To go long (to buy), you have to wait for one of the to close above the BB upper band. (background color is green)
Short Trade Setups:
To go short (to sell), you have to wait for one of the to close below the BB lower band. (background color is red)
How To Maximize Your Profit?
As I explained above, this trading system is good in catching the trends. Therefore, you’d better to take the advantage of the strong movements and maximize your profit.
When there is a strong trade setup, you can also take two positions with the same stop loss, when there is a trade setup based on the Double trading system. Set a 2 x SL target for the first position, and no target for the second one. If the first position hits the target, move the second’s position stop loss to breakeven and hold it (TLDR : Hold a sell as long as background is red)
In case of a long position, hold the second position as long as the form between the BB1 and BB2 upper bands, or above the Middle Band. Close the second position when start crossing the BB1 upper bands, or when one of the breaks below the Middle Band . (TLDR : Holda buy as long as background is green)