3D-Bollinger Band

[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.

 

[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.

 

[columbus]

Last 4 months - DAILY Time Frame.

 

[angira]

today i've traded tatasteel, sbin and infosys.
in first two trade, i was wrong to decide trend or my entry was wrong.
so i've exited in both trade in which sbin gave loss. but in tatasteel exited near entry
price.
then i've short tatasteel, sbin & infosys.

angira...

 

[columbus]

today i've traded tatasteel, sbin and infosys.
in first two trade, i was wrong to decide trend or my entry was wrong.
so i've exited in both trade in which sbin gave loss. but in tatasteel exited near entry
price.
then i've short tatasteel, sbin & infosys.

angira...

Generally do not place orders before 9.30AM.First 15 minutes mostly emotion
trades take place,there is every chance a putting a wrong trade just carrying
emotion.The risk of such trades over a period of time is more, better avoid it.

 

[nazimrushda]

Still not clear about 3 D buy and sell signal

 

[timepass]

Still not clear about 3 D buy and sell signal

Basically it says that do not ENTER a new trade when the candles are between the violet lines. At other times, you can take a trade in the direction that the candles are travelling. If the candles are outside the violet bands and going up, you can buy CALL OPTIONS. If the candles are outside the violet bands and going down, cam buy PUT OPTIONS. You can keep the violet bands as the stoploss or as per your risk appetite.

If you are already in the trade and the candle moves in your direction and enters the violet band, continue your trade and trail your stoploss.

 

[columbus]

Still not clear about 3 D buy and sell signal

Nazimusha,

Nice interpretation given by timepass.This works very well ,well before the
EXPIRY.The combination Naked Calls and Naked Puts ks worwell before Expiry. Just
before Expiry better to use combination of Naked Calls & Call Writing OR
Naked Puts & Put writing depending on the side of Market movement.

Though marking entry/exit on EOD chart makes trading a CHILD-PLAY,but it
is TOUGH on LIVE chart.I am making here a small attempt, so that less
mistakes are made.

Bollingerworm
1.Candle on TOP band,SELL entry.

2.After successive Lows made by candles Closed SELL.
Entered BUYs....Candle on Lower Band.

3.Closed Buys,Fresh SELL.....Again candle on TOP band.

4.Closed SELL ,Fresh BUY,......Lower Band candle.

5.Closed Buy....Candle on Top Band.

 

[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.

 

[angira]

my entry is not right bcoz in daily chart of tatasteel prices at middle band. i short and set tp @ 406 but it made low 406.58 so i've exited at that candle.

angira...