For this example, we started with the
CFB dyna Band and measured
where current price was located within it. Just as with the Fast %K oscillator,
the location of price within a band can be converted to an oscillator. The
chart shows an oscillator produced this way. A simple trading strategy was
designed to enter LONG whenever the oscillator pulls away from the bottom, and
goes SHORT whenever the oscillator pulls away from the top. Blue lines connect
winning trades, red lines connect losing trades.
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