BollingerWorm !!!

[timepass]

In Trade Tiger also by choosing 3d(3-day) or 5d(5-day) you can plot the BB data from beginning.But I do not like to borrow values of previous day ,because it is no longer termed as INTRADAY.

Yes of course. But how are you getting the volume bars like that ? and in blue color too ... newbie question

 

[timepass]

Please check today's b'worm. Have I picked the sell and buy signals as per your instructions ?

 

[columbus]

Yes of course. But how are you getting the volume bars like that ? and in blue color too ... newbie question

If you choose any equity/future for plotting ,price and volume are plotted
automatically.But volumes are in YELLOW colour ,you can modify them to
any colour.

1.Right click on chart.

2.Choose VOLUME,click.

3.choose Sub-graph .(you will find Values,sub-graph,input....here)

4.Volumes will be in Yellow colour,change it to any colour.

 

[columbus]

Please check today's b'worm. Have I picked the sell and buy signals as per your instructions ?

Damn good.Please change the frame to a bit squarer.

 

[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 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).

 

[kittty]

visually stunning

 

[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 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).

Appears to be action-reply of yesterday.

 

[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 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).

Yet another day of action-reply of last 2 days.
Throughout the day after 1000AM ,market was range-bound between hardly 30 points.

 

[timepass]

The way I see it, unless a trader is very nimble or has caught the initial upmove, the only real trade came at the end of the day (between 14.25 bar and 15.10 bar). Because by the time a V or inverted V is formed and the trader takes his decision, one more bar has started and is on its way. Now the gap between the buy and sell is so low on such days that whatever low brokerage one may be paying, there won't be enough left after the STT etc..

just my 2c.

 

[columbus]

The way I see it, unless a trader is very nimble or has caught the initial upmove, the only real trade came at the end of the day (between 14.25 bar and 15.10 bar). Because by the time a V or inverted V is formed and the trader takes his decision, one more bar has started and is on its way. Now the gap between the buy and sell is so low on such days that whatever low brokerage one may be paying, there won't be enough left after the STT etc..

just my 2c.

Hi timepass,

I agree with you 100%.
Today NF moved by 70 points (5415 to 5485) in first hour ,but range-bound
in 20 points in next 5.5 hours.
It was not showing any weakness,so not even the last moment correction.