BollingerWorm !!!
- Thread starter columbus
- Start date
Today we have "N" type of market movement ,with a couple of Big targets
and one Half target.These are ideal market placements as far as Futures
are concerned ,but I am concentrating on Options.
With 5-min timeframe the first BB sample appears at 10.55AM.
A smaller timeframe would have cut BB before 1000AM.
and one Half target.These are ideal market placements as far as Futures
are concerned ,but I am concentrating on Options.
With 5-min timeframe the first BB sample appears at 10.55AM.
A smaller timeframe would have cut BB before 1000AM.
The default BB has to do with 20 samples.With 3 min TF, the first sample
appears at 10.15. Since regular market start at 9.15. (9.15+20*3=10.15).
2min TF is enough to pick up the signal because the first sample would
have appeared at 9.55 (9.15+2*20).The first buy is at around 10AM.
Moreover in 3min TF the candles were found concentrated in TOP band+SMA-20
,which itself was a bullish pattern.
appears at 10.15. Since regular market start at 9.15. (9.15+20*3=10.15).
2min TF is enough to pick up the signal because the first sample would
have appeared at 9.55 (9.15+2*20).The first buy is at around 10AM.
Moreover in 3min TF the candles were found concentrated in TOP band+SMA-20
,which itself was a bullish pattern.
