
Bill Williams is the creator of the most popular market indicators: Awesome Oscillator, Fractals, Alligator, and Gator.
2023-04-17 • Updated
Counter-trend strategies are always the most dangerous but also the most profitable. We are pleased to present an excellent counter-trend strategy for working in any market and with any assets.
Instruments: any
Indicators: Bollinger Bands and RSI with the default settings
Timeframe: >30M
Risk management rules: Fixed trade volume with 0.1 lot.
It is recommended to use the Stop Loss at the level of the nearest local minimum before receiving the signal.
It is recommended to use a Stop Loss at the level of the nearest local maximum before receiving the signal.
When looking for signals, paying attention to how the price leaves the level of the upper or lower Bollinger Band is essential. Ideally, if the price goes the band completely before the signal appears, such a movement is strongly impulsive, i.e., there is a kind of compression of a spring, which uncompresses later, taking the price in the opposite direction.
Trade with FBS using Bollinger Bands and RSI and become a true professional!
Bill Williams is the creator of the most popular market indicators: Awesome Oscillator, Fractals, Alligator, and Gator.
This article will focus on two of the most reliable reversal candlestick patterns traders use: the Morning Star and the Evening Star.
Trend strategies are good - they may give significantly good results in any time frame and with any assets. The main idea of the ADX Trend-Based strategy is to try to catch the beginning of the trend.
The procedure is very straightforward. Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.
Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading.
If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.