BollingerBands

[columbus]

Bro any suggestion for people like me who dont see chat as I am looking to short around 5275 like i entered at 5271 and covered 5245 today as it was not breaking

PT Bro,

Trading with a chart is good.

I like your signature line.

 

[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.

Except for the sprint before close, otherwise ATR was bad.

 

[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.

Except for the last half an hour ,the ATR was was poor.

 

[columbus]

Nifty of last 5 months with EOD:19.3.10.

 

[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.

 

[munnabhai208]

I am following your thread for couple of weeks now...I'm trading with BB in 4 & 5 min chart as there is no option of 6 min in investbulls site .Sir,What is the significance of TF 4,6 When trading with BB?

 

[columbus]

I am following your thread for couple of weeks now...I'm trading with BB in 4 & 5 min chart as there is no option of 6 min in investbulls site .Sir,What is the significance of TF 4,6 When trading with BB?

Hi Munnabhai,

As such no significance.In fact I was planning for 4,5 min only, when I discussed
the same thing, people were of the opinion that THEY ARE CLOSELY SPACED.
So I resorted to 4,6 min TF.6min TF is a little broader,that is all.

 

[munnabhai208]

Thank you sir for your clarification..and sharing such a wonderful system..

 

[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.

 

[Rkji]

columbus..awesome efforts & consistency in your thread :clapping:

if you are into forex, what deviation would you suggest for bollinger bands particularly for forex

i mainly use 4 hrs tf or 1 hr tf at times

thanks


regards
rishi