BollingerWorm !!!

[columbus]

In the old TT, I have observed misbehaviour of the 20MA when the graph is zoomed (Zoom box).

As long as 20-SMA divides inner and outer BBs into 2 perfect halves ,we need
not bother about minute values.There is a WHEEL on mouse,I use this wheel
to Zoom/Unzoom the chart.Though I use laptop ,I still prefer a mouse.(Reason:
I need not lean forward).

 

[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 other band 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 guidance in normal case also.

6.If candles are sandwiched between UPPER bands / LOWER bands
[BB(20,2) and BB (20,1)] ride the trend ,till Reversal is established.
[Both ema-2H and ema-2L are cut by BB(20,1)]

 

[columbus]

problem uploading charts.

 

[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 other band 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 guidance in normal case also.

6.If candles are sandwiched between UPPER bands / LOWER bands
[BB(20,2) and BB (20,1)] ride the trend ,till Reversal is established.
[Both ema-2H and ema-2L are cut by 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 other band 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 guidance in normal case also.

6.If candles are sandwiched between UPPER bands / LOWER bands
[BB(20,2) and BB (20,1)] ride the trend ,till Reversal is established.
[Both ema-2H and ema-2L are cut by 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 other band 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 guidance in normal case also.

6.If candles are sandwiched between UPPER bands / LOWER bands
[BB(20,2) and BB (20,1)] ride the trend ,till Reversal is established.
[Both ema-2H and ema-2L are cut by BB(20,1)]

 

[tinchu76]

[Both ema-2H and ema-2L are cut by BB(20,1)]


Columbus, When ever time permits pls explain it little further-Tks ( Is for reversal u r pointing out on a trendy day?)

 

[columbus]

[Both ema-2H and ema-2L are cut by BB(20,1)]


Columbus, When ever time permits pls explain it little further-Tks ( Is for reversal u r pointing out on a trendy day?)

Hi tinchu,

I was referring to the points marked A and B.

 

[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 other band 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 guidance in normal case also.

6.If candles are sandwiched between UPPER bands / LOWER bands
[BB(20,2) and BB (20,1)] ride the trend ,till Reversal is established.
[Both ema-2H and ema-2L are cut by 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 other band 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 guidance in normal case also.

6.If candles are sandwiched between UPPER bands / LOWER bands
[BB(20,2) and BB (20,1)] ride the trend ,till Reversal is established.
[Both ema-2H and ema-2L are cut by BB(20,1)]