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BB LONG 2BX & FVB Strategy

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This Strategy is optimized for the 2h timeframe. Happy Charting and you're welcome!

**BB LONG 2BX & FVB Strategy – Simple Text Guide**

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### **What It Does**
A **long-only trading strategy** that:
- Enters on **strong upward momentum**
- Adds a second position when the trend gets stronger
- Takes profits in parts at **smart price levels**
- Exits fully if the trend weakens or reverses

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### **Main Tools Used**

| Tool | Simple Meaning |
|------|----------------|
| **B-Xtrender (Oscillator)** | Measures speed of price move. Above 0 = bullish, below 0 = bearish |
| **Weekly & Monthly Timeframes** | Checks if higher timeframes agree with the trade |
| **Red ATR Line** | A moving stop-loss that follows price up |
| **Fair Value Bands (1x, 2x, 3x)** | Profit targets that adjust to market volatility |

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### **When It Enters a Trade (Long)**

**First Entry:**
- Weekly momentum is **rising**
- Monthly momentum is **positive or increasing**
- No current position

**Second Entry (Pyramiding):**
- Already in trade
- Price breaks **above the Red ATR line** → add same size again
(Max 2 total entries)

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### **When It Takes Profit (Scaling Out)**

| Level | Action |
|-------|--------|
| **1x Band** | Sell **50%** when price pulls back from this level |
| **2x Band** | Sell **50%** when price pulls back from this level |
| **3x Band** | **Exit everything** when price pulls back from this level |

> You can hit 1x and 2x **multiple times** – it will keep taking 50% each time

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### **When It Exits Fully (Closes Everything)**

1. Price **closes below Red ATR line**
2. Weekly momentum shows **2 red bars in a row, both falling**
3. Weekly momentum **crosses below zero** AND price is below Red ATR
4. Weekly momentum **drops sharply** (more than 25 points in one bar)

> After full exit, it **won’t re-enter** unless price comes back below 2x band

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### **Alerts You Get**

Every time price **touches** a profit band, you get an alert:

- “Price touched 1x band from below”
- “Price touched 1x band from above”
- Same for **2x** and **3x**

> One alert per touch, per bar

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### **On the Chart – What You See**

- **Histogram bars (weekly momentum)**
Lime = up, Red = down
**Yellow highlight** = warning (exit soon)
- **Red broken line** = stop-loss level
- **Blue line** = fair middle price
- **Orange, Purple, Pink lines** = 1x, 2x, 3x profit targets

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### **Best Used On**
- Daily or 4-hour charts
- Strong trending assets (like Bitcoin, Tesla, S&P 500)

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### **Quick Rules Summary**

| Do This | When |
|--------|------|
| **Enter** | Weekly up + monthly support |
| **Add more** | Price breaks above Red line |
| **Take 50% profit** | Price pulls back from 1x or 2x |
| **Exit all** | Red line break, weak momentum, or 3x hit |

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**Simple Idea:**
**Ride strong trends, add when confirmed, take profits in chunks, cut losses fast.**

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.