BollingerBands

[columbus]

EOD=14-2-11 NIFTY chart of last 7 months.

 

[columbus]

EOD=15-2-11 NIFTY chart of last 7 months.

 

[timepass]

Columbusbhai, can u give some interpretation of this chart for the benefits of the lay people?

TY.

 

[columbus]

Columbusbhai, can u give some interpretation of this chart for the benefits of the lay people?

TY.

Hi timepass,

Basically these are EOD charts and people me for last few days does
not need much explanation ,so I skipped.It indicates 2 things,

1.White EMAs indicate Bullishness and similarly Maroon EMAs indicates Bearishness ,as chart shows itself.

2.Touching Bands indicates a REVERSAL in near future.(in 2 or 3 days)

 

[columbus]

 

[columbus]

 

[ayush2020]

hii columbus !! regards for a really very knowledgeable thread .... does any 1 have used this for commodity and currency??

 

[columbus]

EOD=18.2.11 7-month NIFTY

 

[columbus]

hii columbus !! regards for a really very knowledgeable thread .... does any 1 have used this for commodity and currency??

Hi ayush,

If it works well for equity/derivative ,it works as well for Commodities/Forex.
Regarding your query ,to my knowledge ,nobody has similar thread in them.

 

[ayush2020]

hi columbus,
i have just set this BB time frame of 3 minutes in crude oil,nickel and copper . still now it is working fine.. let i do it for some more paper trading thn i think we can come to some conclusion.