great ill give this a downlaod and give it a back testing run, i suggest adding a chaiken to this to improve the price action understanding. Without money oriented tickers you kinda get clapped by institutions
im gonna give you the heads up and let you know Bollinger bands arnt for locating reversals. you should use it to understand the current deviation of price action. use something more volume oriented to look for reversals
looks like its an DMI but symetrical, try looking into a chaiken occilator , shit is so cash money, it measures money flow best for understanding forex price movements
i actually love treading the expansion phase
if you understand the volitility you dont even need to set a s/l for the play and can usually scalp the deviations
stop looking at it as M or W patters that kinda retarded, think about institutions and how they move money, look up contraction expansion trending phase
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