Smart Price Bands (aka the “Trendline” or “TL”) that we use in the Oil Trading Room at OilTradingRoom.com were developed as a self adjusting triggering system for trading in any market on any bar type in any time frame. Smart Price Bands are simple, they create an area that pricing will trade through. When price leaves the bands the market often becomes directional and it can therefore be an excellent breakout opportunity in many cases. Using bands is best used with other techniques to find premium trade opportunity so they are not recommended as a stand alone system. Smart Price Bands can also be used as a trend tool as the bands will change color according to the market direction. Take a look at the video below for more information and trading ideas.
Also look in the related products section below for other products that can combined with this great tool to create a comprehensive strategy. As always, as if you need assistance we are here to help.
Also see the Packages Category for extra Smart pricing.
*Note: All purchases of the components of the Smart Patterns Trading System can later be applied to the overall system price. Many traders have gotten the system by first getting a few components and then later getting the whole system the old fashioned way; they earned it.