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Understanding Forex strategies with TICKMILL


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WEBINAR From TICKMILL


 

[VIDEO]
[/VIDEO]

 

This webinar will teach you a simple, yet effective Bollinger band based Forex strategy.

 

Watch our webinar for the Forex starters and find out the fundamentals of Bollinger bands in Forex trading that every trader should know.


 

Bollinger Bands are a great indicator with many advantages, but unfortunately many traders don't know how to use this amazing indicator. 

 

Bollinger Bands consist of three components:


A simple moving average

TWO standard deviations of this moving average (known as the Upper and Lower Bollinger Band).


 

So what are the characteristics of Bollinger Bands?

 

Depending on the settings, Bollinger Bands usually contain 99% of the closing prices. And in sideways markets, prices tend to wander from the Upper Bollinger Band to the Lower Bollinger Band. With this being the case, many traders use Bollinger Bands to trade a simple trend fading strategy: They SELL when prices move outside the Upper Bollinger Band and BUY when prices move outside the Lower Bollinger Band. 

 

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Receiving the first Bonus


Each new deposit over 200 USD is entitled for bonus.

In case of multiple deposits, bonus will be added to every deposit separately according to the amount deposited. For example: if a client first deposited 500 USD and later 1 200 USD more, then he will receive a bonus of 50 USD (500 USD * 10%) and 144 USD (1 200 USD * 12%) respectively.

After each deposit, contact client support via email to collect the bonus. Code word: Summer Bonus.

Trade at least 1 lot for each 5 USD of the Bonus prior to withdraw.

Trading volume is accounted for currency pairs and metals, CFDs are excluded.

Bonus can be only claimed on deposit, which is not covered by any other campaign, offer or bonus.

Maximum bonus amount is 1 500 USD.

Bonus will be added to the same MT4 trading account where the deposit was processed.


Receiving the second Bonus


All the participants of the Summer Bonus campaign have a chance to receive the second bonus at the end of the campaign.

Maximum bonus amount of the second bonus is equal to 10% of the total deposits amount in the campaign period. For example: You have made a deposit of 1300 USD on your account. Your bonus will be 156 USD (12% of 1300 USD). You have completed 152 lots in round turn trades on the same account by 31 of August. You will receive 130 USD as an additional bonus, since the maximum bonus limit is equal to 10% of 1300 USD.

Complete at least 50 lots of trading volume in the period of the campaign in order to receive the bonus.

Trading volume is calculated for the round turn trades performed in the period starting from the day of the client registration in the campaign until August 31st.

A ’round turn’ trade means that opening of 1 lot unit position and closure of this same position will be counted as 1 lot of trading volume.

Trading volume is accounted for currency pairs and metals, CFDs are excluded.

Trading volume is accounted only for the trades that remained open for at least 5 minutes.

Trading volume is calculated for each trading account separately and the bonus will be added to the same trading account on which the volume was completed.

The second bonus will be added to your account by September 15th.

The requests to review the bonus amount are accepted by September 22nd.

Trade at least 1 lot for each 5 USD of the Bonus prior to withdraw. Trading volume is accounted for currency pairs and metals, CFDs are excluded.


Other Terms


Tickmill reserves the right to disqualify any user if there is a suspicion of misuse or abuse.

Tickmill reserves the right to change the Terms of the campaign or cancel it at any time.

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