TakePropips Bollinger Bands Triple Strategy

TakePropips Bollinger Bands Triple Strategy Scanner is a simple, powerful, and effective solution for trading breakouts, reversals, and trend following!  We only use tested strategy that works in the current market and you can expect a high accuracy of 75% - 80% win rate!

This multi-function indicator includes a   Statistical Dashboard Panel and a Trend-Detection Scanner. It is designed to provide you trading signals and save you hours analyzing the charts!

Main Features:

• Automated Entry and Exit Signals - detects buy & sell opportunities and provides you with up to 3 take profits and a stop loss.
• Trend Scanner - a multi-symbol and multi-timeframe scanner shows the direction of the trend, success rate, and an overall rating. The scanner works with all symbols & timeframes.
  
• Statistical Dashboard Panel - shows the  entry price, take profit, stop loss, success rate, and total profit/loss of each currency pair so you know exactly the result .
  
• Alerts, Email, and Push notifications - receive notifications when a new buy or sell signals are identified so you never miss another trading opportunity.
  
• Customizable, non-repainting, no backpaints - easily customize the color and the layout of the scanner. The indicator never repaints or backpaints. 
• Can be used for scalping, intra day trading, and swing trading
• iCustom integration is available for Expert Advisors to automate the trading signals

TakePropips Bollinger Band Triple Strategy Pro Summary:

Breakout Band Squeeze Strategy - In this strategy, we wait for the price to breakout of the band squeeze (consolidation), and then look to trade in the direction of the breakout. In order to filter out false breakout signal, we need to check the volume so we can use a volume indicator called the Money Flow Index Indicator to check for accumulation during an upside breakout, and distribution during a downside breakout.

Reversal Band Squeeze Strategy - In this strategy, we wait for the price to enter a band squeeze (consolidation) and for the price to touch either the upper or lower band, and then look to trade in the opposite direction, expecting a reversal back to its moving average. During a consolidation period, the upper band can act as a resistance and the lower band can act as a support.

Trend Following Band Strategy - In this strategy, we will take a position in the direction of the trend when the price hits the upper or lower bands.

Note: The scanner will identify a band squeeze when the upper and lower bands falls within the upper & lower ATR Channel (default is 1.5x ATR).

How to setup a trade?

Easy 1-2-3 setup!

1. Trade Analysis

Enter your trade when the indicator alerts you of a new buy or sell signal. For higher chance of success, only enter trades when success rate is 70% or greater.

2. Take Profit

The take profit price is automatically calculated and you will be provided with up to 3 take profit levels (TP1, TP2, and TP3).

• Option 1 - Take profit on TP1
• Option 2 - Partial Take Profit on TP1 and close remaining positions on TP2 and/or TP3
• Option 3 - Take Profit on opposite signal and ride the trend

3. Stop Loss

The stop loss price is automatically calculated and will be provided to you.

• Option 1 - Set your stop loss at the specified price provided by the indicator
• Option 2 - No stop loss. Exit your buy position on a new sell signal or exit your sell position on a new buy signal.

Multi-Timeframe Analysis

To get the best results and generate higher probability of success, you can trade when the higher timeframe and the lower timeframe are in the same trend direction.

Recommended Multi-Timeframe Pairs:

• M5 -> M15
• M15 -> H1
• H1 -> H4
• H4 -> D1
• D1 -> W1

The indicator works on all timeframes, forex pairs, crypto, indices and commodities. 

What's included in my purchase?

• TakePropips Bollinger Bands Triple Strategy Indicator
• Lifetime support & free updates
• PDF Instruction Manual
• Installation instructions

NOTE: Once you’ve made your payment, you will be directed to a download link to receive instructions on how to activate your copy of the TakePropips Bollinger Bands Triple Strategy indicator.

How to install this software?

1. Complete your purchase - Click "Add to Cart" and proceed to checkout.
2. Download your software - you will receive an instant download link automatically after you made your purchase. It will be available for download immediately on the order confirmation page and it will also be sent to your email.
3. Unzip the file - video tutorial link will be included for installation process.

What payment options are accepted?

We accept PayPal, Visa, Mastercard, and Bitcoin.

Video Demonstration

Here is a quick demonstration to showcase the indicator in action:

If you have any questions or suggestions, feel free to contact us at info@takepropips.com

Please note that TakePropips software applications are only sold on this website at takepropips.com and on MQL5 (https://www.mql5.com/en/users/takepropips/seller). Beware of scammers offering our products on other websites.