Did Bollinger Bands help you?

  • Yes

    Votes: 239 77.9%
  • No

    Votes: 68 22.1%

  • Total voters
these are trade-tiger charts. tt have all indices. open all indices from market watch, then double click for chart, data can be saved as csv. vix movement can be watched intraday also with RT quotes. if find any problem in getting the data or chart let me know.
Bollingerbands for Thursday, 09th August, 2012.

Small retracement. Maybe it is a precursor to some major correction. The indicators are still in the oversold region.

Global cues are flat at this moment, but the dollar index has gone sharply up in the last 2 hours. All that could change, of course, before the start of our trading session tomorrow. US markets, too, are flattish.

The averages remain green and BB seem to be expanding a bit. Today was the third consecutive day of Upper BB hit.

India vix = 16.33, NF ATP : 5358.43 LTP = 5358


I use BMA WEALTH CREATOR LTD. security trade station. I dont have "INDIA VIX" indicator , could you please let me know the details in EXCELL format or any other site availble.

Thanx & Regards,



Well-Known Member

I use BMA WEALTH CREATOR LTD. security trade station. I dont have "INDIA VIX" indicator , could you please let me know the details in EXCELL format or any other site availble.

Thanx & Regards,

INDIA VIX is not an indicator. Its a INDEX.

you can watch live at here. third one, and for Intraday live changes you will have to refresh page.
Bollingerbands for Monday, 13th August, 2012 - Sideways : Support @7EMA

The index is doing timepass in the 5280-5360 zone without taking any definite direction. I suppose these days are designed to kill the option premiums :). The trend remains up but the vix is going down while the BB are widening slightly (Range : 5416-5053, Width : 363).

The global cues aren't very decisive either, with the Europe and USA trading flat to negative, and the dollar index dancing between 82 & 83.

No local news has really shaken the index much and it has bounced back from SBI's results. Tata Steel has reported poorer Q1 results, so maybe there will be some downer effect of that.

India vix = 16.01, NF ATP : 5350.62 LTP = 5371
Bollingerbands for Tuesday, 14th August, 2012 : 5400 within sight.

The index zoomed up today after IIP data was released. It seems that the things are not so bad after all, in Q1. Maybe after a day or two of closer scrutiny they will find that some things are bad after all and bring the index down somewhat :). Still, 7EMA has once again provided a support and the index has bounced from there.

For the time being, the averages are green and uptrending and the BB are flat to widening. (Range : 5414-5045, Width : 369). India vix is further lower.

Europe is trading solidly in the green and the DOW futures too, are green.

The INR has ended the day weaker by 30 paisa against USD.

India vix = 15.64, NF ATP : 5393.25 LTP = 5406
It seems we are near to some bigger moves :)
India Vix is at its lowest (on closing basis) in nearly 2 years. Check the huge move 4 days later.

BTW, again Sudoku's Nifty Future Trend closed, dont know why ?
It was too big, so now there's another thread called "NIFTY 50 TRENDS - Part 2". There are "Part 2" threads for so many others.
Last edited:

Bollinger bands are actually indicators as to the volatility of a particular security. As a result, for trading purposes, one would want to look at the activity of trading within the bands in conjunction with another tool, such as the Relative Strength Indicator, to properly undertake investment decisions.

Historically, when a price movement has been identified originating at one of the Bollinger limits, it will more likely than not continue at least to the opposite limit band.

Bollinger bands are in essence a graphic representation of the volatility that exists in the market for any particular stock. As such, they allow the investor the possibility to identify periods where opportunities for the undertaking of successful positions can arise.

When used in conjunction with other indicators, the knowledge and use of Bollinger bands can greatly improve any individuals trading performance.
Bollinger Bands and Trading

Bollinger bands is without a doubt one of the greatest tools ever created to aid the astute trader with his entries and exits.

The reaction of an upper or lower band to approaching price provides the active trader with a tale tale sign of what will likely take place over the next few bars or more.

This reaction provides valuable insight into whether or not this will be just a few bars or quite a few bars.

Likewise the upper bands "personality" during this time is also very telling.

BB with RSI:
On a choppy day ,with RSI ,it works very well,

BB trading:

BB with RSI+Stochastics

Bollinger Bands is rather under-rated indicator.

Trading with BB is rather simple.If if hits the top band then SHORT it.
If it hits the bottom band BUY it.If it grazes the bands go in the same

EMA crossover method has been used extensively for Long Term
view.But it can be used in conjunction with Bollinger Bands for
day trading also.

The positions of Candles with respect to Central line is crucial.
If the candles are below the central line near the bottom band
SHORT it.For LONG entry the conditions are just reverse.

Inputs by SavantGarde:

Rules For Going Long Or Short Is As Follows:


Entry On Immediate Completion Of Green Candle After A Lower BB Piercing Candle.

Exit- I: Immediately On Upper BB Piercing
Exit-II: On Completion Of Two Consecutive Red Candle.
S/L: Completion Of Two Consecutive Red Candle
S/L Immediately After Entry: Low Of BB Piercing Candle


Entry On Immediate Completion Of Red Candle After Upper BB Candle Piercing Candle.

EXIT-I: Immediately On Lower BB Piercing
EXIT-II: On Completion Of Two Consecutive Green Candle
S/L: Completion Of Two Consecutive Green Candle.
S/L Immediately After Entry: High Of BB Piercing Candle
Thread starter Similar threads Forum Replies Date
B AmiBroker 0

Similar threads