Simple Bollinger Bands Trading System

Bollinger Bands is one of the most popular trading indicators. Many traders use it when they want to create simple, but yet very effective trading systems. In this article, we are going to show you an example of such a simple, but effective system. It is simple because it doesn’t have too many rules. This is because it relies only on Bollinger Bands indicator for the entry and exit signals. At the same time it is effective because the effort of following it manually or implementing it into an automated trading strategy is very low compared to the potential gains. As a result, you have a robust system with stable and predictable results. You can use it as a starting point for further optimizations and system variations.

Trading system setup

Trading system identifier: 10.26.123.0

Chart time frame: H1

Trading instruments: EURUSD

Indicators:

• Bollinger Bands

Simple Bollinger Bands Trading system rules

Simple Bollinger Bands Trading System performance