BollingerWorm !!!

[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).

 

[stoch_guy]

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).

Why dont u write ur trades here, during market hours ?

 

[timepass]

Why dont u write ur trades here, during market hours ?

Not necessary, but just highlight your entry & exit points as you used to earlier. I see that we have moved away from blank bars to colored bars.. I think that with tweaks, this will be a fine system for intraday.

 

[columbus]

Why dont u write ur trades here, during market hours ?

Generally I do not write during market hours.During market hours my laptop
gets loaded with NOW and Sharekhan TT ,they will take lot of memory and
some times my internet connection disconnects.In this scenario adding
Traderji is not advisible.

Not necessary, but just highlight your entry & exit points as you used to earlier. I see that we have moved away from blank bars to colored bars.. I think that with tweaks, this will be a fine system for intraday.

Earlier I used to highlighten entry/exit with BIG dots,just to add what is in
my mind.I think all of you ,followed it pretty well.So I discontinued it ,because
it will save lot of my time.
In Old version of TT ,by pressing "R",we can get blank candles.But in new
version ,there is no such provision.(Atleast I do not know)So I am using
BAR chart instead.

 

[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).

As I am facing problem with NIFTY-Futures ,I am putting Minifty chart
which follows NIFTY Fut.

 

[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).

Points to be noted:

1.Data Feed between 1400~1500 is unstable.
2.values pertaing to April futures.

Action Replay 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).

Nifty did not fell as much as anticipated ,despite the fact that SBI(deep fall),
Infy(moderate fall),Reliance (moderate fall) and ICICI (deep fall) due to
one reason that MIDCAP index was in POSITIVE terrotary.

 

[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).



For a change BANKNIFTY is plotted today.

Facing problem with TT.2.

 

[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).

Between 1200~1400 ,datafeed problem.

 

[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).