Ep. 989: Four Trend Players with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Bowl in Your Bands
I was looking for a way to automate the changing of the band width. When I saw that calculation for volatility changing over time, I went, wow, light bulb moment. It took me a little while to sort out the details, but very shortly thereafter, bowl in your bands as we know them today were born. The problem with that is, is that you let emotions into the trading process. If you're bullish, you set the bands to present the bullish picture. And if you were bearish,you set the bandsto present a bearish picture.
Transcript
Play full episode
