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Candlestick chart pattern strategy with Bollinger bands and stochastic oscillator indicator

How to make a profit in online trading with candlestick chart pattern , Bollinger band and
stochastic oscillator indicator. I will tell you how you can profit in forex market with two technical indicator .
Strategy :
first Bollinger band : default setting
second Bollinger band : default setting , only change a deviation (1.500)
Stochastic oscillator : default setting
Time frame : 5 minutes
Currency pair : EUR/USD , GBP/USD
Candlestick chart pattern strategy with Bollinger bands and stochastic oscillator indicator
Bollinger bands deviation

Buy

  • When candlestick close the lower Bollinger bands
  • Stochastic oscillator Indicator goes down to 20 percent
  • Next candlestick breakout lower Bollinger bands and stochastic oscillator goes to up 20% ,now you can buy .
Forex strategy
Buy position

Sell

  • When candlestick close the upper Bollinger bands
  • Stochastic oscillator goes up to 80% line
  • Next candlestick breakdown Bollinger bands and stochastic oscillator now you can sell .
Buy and sell ( stop loss 5 pips, and take profit 5 pips)

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