BollingerWorm !!!

[niftytaurus]

Good afternoon Columbus Sir
Sorry to bother you again..but I have lot of confusions when i applied rule 7& rule 8 in live market..if you can please explain it by a chart..
I break up the sentence of rule 7& 8 to understand it better..please check is my understanding correct..
Rule 7-
TO identify a end of trend, ONLY ONE OF the following conditions should be fulfilled:-


a) If" ONLY EMA-2H[/COLOR] is cut TWICE by BB(20,2) in a QUICK SUCCESSION
or
b) IfONLY EMA-2H is cut TWICE by BB(20,1) in a QUICK SUCCESSION
or
c) IfONLY EMA-2H is cut TWICE bySMA-20 in a QUICK SUCCESSION or
D) IfONLY EMA-2L is cut TWICE by BB(20,2) in a QUICK SUCCESSION or
E) If ONLY EMA-2Lis cut TWICE by BB(20,1) in a QUICK SUCCESSION or
F)If] ONLY EMA-2L is cut TWICE by][SMA-20] in a QUICK SUCCESSION

RULE -8 TO SEE WHETHER TREND WILL BE CONTINUE ,ANY ONE CONDITION should be fulfilled:-
a) BOTH EMA 2H & EMA 2L IS CUT BY SMA-20 AND BB(20,1) ( CUT BY BOTH) or
b)BOTH EMA 2H & EMA 2L IS CUT BY SMA-20 OR BB(20,1)( CUT BY ANY ONE)or
c)BOTH EMA-2H & 2L IS CUT BY SMA-20 AND BB(20,2) (CUT BY BOTH )or
d)BOTH EMA-2H & 2L IS CUT BY SMA-20 OR BB(20,2)(CUT BY ANYONE)

Regards & thanks

 

[columbus]

Good afternoon Columbus
Sorry to bother you again..but I have lot of confusions when i applied rule 7& rule 8 in live market..if you can please explain it by a chart..
I break up the sentence of rule 7& 8 to understand it better..please check is my understanding correct..
Rule 7-
TO identify a end of trend, ONLY ONE OF the following conditions should be fulfilled:-


a) If" ONLY EMA-2H[/COLOR] is cut TWICE by BB(20,2) in a QUICK SUCCESSION
or
b) IfONLY EMA-2H is cut TWICE by BB(20,1) in a QUICK SUCCESSION
or
c) IfONLY EMA-2H is cut TWICE bySMA-20 in a QUICK SUCCESSION or
D) IfONLY EMA-2L is cut TWICE by BB(20,2) in a QUICK SUCCESSION or
E) If ONLY EMA-2Lis cut TWICE by BB(20,1) in a QUICK SUCCESSION or
F)If] ONLY EMA-2L is cut TWICE by][SMA-20] in a QUICK SUCCESSION

RULE -8 TO SEE WHETHER TREND WILL BE CONTINUE ,ANY ONE CONDITION should be fulfilled:-
a) BOTH EMA 2H & EMA 2L IS CUT BY SMA-20 AND BB(20,1) ( CUT BY BOTH) or
b)BOTH EMA 2H & EMA 2L IS CUT BY SMA-20 OR BB(20,1)( CUT BY ANY ONE)or
c)BOTH EMA-2H & 2L IS CUT BY SMA-20 AND BB(20,2) (CUT BY BOTH )or
d)BOTH EMA-2H & 2L IS CUT BY SMA-20 OR BB(20,2)(CUT BY ANYONE)

Regards & thanks

@niftytaurus,

Covered Point.7a,7b & 7c.Others in Point.7 are similar to these ,but on 2L instead of 2H.
Rest later since it will cluster the graph.

 

[columbus]

RULE -8 TO SEE WHETHER TREND WILL BE CONTINUE ,ANY ONE CONDITION should be fulfilled:-
a) BOTH EMA 2H & EMA 2L IS CUT BY SMA-20 AND BB(20,1) ( CUT BY BOTH) or
b)BOTH EMA 2H & EMA 2L IS CUT BY SMA-20 OR BB(20,1)( CUT BY ANY ONE)or
c)BOTH EMA-2H & 2L IS CUT BY SMA-20 AND BB(20,2) (CUT BY BOTH )or
d)BOTH EMA-2H & 2L IS CUT BY SMA-20 OR BB(20,2)(CUT BY ANYONE)

 

[columbus]

Nifty 28.8.14

First few candles were removed.

 

[columbus]

nifty 5.9.14

 

[columbus]

NIFTY 19/9/14

 

[enrique]

gr8 thread .salute to you sir for beautiful and untiring effort.

 

[columbus]

NIFTY 10.10.14

 

[columbus]

NIFTY 17.10.14

 

[sripathilc]

Hi Columbus,
Does the strategy have a positive expectancy on higher time frames say 15 min or 1 hour with continuous data. ?

Thanks , sripathi