The mBB indicator is probably at its best when trying to identify when to sell something that is in a parabolic rise (or when to buy something that is in freefall). Typical moving averages are too slow to catch the movements, but the mBB seem to do a good job with $SPX. In the past, we’ve often looked at using the mBB strategy on something other than $SPX, but it never seems to work all that well, although our sample size is small. I recall that we attempted to use it on Apple (AAPL) as a buy signal last year.
