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Technical Indicator
BB on the RL270
Placing a Bollinger Band on the 270 period regression line (RL270) is an advanced technique for improving your timing on the longest time frame, the “Long Term Fair Value”. The “ribbon” on the RL270 helps develop a patient feeling, and creates a “region” that gives you a sense of how much noise there is around the RL270 if one were to use the crossing as an entry and you wanted to have a buffer for an iStop.