four 5,087 posts msg #129553 - Ignore four modified |
7/2/2016 2:19:02 PM
Investigate (...I don't have a favorite)
http://bollingerbandgenius.com/bollinger-bands/short-term-buying-signals/
Work with this and see what works for you...?
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pthomas215 1,251 posts msg #129556 - Ignore pthomas215 |
7/2/2016 6:29:55 PM
Thank you. I've been going through all of them here for the past month and find it so interesting. this stuff can be overwhelming sometimes. so much data. appreciate it.
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four 5,087 posts msg #129557 - Ignore four modified |
7/2/2016 6:54:13 PM
Have you noticed... a theme to the filters (a favorite theme/pattern but no favorite filter...)
usually two indicators (1. more days 2. fewer days)
usually a high is met and then a need to stay above a threshold and the fewer days is going to make a low for the trade : Opposite for short ( a low is met and a need to stay below a threshold and the fewer days is going to make a high for the trade)
See below
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four 5,087 posts msg #129558 - Ignore four modified |
7/2/2016 10:33:13 PM
http://www.forbes.com/sites/toddganos/2011/12/15/wise-up-normal-market-behavior-is-not-normal-but-crazy-is/#41b80049597f
--------------------------------------------------------
- Hindsight -
144 results from Monday June 27, 2016 - Close Results
Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex.
--
Mon 27th to Fri 1st
141 winners Vs 3 losers
winners: 2% - 12%
losers: -3% to -.25%
--
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pthomas215 1,251 posts msg #129559 - Ignore pthomas215 |
7/2/2016 11:41:58 PM
I never thought about it like that. I think I follow you, just by looking at the chart. I have always just looked at rsi and williams but this helps. does this accomplish the same concept?
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four 5,087 posts msg #129560 - Ignore four modified |
7/3/2016 12:29:49 AM
Let's start from scratch. Start by understanding my post.
View the below information and image and then answer the questions.
There are two Bollinger %B:
bollinger %B(40,5)
bollinger %B(5,5)

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pthomas215 1,251 posts msg #129561 - Ignore pthomas215 |
7/3/2016 12:59:12 AM
ok. 1. b40, 5 is longer
2. b5,5 is shorter
1.longer indicator must break above . 5
2. longer indicator must stay above.6
for short longer indicator must hit and remain below .5
I think I understand most of it conceptually. so a stock is in a certain range for most of the time and Im trying to catch it when it goes outside the range. i suppose the june 27th data threw me off
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four 5,087 posts msg #129563 - Ignore four modified |
7/3/2016 1:10:07 AM
Your answers and (My comments are in bold)
ok. 1. b40, 5 is longer (TRUE)
2. b5,5 is shorter (TRUE)
LONG
longer indicator must break above . 5 (break above .6)
longer indicator must stay above.6 (remain above .5)
(bollinger %B(5,5) below .4)
Now you do the SHORT entry...
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pthomas215 1,251 posts msg #129564 - Ignore pthomas215 |
7/3/2016 1:50:14 AM
short:
longer indicator must break below .6
longer indicator must stay below .5
bollinger %B(5,5) above .6
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four 5,087 posts msg #129565 - Ignore four |
7/3/2016 11:51:15 AM
Your answers and (My comments are in bold)
short:
longer indicator must break below .6 (break below .5)
longer indicator must stay below .5 (stay below .6)
bollinger %B(5,5) above .6 (TRUE)
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