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3 Minute BB Strategy from monsieurwaffles fully mechanical

no bias no confluences
Indicators used for the strategy:
- v1.2 on the 5min timeframe everything else default settings
- LTF indicator set on 1min timeframe and smoothings 5-1 to
replicate 30 seconds charts for those who dont have the
seconds charts, if you have the seconds charts apply default
settings.

STRATEGY EXPLANATION:
1. We stay on the 3 minute timeframe chart everytime and
we trade only during the 3 sessions the indicator prints for us
(default ones).
2. Wait for a liquidity sweep outside the BB (bollinger bands),
i personally take only the trades where price only wicks the
liquidity level and closes above/below the liquidity line see
example below.

3. Place Limit Order/Market order (both of them has theire


pros and cons) on the CISD (Change in state of delivery) and
target 30 seconds liqudity lines (you can target 5min liqudity
levels aswell but price don’t often reaches those), TP should
be at least 3R.

4. Move SL to break even after prices reaches 50% of TP.


5. If you take more than 2 Losses in the session STOP
TRADING :)
Examples:
3 Minute BB Strategy from monsieurwaffles fully mechanical
with some confluences
(RSI PRIMED)
Same indicators as before + RSI Primed
Indicators used for the strategy:
- v1.2 on the 5min timeframe everything else default settings
- LTF indicator set on 1min timeframe and smoothings 5-1 to
replicate 30 seconds charts for those who dont have the
seconds charts, if you have the seconds charts apply default
settings.
- RSI PRIMED default settings with Heikin Ashi Candles
Same rules as before this time we add the RSI Primed
indicator:
STRATEGY EXPLANATION:
1. We stay on the 3 minute timeframe chart everytime and
we trade only during the 3 sessions the indicator prints for us
(default ones).
2. Wait for a liquidity sweep outside the BB (bollinger bands),
i personally take only the trades where price only wicks the
liquidity level and closes above/below the liquidity line .
3. Place Limit Order/Market order (both of them has theire
pros and cons) on the CISD (Change in state of delivery) and
target 30 seconds liqudity lines (you can target 5min liqudity
levels aswell but price don’t often reaches those), TP should
be at least 3R.
4. Move SL to break even after prices reaches 50% of TP.
5. If you take more than 2 Losses in the session STOP
TRADING
6. We take Longs only if we get liquidity grab outside BB and
RSI Primed is below the 30 line opposite for SHORTS we take
shorts only if we get a liquidity grab outside the BB and the
RSI Primed is above the 70 line.
See examples below:

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