Lions! Check This Out. Double Bollinger Band Breakout System.
From Greg M
Lions…
Take a look at this trading strategy. The creator sent this to me and said that I could share this with you.
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Not having enough knowledge about the economic charts, I first thought the Double Bollinger Band was the new name for your rock group...lol I was ready for rocking and rolling!
My gosh that's complicated. All you need is a vwap, a 60 minute sma and a 60 minute linear regression curve. Prices yank on everything. Regression moves faster than sma. So if the 60 minute trend aka linear regression curve can maintain enough distance above the 60 minute sma and both are above a rising vwap, buy the 3 bar reversal aka midpivot under the vwap at an early crossover, if you miss that buy higher under the 60 sma but over the vwap. You need a 3 bar reversal. Set this up, and look at 1012 am, 1117 am and 1153 am. Those are where the swings occurred in the proper place, space and time. 1242 pm was your last chance, but that was a 3 bar reversal under the curve and over the sma. I suggest you ask AI about the relationship that exists between linear regression and simple moving averages. You will greatly benefit from this.