical indicator. You should be buying when Bbands stop indicator is blue and you should be selling when Bbands stops is red.
BSTrend is a technical indicator which you can see in the indicator window. The blur bars indicate buying pressure in the market while the red bars indicate the selling pressure in the market.
Buying Conditions Using BSTrend.
- Market should be up trending.
- A green arrow should appear below the market.
- Bbandsstop indicator should be blue.
- The BSTrend indicator should form blue bars.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when a yellow arrow appears above the market.
Selling Conditions Using BSTrend.
- Market should be down trending.
- A red arrow should appear above the market.
- Bbandsstop indicator should be red.
- The BSTrend indicator should form red bars.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when a green arrow appears below the market.
Download Free Forex BST Trend Strategy
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