Hope life is good and you're all getting filthy rich (or at least not wrecking yourself too much on the markets). I'm here to help anyway
Years ago when I was a young trader, I learnt this technique from a great French trader going with the pseudo of RobbyTrade : you can give him a follow here if you understand french Robbytrade
Basically, he noticed that when a is being crossed by the Lagging span, it could gives a very interesting signal.
In the example above, we see that when the lagging span cross the lower , then the candles will accelerate their downward trend more. Pretty cool right ?
I insist however to say that those are not self-sufficient to trade with BUT are certainly very useful to be used WITH your own indicators. This will give you more confidence in your position as you know it might accelerate
"But sir, who the hell, could think of this in the first place ?" I know... certainly not me but now that I know this technique, I cannot NOT trade without it. This works with all assets class (FOREX/CRYPTO/INDEX/...)
I'll post the related indicator I developed to track those signals via alerts a bit later today.
Let's all make some sweet gains with
All the best my traders friends
if the entry is the bollinger band/Lagging span cross, I would say if the lagging span cross the bollinger band from outside the band to the inside, then itw will invalidate the entry and one will have to exit the position
So let's say it's 00:00 and I get a bearish signal. I'll get a signal at 00:00 because the lagging span which is the current price offseted 26 candles behind (but still based on the current candle) will cross the lower bollinger band from 26 candles ago
Let me know if not clear
Lagging span is not the candle 26 periods ago, it's the left 26 offset of the current candle.