Pretty not bad

11 Nov 2020

Using BBK Squeeze to predict upcoming price breakouts has worked quite well from a probability standpoint on BTCUSD over the last year on the Daily chart. I like it because once I can see it is SIMPLE. However, I am constantly trying to make SIMPLE... BETTER! LOL

Still research and developing ways to better filter the signals for even higher probability. The other issue I have with breakout trades is that very often you have to settle for a 1:1 reward/risk in MOST trades. On a low probability of times do you get a much larger run from a breakout but most will only run to the next support/resistance level. Crunching the data and doing more testing is the only way to optimize.