I'm still new to all this, and the "forum" system here is pretty hard to navigate.
If you look at this site on Bollinger Bands:
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands
And go down to the section "Signal: W-Bottoms" you'll see a classic W bottom. Does anyone have an Algo they can share that shows how to place an order just after the breakout is signaled?