BollingerWorm !!!

Do you feel BolligerWorm better than BollingerBand?

  • YES

    Votes: 73 70.2%
  • NO

    Votes: 31 29.8%

  • Total voters
    104
#31
Hi,Columbus,
Two situations which need your attention/explanation:-
1)In I-5 situation,when the 'worm'comes out,it retraces back and only succumbs with passingtime,why not immediate?
2)Manytimes,the 'worm' comes out,both ways,eh2 as well as el2,in this situation,where to take the trade?

earthy8
 

columbus

Well-Known Member
#32
Hi,Columbus,
Two situations which need your attention/explanation:-
1)In I-5 situation,when the 'worm'comes out,it retraces back and only succumbs with passingtime,why not immediate?
2)Manytimes,the 'worm' comes out,both ways,eh2 as well as el2,in this situation,where to take the trade?

earthy8
Hi earhy8,

Re-entry is important point to place the order.In case of doubt raise
TF by seconds,still in doubt ,further raise TF.
 

murthyavr

Well-Known Member
#33
What a bad day to take rest !!! Or otherwise?

Hi Columbus,

Part of my earlier question was not answered :(

In the above chart, there are three SELL signals. While
the second one is understandable, I am not clear about
the rules regarding SELL in the 1st and 3rd cases
(Because, upper band piercing was not made..)

Can you please clarify?
 

columbus

Well-Known Member
#34
Hi Columbus,

Part of my earlier question was not answered :(

In the above chart, there are three SELL signals. While
the second one is understandable, I am not clear about
the rules regarding SELL in the 1st and 3rd cases
(Because, upper band piercing was not made..)

Can you please clarify?
Hi murthyavr,

SELL.1
Basically this graph has 5min TF.In lower time frames say 2min TF
this was clearly marked as SELL.

SELL.3
We have slightly modified our rules in case of severe bearish/bullish
markets.In these conditions CANDLES move along the boundaries.
This necessitated the introduction of BB(20,1) [standard deviation=1]
bands.Clearly Sell.3 moved over the band.
 

columbus

Well-Known Member
#35
Good day for intra day players !!!

 
Last edited:

columbus

Well-Known Member
#37
Why EOD Bollinger thread closed ?
Hi stocks.murtaza,

I do not know ,who closed it.In fact ,few minutes back ,I posted a chart
there.I use it ,to post POSITIONAL chart of NIFTY,whenever I get time.