3D-Bollinger Band

[columbus]

Basically it contains 5 Bollinger Bands[From BB(21,2.1),BB(22,2.2),
BB(23,2.3),BB(24,2.4), & BB(25,2.5),with EMA2 (high & low)] 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,looking for PAIR.A pair consists of 2 candles of both colours.

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.

 

[Relish]

Basically it contains 5 Bollinger Bands[From BB(21,2.1),BB(22,2.2),
BB(23,2.3),BB(24,2.4), & BB(25,2.5),with EMA2 (high & low)] 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,looking for PAIR.A pair consists of 2 candles of both colours.

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.

Sir Can we implement this strategy in equity and option shares also? I applied got some profit. I want to know, is it mere coincidence ? what is your experience.

Thank's

 

[columbus]

Sir Can we implement this strategy in equity and option shares also? I applied got some profit. I want to know, is it mere coincidence ? what is your experience.

Thank's

Hi Relish,
It can be applied ANY type of instrument.(Equity,Derivative,Commodity,Forex)
Since Nifty is widely followed here and I trade in Nifty ,everyday I am giving
example of NIFTY.

 

[Relish]

Hi Relish,
It can be applied ANY type of instrument.(Equity,Derivative,Commodity,Forex)
Since Nifty is widely followed here and I trade in Nifty ,everyday I am giving
example of NIFTY.

Thank you Sir. Since I am following your thread and watching it. I have question what will do, if prices either get above band or drops below band suddenly; like today infosys just shoot to sky? Price comes again in band after half an hour or one hour. But if we take wrong trade, losses will be huge.

 

[timepass]

Thank you Sir. Since I am following your thread and watching it. I have question what will do, if prices either get above band or drops below band suddenly; like today infosys just shoot to sky? Price comes again in band after half an hour or one hour. But if we take wrong trade, losses will be huge.

Always keep a stoploss. With this strategy, you can use the inner bands as the stoploss. Anyway, on a strong day like today (strong for Infy), it is better to stay out, IMHO.

 

[columbus]

Thank you Sir. Since I am following your thread and watching it. I have question what will do, if prices either get above band or drops below band suddenly; like today infosys just shoot to sky? Price comes again in band after half an hour or one hour. But if we take wrong trade, losses will be huge.

Hi Relish,

Hate to put tradings on EOD chart,for academic interest just putting them.
On a good result day ,do not put a SHORT trade for too long because the
chances of Reversal are very good.

On Yesterday's infosys chart,there were 5 trades in all (3FT and 2 ST)
as marked after 11AM.The last ST (after 2o clock ,SHORT) was a bit Risky because
the Guidelines (Inner BB) were too close.

 

[Relish]

Hi Relish,

Hate to put tradings on EOD chart,for academic interest just putting them.
On a good result day ,do not put a SHORT trade for too long because the
chances of Reversal are very good.

On Yesterday's infosys chart,there were 5 trades in all (3FT and 2 ST)
as marked after 11AM.The last ST (after 2o clock ,SHORT) was a bit Risky because
the Guidelines (Inner BB) were too close.

Thank you for information.

 

[columbus]

Basically it contains 5 Bollinger Bands[From BB(21,2.1),BB(22,2.2),
BB(23,2.3),BB(24,2.4), & BB(25,2.5),with EMA2 (high & low)] 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,looking for PAIR.A pair consists of 2 candles of both colours.

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 5 Bollinger Bands[From BB(21,2.1),BB(22,2.2),
BB(23,2.3),BB(24,2.4), & BB(25,2.5),with EMA2 (high & low)] 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,looking for PAIR.A pair consists of 2 candles of both colours.

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 5 Bollinger Bands[From BB(21,2.1),BB(22,2.2),
BB(23,2.3),BB(24,2.4), & BB(25,2.5),with EMA2 (high & low)] 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,looking for PAIR.A pair consists of 2 candles of both colours.

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.