BollingerWorm !!!

[trade4joisar]

Today i was not very much sure on whether i should go long around 12:30 and go short around 13:45

Can you elaborate more on this? This confusion is because of riding trend when cutting BBs.

 

[columbus]

Today i was not very much sure on whether i should go long around 12:30 and go short around 13:45

Can you elaborate more on this? This confusion is because of riding trend when cutting BBs.

Hi t4j,

Sorry for late reply.

We had a strong BUY signal at 1230 ,as shown with full exit at around 5400.
Compared to a strong BUY signal ,we had a weak SELL signal at 1345.

Here goes the chart.

 

[Thakur PG]

Thanks for BB details. But this Boll. Worm little-bit different. I do not know how to construct EMA2H & EMA2L. At present I am trying to learn.

Thakur PG

 

[columbus]

Thanks for BB details. But this Boll. Worm little-bit different. I do not know how to construct EMA2H & EMA2L. At present I am trying to learn.

Thakur PG

HI Thakur,

That is the main reason ,why I give about it's construction everyday.
Yes ,a bit difficult to follow ,but a good INTRADAY technique.

 

[trade4joisar]

Hi t4j,

Sorry for late reply.

We had a strong BUY signal at 1230 ,as shown with full exit at around 5400.
Compared to a strong BUY signal ,we had a weak SELL signal at 1345.

Here goes the chart.

 

[columbus]

Hi t4j,

The line segments (yellow segments) of BB(20,1)TOP,SMA-20,and BB(20,1)Bottom
are small in case of a Rallies.This is because the candles
in EMA2l-2h lines tend to be of same colour (more or less) or big.

Whereas in case of a weak signal ,the segments will broaden.This is
because it contains both UP and DOWN candles.

The "inverted V" of last trading day exemplifies this. The LEFT leg is a strong
one whereas RIGHT one is rather weak one.

 

[columbus]

6.A If candles are sandwiched between OUTER of BB(20,1) and INNER band BB(20,2) then ride the trend .

6.B If either ema-2H or ema-2L is cut twice by either BB(20,2),BB(20,1) or
SMA-20 in quick succession ,it indicates a END of a trend.

6.C Continuation is indicated if both ema-2H and ema-2L are cut by SMA-20 and/or BB(20,1) and/or BB(20,2).

 

[timepass]

6.A If candles are sandwiched between OUTER of BB(20,1) and INNER band BB(20,2) then ride the trend .

6.B If either ema-2H or ema-2L is cut twice by either BB(20,2),BB(20,1) or
SMA-20 in quick succession ,it indicates a END of a trend.

6.C Continuation is indicated if both ema-2H and ema-2L are cut by SMA-20 and/or BB(20,1) and/or BB(20,2).

Baap re.. lots of rules for trading in real time during the quickies of day trade..

 

[columbus]

Baap re.. lots of rules for trading in real time during the quickies of day trade..

6. is divided into 6A+6B+6C. No new rules.

 

[timepass]

6. is divided into 6A+6B+6C. No new rules.

Yes, of course.