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?
|
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)
|
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
|
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...
|
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
|
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)
|
four 5,087 posts msg #129566 - Ignore four modified |
7/3/2016 1:01:39 PM
Here is another... using your rsi (trigger) and williams (longer trend)
|
pthomas215 1,251 posts msg #129567 - Ignore pthomas215 |
7/3/2016 1:22:33 PM
thank you four. Im getting there. do you use that last one you posted with williams and rsi as a filter?
|
four 5,087 posts msg #129568 - Ignore four |
7/3/2016 1:33:24 PM
I just put it together because you, previously, mentioned using rsi and williams.
Glad my charts are making sense to you!
|
pthomas215 1,251 posts msg #129569 - Ignore pthomas215 |
7/3/2016 1:38:10 PM
yeah it helps. just thinking in terms of more days, fewer days helps understand trending.
|