Entropy Trade Setup

To trade with Bollinger you need 4 indicators in your trade setup – Bollinger Bands, Volume Histogram, Stoch, MFlow. All settings are default except Bollinger Band setup.

The settings that will be used for Bollinger Bands indicator is

Field – Close

Period – 20

Standard Deviations – 2

Moving Average Type – Exponential

Channel Fill – Yes

The settings that will be used for the Stochastic indicator is

Type – Smooth

Period – 14

The settings that will be used for the Money Flow indicator is

Period – 14

There are three lines in Bollinger bands. It’s called Upper, Median, and Bottom.