I'm wondering who here uses volatility squeeze indicators to pick stocks. I've hired a consultant to design an indicator for me as I'm trying to get better at trading breakouts. Basically, it will create a list of stocks each day with Bollinger Bands that have widths of less than 6% of the 20-day SMA. Stocks will all be >$40/share and avg daily vol of >1million shares. Does the math work out in favor of volatility mean reversion or is it like so many other shorter-term trading strategies where the chances are about even? Thanks in advance.