BollingerBands

[columbus]

RSI graph with Bollinger Bands of INFOSYS of last trading day.
RSI is in blue colour. Have a look WHITE line which is 20-SMA.
It was trending upwards ,but RSI was in opposite direction.

I think it will work with ST da's OB/OS observation .... OB/OS > 5 bars ... strong chances of trending ....

Raghav discussed a lot about ST da's OB or OS >5 bars.
I was discussing the role of RSI ,compartively on strong day VS
weak day.
Yes ,the set-up of BB,SMA-10 or SMA-20 with Stoch(3,8,4) is damn good.

 

[Gaur_Krishna]

Even for 1 min TF?

Raghav discussed a lot about ST da's OB or OS >5 bars.
I was discussing the role of RSI ,compartively on strong day VS
weak day.
Yes ,the set-up of BB,SMA-10 or SMA-20 with Stoch(3,8,4) is damn good.

 

[columbus]

Even for 1 min TF?

The problem with 1min TF :

1.Too many entries and exits.Brokerage will eat away your profits.

2.Whipsaw problems.

For strictly for scalping purposes ... No comments.(But after a thorough
scrutiny with PAPER TRADES.)

 

[Gaur_Krishna]

Thanks. I got how to draw 4/6 min charts at TT .....

Any desired INTERVAL can be configured.But these have easy access.
In fact I start from 0.2,0.5,0.8 etc...

The normal intervals are given below:

Blank is for desired value.

 

[columbus]

With SENSEX values

 

[columbus]

Last 6 months with SENSEX values

 

[Riya D]

Sensex Breached 20,000...
What follows next?

Source:
http://in.reuters.com/article/2013/01/15/sensex-tcs-maruti-bajaj-auto-idINDEE90E02Y20130115

 

[columbus]

Sensex Breached 20,000...
What follows next?

Source:
http://in.reuters.com/article/2013/01/15/sensex-tcs-maruti-bajaj-auto-idINDEE90E02Y20130115

Caution ... caution ....caution

 

[columbus]

Last 3 months with SENSEX values

 

[columbus]

Last 3 months with SENSEX values (eod=8/2/2013)
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