Basically it is designed for sideways markets.
The signal for System 2 is triggered when the conditions of entry for System 1 has to be not in place when the market is within 3%of the upper or lower 50 day 2 st dev bollinger bands.
Exit 40% at Ma 50 and, 40 % within 3% of the counter band.Rest 20% is when the counter trade conditions appear.(System 2 short trade exit when System 2 long signal happens or System 1 long signal happens)
Stop when the direction of the trade is violated by System 1 setup or market breaks above or below the bollinger band with 1.5% on the daily close against the trade direction.
The current positions and new added positions are below:
Oil is consolidating.
Facebook is consolidating.