BollingerWorm !!!

Do you feel BolligerWorm better than BollingerBand?

  • YES

    Votes: 73 70.2%
  • NO

    Votes: 31 29.8%

  • Total voters
    104

vikrit

Well-Known Member
In search box of Traderji , type GANN.You try threads recent or your choice.
To start with try very recent one," Trading with Minifty with 2 lac capital"
by Kavipriy or with the one by Santosh.
thanks i will.
accord.to bw where u took first trade today?
i guess if waited to form boll then short when spot at 5242 around.
 

columbus

Well-Known Member
thanks i will.
accord.to bw where u took first trade today?
i guess if waited to form boll then short when spot at 5242 around.
Now-a-days I am trading in Options,and since a power shut down was there
upto 1200hr ,I started accumulated CE options upto 1300 hrs and exited at 1430.
 

columbus

Well-Known Member

columbus

Well-Known Member
Which one you prefer only BB or Bollinger worm for your trade Thanks
B.worm for intraday and B.band for positional trades (if any).
 

columbus

Well-Known Member
Columbus,

For Option trades do u use Option charts or NF charts and trade accordingly?
Hi tinchu76,

I always keep open TWOcharts one--Options and another--Futures.
Even if i trade I always keep OPEN two charts with different time
frames.
 

columbus

Well-Known Member
1.Use standard Bollinger Bands ,that is, bb(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 OUTER of BB(20,1) and INNER band
BB(20,2) then ride the trend .

7.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.

8.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).