Breakouts from Price Bands like Bollinger Bands
At 14:40 the market (Euro-USDollar, 1 minute-chart) breaks out of the upper Bollinger Band and moves bullish.
It takes profits because of a 10 point profit target stop (upper horizontal green line).
Market (again Euro-USDollar, 1 minute) moves out of lower Bollinger Band and moves bearish until it reaches the 10 point profit target.
3 month of this strategy with a trendfilter (MACD). Lots of trades.
Equity looks strong until it becomes a bit volatile.