OGT Owl Group Trading by Dr. Ken Long
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Intraday System

Dragon

An indicator used in the RLCO trading framework used to illustrate the fast trend of the BBand.  Typical settings for the dragon are (10, 0.5, -0.5). The dragon will typically move from one side of the river to the other chasing the herd.  The dragon seldom exits the river.  However, when the dragon is outside of the river, it would not be surprising to see a reversal of trend to bring price back into the river.

Reference Foundation Course, Advance Day Trading Course