Bollinger band breakout system von master trader nick radge

The Bollinger band will measure volatility in the market and when price action tests and there is a breakout of the upper band or lower band, we know that higher volatility has come into the market and this volatility breakout can be trading gold.

I would sell every time the price hit the top bands and buy when it hit the lower band. Now that I have built up tremendous anticipation, let's see if there is a way to identify an edge. Now, looking at this chart, I feel a sense of boredom coming over me.

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Last week I was working with one member on back testing a momentum system from: The book Unholy Grails by Nick Radge. This particular system buys a breakout of the upper bollinger band, set at days and 3 standard deviation width (on the open the next day).

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