This is a mechanical strategy
I await a close outside of the outer bands
Then I await a pullback to the MA
If then PA closes on the same side of the outer band I've got an entry.
Pending order placed at H/L. GTC 1 unit of current timeframe.
SL at latest swing high/low
Breakeven at 1 R.
Current statistical edge (will be updated as I test more instruments)
19% of orders doesn't get filled
24% results in breakeven
28% are winners
27% are losers
Bands style: true range