BollingerBands

Did Bollinger Bands help you?

  • Yes

    Votes: 239 77.9%
  • No

    Votes: 68 22.1%

  • Total voters
    307

columbus

Well-Known Member
BB(20,2) of nifty futures on time frame 3min-5min
are presented below:
 

columbus

Well-Known Member
BB(20,2) of nifty futures on time frame 3min-5min
are presented below:
 

columbus

Well-Known Member


The EOD graph of Bollinger Bands shows the likelyhood
of bounce back.
 

columbus

Well-Known Member
BB(20,2) of nifty futures on time frame 3min-5min
are presented below:


Today Nifty Futures gave equal opportunities
to both in long side as well as in short.
In the morning it gained a bit and most of the
time it was losing side and it lost till 1230.
Then it started to pick up and reached high
value at around 1430 and then slumped.
 

SavantGarde

Well-Known Member
Hi Columbus,

If Possible Can You Mark The Possible Long Short Entries & Exits On The 5 Min. Using The Two Bar Rule....It May Give A Perspective Of How Effective BB Is....

Lower BB Pierced.....LONG Entry & SAR @ Upper BB Piercing Or Exit On Completion Of 2 Consecutive Red Bar For Exit

Upper BB Pierced ....SHORT Entry & SAR @ Lower BB Pierced Or Exit On Completion Of 2 Consecutive Green Bar For Exit.


Thanks A Ton

Happy & Safer Trading

SavantGarde

BB(20,2) of nifty futures on time frame 3min-5min
are presented below:


Today Nifty Futures gave equal opportunities
to both in long side as well as in short.
In the morning it gained a bit and most of the
time it was losing side and it lost till 1230.
Then it started to pick up and reached high
value at around 1430 and then slumped.
 

columbus

Well-Known Member
Hi Columbus,

If Possible Can You Mark The Possible Long Short Entries & Exits On The 5 Min. Using The Two Bar Rule....It May Give A Perspective Of How Effective BB Is....

Lower BB Pierced.....LONG Entry & SAR @ Upper BB Piercing Or Exit On Completion Of 2 Consecutive Red Bar For Exit

Upper BB Pierced ....SHORT Entry & SAR @ Lower BB Pierced Or Exit On Completion Of 2 Consecutive Green Bar For Exit.


Thanks A Ton

Happy & Safer Trading

SavantGarde
Hi Savant,
Thanks for your valuable inputs.
Let us modify the language a bit.
Upper BB Pierced From Downside .....LONG Entry & SAR @ Upper BB Piercing Or Exit On Completion Of 2 Consecutive Red Bar For Exit

Lower BB Pierced From Upside ....SHORT Entry & SAR @ Lower BB Pierced Or Exit On Completion Of 2 Consecutive Green Bar For Exit.


I observed that between 1200~1300 the market will take diametrically
opposite view.This happened today also.It coincides with European
markets ,but is there any impact of European Markets to such extent?
 
Last edited:

columbus

Well-Known Member
BB(20,2) of nifty futures on time frame 3min-5min
are presented below:



I had one of the worst trading experiences in last 2
years, the main reason was due to the fact that
in our area there was power shut-down between
1330 to 1430.This necessitates the requirement of
UPS immediately.
 

columbus

Well-Known Member
As discussed earlier,there was no candle in lower band
indicating BULLISHNESS till 1230 or so,thereafter no
candles in TOP band ,indicating severe Bearishness.



Some correction:Left side is NIFTY chart,which is almost
identical to Nifty Future chart.
 
Last edited:

columbus

Well-Known Member
BB(20,2) of nifty futures on time frame 3min-5min
are presented below:

 

columbus

Well-Known Member
BB(20,2) of nifty futures on time frame 3min-5min
are presented below:



The recovery TWICE was least expected !!!
 
Last edited:
Thread starter Similar threads Forum Replies Date
B AmiBroker 0

Similar threads