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A Unique Strategy

A unique strategy for trading on a range-bound market

  • Timeframe: all

  • Currency pairs: cross pairs

  • Market state:: range-bound



    • Traders can use the range-trading strategy when the market has no clear trend. Range-bound or a sideways trend can happen with any currency, but it is particularly widespread in popular cross pairs, such as AUDNZD, GBPCAD, and EURGBP. After finding a range-bound market where prices fluctuate between two extremes, traders should identify the support (green line) and the resistance (red line) and measure the difference between the two.

    Required indicators:
    • There are no specific indicators. However, you can use Bollinger Bands to find a range-bound market and apply Stochastic (21, 1, 3) as an auxiliary indicator to find entry and exit points.

    Conversely, when Lead 1 crosses below Lead 2, it indicates a bearish crossover. That means the trend is probably heading downwards.


  • Price is trading near the resistance line.
  • The stochastic is above 70.

Take Profit

Take your profit with a risk-reward ratio of 1:1.5.

Trading image 1


Entry conditions for a long position (Buy):

  • Price is trading near the support line.
  • The stochastic is below 30.

Stop Loss

Place Stop Loss above the previous swing high


Take Profit

Take your profit when Risk-reward ratio reaches 1:1.5.

Trading image 1

Follow our instructions, and you will easily predict the cross pairs price movements even during the sideways trend. Trade carefully!


Trade Now
Download indicators settings to your desktop platform

If you're looking for a quick method to apply the indicators from this strategy, click on the button below. Read detailed instructions click here.

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Settings for MT5