BollingerWorm !!!

[columbus]

1.Use standard Bollinger Bands ,that is, bb(s,20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the band,of the other colour.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1).

 

[columbus]

1.Use standard Bollinger Bands ,that is, bb(s,20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the band,of the other colour.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1).

 

[columbus]

1.Use standard Bollinger Bands ,that is, bb(s,20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the band,of the other colour.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1).

 

[columbus]

1.Use standard Bollinger Bands ,that is, bb(s,20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the band,of the other colour.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1).

 

[S-1585]

1.Use standard Bollinger Bands ,that is, bb(s,20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the band,of the other colour.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1).

Hello Columbus,

Is this a strategy to trade range market or trending market?
I see it can do well in ranging market.
In trending market, this strategy might give counter-trend trade those result into losses.

Just trying to understand what is the trade set-up. I may be wrong.

Thanks!!!

 

[columbus]

Hello Columbus,

Is this a strategy to trade range market or trending market?
I see it can do well in ranging market.
In trending market, this strategy might give counter-trend trade those result into losses.

Just trying to understand what is the trade set-up. I may be wrong.

Thanks!!!

Hello S-1585,

You are Correct.Yes in Ranging market ,it is better than Trending market.
Sometimes in Trending market, it is doing fine.
Just take today's market.Between 1200-1300 it was recommanding to put
SHORTs.I did not do it because SBI-ICICI-Rel-Inf were doing very well at
that time.Then what happened you know.Then I put a LONG at 5240.Exited
at 5300.

 

[ayush2020]

columbus i think 12.00-13.00 market came down ..around 13.00 hour it has given perfect short ....

 

[columbus]

columbus i think 12.00-13.00 market came down ..around 13.00 hour it has given perfect short ....

Hi ayush,

YES,Method says if envelope comes out of boundary and comes into the Band
initiate an Order.( here it is GREEN boundary ,hence SHORT order).

 

[columbus]

1.Use standard Bollinger Bands ,that is, bb(s,20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the band,of the other colour.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1).

 

[columbus]

1.Use standard Bollinger Bands ,that is, bb(s,20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the band,of the other colour.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1).

WOW!!! What a rise ?