My strategy for this indicator is as follow:
Use 2 sets of indicators with different shift percentages. ( I use the period of 100 and shift percentages of 2 and 5 on daily charts for commodities and indices)
✔Buy in an uptrend!
When the price crosses above the higher band of the indicator with a smaller shift percentage.
Close buy: When the price goes back inside the indicator with a higher shift percentage.
✔Sell in a downtrend!
When the price crosses below the lower band of the indicator with a smaller shift percentage.
Close sell: When the price goes back inside the indicator with a higher shift percentage.
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