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.
Strategies & Market Trends : TA-Quotes Plus
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clark Wang who wrote (2762)12/30/1997 7:06:00 PM
From: Darth Trader   of 11149
 
<<<There is some danger using this approach. Bolliger said "A sharp move outside the bands followed by an immediate retracement of that move is a sign of exhaustion" >>>>

True.

In the Oct issue of Stocks and Commodities "on Using Volatility Bands", a trading system was established on these criteria:

1) The sysytem signals a buy when the closing prices are above the upper trading band three days in a row.

2) The system signals a buy when the currrent price closes above the upper band and the low price of the previous day was above the upper band or,

3) When the current low price is above the upper band and the closing price of the previous day was above the upper band.

The first three scenarios are responsible for most of the buy signals. The fourth scenario:

4) A buy is signaled when the closing price price rises significantly over a short period, that is, the current price closes above the upper band, and is 40% above the lowest price during the previous 11 days.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News