BBands pull back can make lot of money for you-if you know

[masiegp]

@FORD7K

Hello,

is it possible that you will post the afl-Code here ? If so thanks in advance I will test it on currencies and stocks!

Thanks

masiegp

 

[Happy_Singh]

Hi Happy singh

Thanks.

How does this kind of intraday channel look like?
How to code such dynamic channel?
If the High on each bar gts increasing n, whatabout lower band,Low gets same sequence of numbers-i think.

worth exploring
please post a chart and afl coding if possible

regards
ford

hi

I am posting the code below, please do check it on your charts

NewDay = Day()!= Ref(Day(), -1);  
Period = Min(BarsSince(NewDay),11)+2;
//first bar=0, use +2 to get yesterdays last bar, or +1 to skip last bar
mH = MA(H,Period); mL = MA(L,Period);
Plot(mH,"", colorYellow, styleNoLabel|styleDashed); 
Plot(mL,"", colorYellow, styleNoLabel|styleDashed); 
PlotOHLC(mL,mH,mL,mH,"", colorLightGrey, styleCloud|styleNoLabel);

variable period works with some indicators like MA, WMA but
does not work with others for e.g. HMA, EMA etc . . .

I find this useful specially on gap days

Happy

 

[ford7k]

Hi Happy

Thanks.


What happens when traders do overtrading and just daytrade and have no tradeplan with winning edge?
Their broker is made rich!!!!!!!!!!!!!!

strategic positioning of trader against odds.
like option buyers
TRader using system and timing to trade without stoploss & his system wins only 30% of time .
TRADER Qualifications- Almost Naked- swimming against all odds-no resources-no skills-impatient & in hurry only to trade-never test-has no mentor
BROKER - FAT- RICH-GETTING RICHER-NOT MUCH HARD WORK- SWEET TOUNGUE-NICE TALK-ODDS IN HIS FAVOUR-LOTS OF CONTACTS of poor traders

 

[ford7k]

Hi
here is a chart of ICICIBANK ON 20 MINUTES

BBAND settings are 50-2.5
plotted are hourly resz-support- hint courtesy KelvinHand
basic entries for long are least distance from support and close to lower band
target is centreline & opposite band.

Guess what this chart below is for?

 

[indraji2001]

Dear Mr Ford could you please send me the afl code of the starc band modified by you (with blue and red band). I noted that yours one liiks much better and user friendly. My email id is [email protected]. Please help me in this regard.
Regards
Indrajit