This is a trend following strategy (not at all good if markets goes sideways). It takes positions based on hourly chart and uses indicators three indicators - SMA, Bollinger Bands and RSI. The strategy works based on price crossover above or below the 2 StdDev of Bollinger Band and then checks whether the trend reverses based on crossover of 10 - 50 SMA and RSI level. And if it does then position is taken with Stop Loss and Take profit targets based on Standard Deviation with SL being 2.5 StdDev and TP being 2 StdDev. Why Standard deviation based targets? Because I hope to be wrong quick during tops and bottoms as most of the times volatility dies out and keep my losses low during sideways trends. The theory behind using standard Deviation is that if the trend is going to continue then there is a minimum 84% probability (Chebyshev's Theorem) that all the prices will lie between 2.5 Standard Deviation. (Fingers crossed for the trend.)