BollingerBands

[columbus]

BB(20,2) of nifty futures on time frame 4,6min are presented below.

Go long when Red,Green candles pierce the bottom band and wait for 15minutes
for confirmation after taking position, otherwise come out with stoploss

Go short when Green,Red candles pierce the top band and wait for 15minutes
for confirmation after taking position , otherwise come out with stoploss

Otherwise continue with TREND if candles graze(ride) TOP/BOTTOM
bands.

(Problem with AVG20 in TF=4min)

 

[columbus]

BB(20,2) of nifty futures on time frame 4,6min are presented below.

Go long when Red,Green candles pierce the bottom band and wait for 15minutes
for confirmation after taking position, otherwise come out with stoploss

Go short when Green,Red candles pierce the top band and wait for 15minutes
for confirmation after taking position , otherwise come out with stoploss

Otherwise continue with TREND if candles graze(ride) TOP/BOTTOM
bands.

Choppy days have returned.

 

[columbus]

BB(20,2) of nifty futures on time frame 4,6min are presented below.

Go long when Red,Green candles pierce the bottom band and wait for 15minutes
for confirmation after taking position, otherwise come out with stoploss

Go short when Green,Red candles pierce the top band and wait for 15minutes
for confirmation after taking position , otherwise come out with stoploss

Otherwise continue with TREND if candles graze(ride) TOP/BOTTOM
bands.

Short covering was seen in the end session.

 

[columbus]

Nifty Chart of last few months EOD:19.2.10.

 

[columbus]

BB(20,2) of nifty futures on time frame 4,6min are presented below.

Go long when Red,Green candles pierce the bottom band and wait for 15minutes
for confirmation after taking position, otherwise come out with stoploss

Go short when Green,Red candles pierce the top band and wait for 15minutes
for confirmation after taking position , otherwise come out with stoploss

Otherwise continue with TREND if candles graze(ride) TOP/BOTTOM
bands.

 

[columbus]

BB(20,2) of nifty futures on time frame 4,6min are presented below.

Go long when Red,Green candles pierce the bottom band and wait for 15minutes
for confirmation after taking position, otherwise come out with stoploss

Go short when Green,Red candles pierce the top band and wait for 15minutes
for confirmation after taking position , otherwise come out with stoploss

Otherwise continue with TREND if candles graze(ride) TOP/BOTTOM
bands.

The same graph WITHOUT WICKS is also shown here.
Will it be of any use?

 

[columbus]

BB(20,2) of nifty futures on time frame 4,6min are presented below.

Go long when Red,Green candles pierce the bottom band and wait for 15minutes
for confirmation after taking position, otherwise come out with stoploss

Go short when Green,Red candles pierce the top band and wait for 15minutes
for confirmation after taking position , otherwise come out with stoploss

Otherwise continue with TREND if candles graze(ride) TOP/BOTTOM
bands.

After the extended timings, the markets has become too CHOPPY
and range bound,barring a couple of times.

 

[scplindia]

thanks columbus, useful info.
regards

 

[now]

thanks columbus, useful info.
regards

Indeed :thumb:

 

[columbus]

BB(20,2) of nifty futures on time frame 4,6min are presented below.

Go long when Red+Green candles pierce the bottom band and wait for 15minutes
for confirmation after taking position, otherwise come out with stoploss

Go short when Green+Red candles pierce the top band and wait for 15minutes
for confirmation after taking position , otherwise come out with stoploss

Otherwise continue with TREND if candles graze(ride) TOP/BOTTOM
bands.