Breakout from congestion

[Paul Cote <cote@xxxxxxxx>]

A relatively simple method of trading the market is to trade a breakout
from congestion.  A congestion is defined by a market that was trending
but then begins going horizontal for a while.   The confines of
congestion are contained by two horizontal lines, one above and below.
When the market closes above or below these lines, a position is taken
in the direction of the breakout.  The exit from the position is when
the market reverses so a trailing stop would be the exit mechanism.  Has
anyone tried this trading method?

Paul Cote