3D-Bollinger Band

[timepass]

Comparing the two techniques : Which one has the advantage ?? It was the 12:15-12:18 spike which did me out of my puts, and then zoomed down. Which technique could've warned me that it was a fakeout ?

 

[columbus]

Comparing the two techniques : Which one has the advantage ?? It was the 12:15-12:18 spike which did me out of my puts, and then zoomed down. Which technique could've warned me that it was a fakeout ?

Hi TP,

I still like EMAstrip in BB over 3D ,for one reason ,in EMA strip
the influence of previous day samples dies down fast since small
EMAs (3~10) are involved.After 11AM both charts look alike.That
the problem involved on LIVE vs EOD chart.

 

[columbus]

Basically it contains 7 Bollinger Bands[From BB(21,2.1),BB(22,2.2),
BB(23,2.3),BB(24,2.4),BB(25,2.5),BB(26,2.6) & BB(27,2.7)] and
Guide lines in form of BB(21,0.7) as indicated in the chart.By
choosing 0.7 Standard Deviation, it will divide the Total BB into
3 zones, namely TOP (bullish),MIDDLE (neutral) and BOTTOM (bearish)
zones.

Rules are same as 2D Bollinger Band.BUY at lower Band and SELL
at top Band.Any Time Frame from 3min to 5min can be used.
3min/4min is used for Entry/Exit and 5 min is used for getting overall trend.

Now Time Frame is reduced from 5min to 4 min,as Timepass
reported WHIPSAWS in 3 min and 5min is too high.

Earlier in Tradetiger Fractions were allowed in TF ,but now it
accepts only WHOLE numbers.

 

[timepass]

Now Time Frame is reduced to 5min to 4 min,as Timepass reported WHIPSAWS in 3 min and 5min is too high.

I guess the whipsaws will happen in any timeframe

 

[columbus]

I guess the whipsaws will happen in any timeframe

hi time pass,

the problem you faced was not there in 5-min.

 

[summasumma]

I guess the whipsaws will happen in any timeframe

Very true... Otherwise by this time everyone will have holy-grail in hand

 

[columbus]

Basically it contains 7 Bollinger Bands[From BB(21,2.1),BB(22,2.2),
BB(23,2.3),BB(24,2.4),BB(25,2.5),BB(26,2.6) & BB(27,2.7)] and
Guide lines in form of BB(21,0.7) as indicated in the chart.By
choosing 0.7 Standard Deviation, it will divide the Total BB into
3 zones, namely TOP (bullish),MIDDLE (neutral) and BOTTOM (bearish)
zones.

Rules are same as 2D Bollinger Band.BUY at lower Band and SELL
at top Band.Any Time Frame from 3min to 5min can be used.
3min/4min is used for Entry/Exit and 5 min is used for getting overall trend.

Squared off CALLs and entered PUTs.

 

[columbus]

I guess the whipsaws will happen in any timeframe

Very true... Otherwise by this time everyone will have holy-grail in hand

Hi summasumma,

Sorry to differ.Let us take 2 time frames only,namely, 2min and 30 min.
30min Candle contains as many as 15 samples of 2min candles.A single
candle can not give direction ,on the other hand ,15 candles gives some
direction.Over a period ,2 min gives a good signal and also no.of whipsaws.
1min will give more whipsaws.We have to strike and balance between these.
30 min TF ,for a DAY trader is not good ,because duration is more.Personally
I feel TF 3~5 are good for Nifty Future trader.Nifty Option Trader can go
for higher TF ,since Options are not that much volatile compared to futures.

 

[columbus]

Basically it contains 7 Bollinger Bands[From BB(21,2.1),BB(22,2.2),
BB(23,2.3),BB(24,2.4),BB(25,2.5),BB(26,2.6) & BB(27,2.7)] and
Guide lines in form of BB(21,0.7) as indicated in the chart.By
choosing 0.7 Standard Deviation, it will divide the Total BB into
3 zones, namely TOP (bullish),MIDDLE (neutral) and BOTTOM (bearish)
zones.

Rules are same as 2D Bollinger Band.BUY at lower Band and SELL
at top Band.Any Time Frame from 3min to 5min can be used.
3min/4min is used for Entry/Exit and 5 min is used for getting overall trend.

Squared off PUTs.No positions .(EOD)

 

[nazimrushda]

Not able to understand pls repost with buy sell marking