Hi traders!
As we said in the last article it’s kinda complicated problem to measure volatility. However, it’s one of the most important features of market. Any strategy directly depends on the volatility level of coin. Moreover, it provides signals of entry and exit. BB Width is one of the most accurate tool to measure volatility.
The Bollinger Band Width is...
< Band width must be minimum 70% (measured top to bottom) for trade to occur
< Set SELL price at upper band (adjusted daily)
< Once triggered place BUY order at the 0.382 fib retracement (taken from breach of upper band to basis)