TakePropips Bollinger Bands Triple Strategy
TakePropips Bollinger Bands Triple Strategy is a simple, powerful, and effective solution for trading breakouts, reversals, and trend following! This multi-function indicator includes a trend scanner, trading signals, statistical panel, screener, trading sessions, and alerts history. It is designed to provide you trading signals and save you hours analyzing the charts! TakePropips Bollinger Band Triple Strategy Pro Summary: Breakout Band Squeeze Strategy - In this strategy, we wait for the price to breakout of the band squeeze (consolidation), and then look to trade in the direction of the breakout. In order to filter out false breakout signal, we need to check the volume so we can use a volume indicator called the Money Flow Index Indicator to check for accumulation during an upside breakout, and distribution during a downside breakout. Reversal Band Squeeze Strategy - In this strategy, we wait for the price to enter a band squeeze (consolidation) and for the price to touch eit