Bollinger Bands trending-reversal trading

[Thailor]

The principle on which this strategy is based is to wait for an important expansion of the Bollinger Bands which prelude to price reversal (correction or start of a new trend). The reason why the extreme signal was excluded in this version (although it is very profitable) is that it can provide false signals so you have to be expert in this strategy.

Time Frame 5 min or higher best time frame H1 and H4.

 

[sickist]

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