Bollinger breakouts are one of my favourite ways to play short term trades. I spotted this script from norok earlier today and thought I would have a bit of a look to see how well it might work. It makes sense to me and the few times I have looked at stocks that have broken out, it seems to often call them so will see how it goes with this one. Normally for Bollinger breakouts I would like to see a big surge in accompanying volume which you can see the earlier breakout candles had, but not this latest one so much. Here's hoping I'm early to the party :)
You can find the script and much more information about it here:
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