BollingerBands

[Raju]

Hi Columbus,

Great help ! Thanks a lot Sir.

Thanks,
Raju

 

[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(ride) TOP/BOTTOM
bands.

It is rare to see a candle from bottom band (almost)
to hit top band.

 

[columbus]

*****************************************************************
wishing all boarders and their families
a happy,healthy and prosperous new year.
*****************************************************************

 

[columbus]

Earlier we had markets from 0955-1530 for a total of 335 minutes.
Now the market timings are revised from 0900-1530 for a total
of 390 minutes.

Earlier at 3min TF it yields to 112 ,at 4 min TF to 84 and at 5 min
TF to 67 samples approx.

Now the same worked out to 130,98,and 78 respectively.That means
additional samples of 18,14 and 11.

Now we have to rework which time frames suits our needs.
Perhaps 4min and 5 min will yield good results and also keeping
in view that markets will be eventually opened upto 1700 in
future.

 

[enygma]

Columbus,

Do not you think 4 and 5 are too close? Perhaps we would need to explore with 4 and 7 or some such number ..

Interesting times ...

Regards,
Enygma.

Earlier we had markets from 0955-1530 for a total of 335 minutes.
Now the market timings are revised from 0900-1530 for a total
of 390 minutes.

Earlier at 3min TF it yields to 112 ,at 4 min TF to 84 and at 5 min
TF to 67 samples approx.

Now the same worked out to 130,98,and 78 respectively.That means
additional samples of 18,14 and 11.

Now we have to rework which time frames suits our needs.
Perhaps 4min and 5 min will yield good results and also keeping
in view that markets will be eventually opened upto 1700 in
future.

 

[columbus]

Columbus,

Do not you think 4 and 5 are too close? Perhaps we would need to explore with 4 and 7 or some such number ..

Interesting times ...

Regards,
Enygma.

Enygma,

I think they are pretty close.Time Frame 6min is another option.
Anyway,we will take decision once we gather the data.

 

[magnanimous]

Hi Mr. Columbus,

God Bless you & Keep you Safe Not Only Today But Throughout Life That is coming In your Way. May Year To Follow Be Among The Best you've ever Spend.

WISHING YOU A VERY HAPPY NEW YEAR

Madhav

 

[columbus]

Hi Mr. Columbus,

God Bless you & Keep you Safe Not Only Today But Throughout Life That is coming In your Way. May Year To Follow Be Among The Best you've ever Spend.

WISHING YOU A VERY HAPPY NEW YEAR

Madhav

Hi magnanimous,
Thank you and I wish the same.I pray God,let 2010 be a very
very eventful and profitable year for you.

WISHING YOU A VERY HAPPY NEW YEAR

 

[bandlab2]

i am not able to understand how does the increase in trading hours effect our time frame ? its always last N bars. we look back , not forward.

also i think the voumes will be less till 9:55 (becuase of traffic and old habbits)..

 

[Raghavacc]

Hi Columbus,

Wish you a healthy and more wealthy year ahead and all of us are grateful for your superlative endeavour to share the "wealth" with all of us throughout last year.

May god bless you with endless prosperity.

Regards
Raghav