SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Perfect Hedge who wrote (4348)12/3/1997 1:38:00 PM
From: SJS  Read Replies (1) of 95453
 
Bolinger Bands query (someone can share their vast knowledge)

I am using Internet Trader and it can display bolinger bands around the price tick (as well as minute and daily chart). I am wondering about the settings for these. 3 simple queries (and a few more to come later....<g>) and 1 longer one..

1) What do people use for the Period? I am using 21 days.

2) For the BBH and BBL, what standard deviation multiplier is used? IT defaults to 2. Is that reasonable?

3) Is it reasonable to use BB around price tick graph, or use it on a daily graph, or both?

4) OK, now I have 3 multi-colored lines on my chart. How the heck does this help you understand what's going on? Any short advise here (other than go read a book) might be helpful.

Thanks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext