BollingerBands

[timepass]

Cross-Over is spotted.

Let's see how many crossovers are there before a new direction is taken.

 

[columbus]

EOD=1.6.11 ................7-month NIFTY chart



Basically there are 2 lines in chart , 20-SMA in (WHITE+GREY) colours and
10-ema in VIOLET colour.In bullish conditions 20SMA will in White colour and
bearish condition it will be in Grey colour.Violet colour line decides the mometum of market, mostly.

 

[krish4166]

HI COLUMBUS
on end of day can we use bollinger worm or we have different method for EOD

 

[columbus]

HI COLUMBUS
on end of day can we use bollinger worm or we have different method for EOD

Hi Krish,

BollingerWorm can be made into EOD method, after few modifications.But this
method as it is now ,suitable as a intraday method ,because intraday has more twists and turns.

 

[columbus]

EOD=2.6.11 ................7-month NIFTY chart



Basically there are 2 lines in chart , 20-SMA in (WHITE+GREY) colours and
10-ema in VIOLET colour.In bullish conditions 20SMA will in White colour and
bearish condition it will be in Grey colour.Violet colour line decides the mometum of market, mostly.

 

[timepass]

Columbus, does today's bar appear in Green in your chart? ?? The last small bar is in green color.

 

[columbus]

Columbus, does today's bar appear in Green in your chart? ?? The last small bar is in green color.

Hi TP,

It is GREEN only. Colour of Candle is decided on Opening and Closing
values of today's candle.

If Close > open ......Green candle
close < open .....Red candle.

Today open=5530
close=5550.

It has nothing to do with previous candle.

It shows Up movement in tact.

 

[timepass]

oooooooopssss............

Hi TP,

It is GREEN only. Colour of Candle is decided on Opening and Closing
values of today's candle.

If Close > open ......Green candle
close < open .....Red candle.

Today open=5530
close=5550.

It has nothing to do with previous candle.

It shows Up movement in tact.

 

[columbus]

If you go by some definition ,all these marked should have been GREEN.

 

[timepass]

Seems like yesterday's candle was some kind of pivot... maybe so, for what the chart shows is that whenever 20MA has crossed 10MA from bottom, it has whipsawed 2-3 times before continuing upmove..