BollingerWorm !!!

Do you feel BolligerWorm better than BollingerBand?

  • YES

    Votes: 73 70.2%

  • NO

    Votes: 31 29.8%
  • Total voters
    104
columbus

columbus

Well-Known Member
#191
#191
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 and re-enters the body.

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

 
columbus

columbus

Well-Known Member
#192
#192
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 and re-enters the body.

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

 
columbus

columbus

Well-Known Member
#193
#193
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 and re-enters the body.

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



I think some problem with datafeed from 1400~1500.
and also LOW of the day. (5393=??????I think it was 5793???)
 
V

vinst

Well-Known Member
#194
#194
columbus said:
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 and re-enters the body.

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



I think some problem with datafeed from 1400~1500.
and also LOW of the day. (5393=??????I think it was 5793???)
Click to expand...

Just to try and understand,
today Nifty should have been shorted at 13:45 and 14:15 (approx.) as ema2H went above BB_up and then came below it. Where would these shorts have been closed since 'the worm' didn't touch opposite band after that till end of day?
 
columbus

columbus

Well-Known Member
#195
#195
vinst said:
Just to try and understand,
today Nifty should have been shorted at 13:45 and 14:15 (approx.) as ema2H went above BB_up and then came below it. Where would these shorts have been closed since 'the worm' didn't touch opposite band after that till end of day?
Click to expand...
Valid and Good question.Actually I am skipping another pair of lines pertaining
to BB(20,1) for clarity [point.5 of my everyday report.].If the lines are
crossed comprehensively we go other targets.So the strategy would look
like this, in this case.

Short---BB(20,1)....Midline&Target.1....BB(20,1).....BB(20.2),Exit&Target.2

You will understand it better if these BB(20,2)& BB(20,1) are plotted.

 
columbus

columbus

Well-Known Member
#196
#196
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 and re-enters the body.

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

 
columbus

columbus

Well-Known Member
#197
#197
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 and re-enters the body.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidence in normal case also.


 
columbus

columbus

Well-Known Member
#198
#198
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 and re-enters the body.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidence in normal case also.


 
columbus

columbus

Well-Known Member
#200
#200
Excellant linkon7 !!!

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 and re-enters the body.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidence in normal case also.


 
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