BollingerBands

[columbus]

Columbus said

Go long when Red,Green candles pierce the bottom band.
Go short when Green,Red candles pierce the top band.

Please continue with TREND if candles grazes TOP/BOTTOM
bands.[/I][/B][/B]Hi columbus
I don't get you
will you explain piercing Red Green the bottom band
is it green bar crossing high of red bar which pierces bottom band?
Thanks
Rgds

I hope this clarifies your doubt.

 

[shripadk]

Thanks Columbus
Got your point
Rgds

 

[columbus]

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

Go long when Red,Green candles pierce the bottom band.
Go short when Green,Red candles pierce the top band.

Please continue with TREND if candles grazes TOP/BOTTOM
bands.

Day is devoid of any fireworks at end of the day in either direction.

 

[columbus]

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

Go long when Red,Green candles pierce the bottom band,
Exit Green,Red hit the top band.

Go short when Green,Red candles pierce the top band
and Exit when Red,Green candles hit the bottom band.

Please continue with TREND if candles graze TOP/BOTTOM
bands.

 

[shripadk]

Hi Columbus
If possible,Will you please mark the trades on charts posted, you took in real time so that we get the exact feel of your thinking.We would love to learn from your experience and wisdom. Thanks a lot for your help

 

[columbus]

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

Go long when Red,Green candles pierce the bottom band,
Go short when Green,Red candles pierce the top band

Please continue with TREND if candles graze TOP/BOTTOM
bands.

 

[columbus]

Hi Columbus
If possible,Will you please mark the trades on charts posted, you took in real time so that we get the exact feel of your thinking.We would love to learn from your experience and wisdom. Thanks a lot for your help

Hi Shripad,

I was there in the market upto 1 o'clock.So I am presenting my
trades upto that period in ZOOM.What move afterwards?
The strategy I adopted was" Go short when Green,Red candles pierce the top band"

 

[columbus]

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

Go long when Red,Green candles pierce the bottom band,
Go short when Green,Red candles pierce the top band

Please continue with TREND if candles graze TOP/BOTTOM
bands.

Another DULL day.

 

[MurAtt]

Hi Shripad,

I was there in the market upto 1 o'clock.So I am presenting my
trades upto that period in ZOOM.What move afterwards?
The strategy I adopted was" Go short when Green,Red candles pierce the top band"

Hi Columus,

A Small Q -- why did you not SAR your trades ... or go long when you get a green candle piercing the lower BB. Both your trades in this are shorts!!

 

[columbus]

Hi Columus,

A Small Q -- why did you not SAR your trades ... or go long when you get a green candle piercing the lower BB. Both your trades in this are shorts!!

Hi Murtaza,

On that particular day I was a bit BEARISH on marketsThat was
main reason why my trades were bearish on that day.Generally
I take both trades.But the trade at 1310 at Lower Right was a great
and Fruitful LONG trades.But I was away from market.
No regrets.

I use Tradetiger, and it has no capability to draw PARABOLIC SAR.