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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Jerry Olson who wrote (23841)5/21/1999 10:54:00 AM
From: Chip McVickar  Read Replies (3) of 44573
 
OJ,

I like the Bollinger Bands...they give you a sense of the momentum from the volume side...
I vary the daily settings to the cycle at hand.
Today they are set at Len 21 - std dev=233
Using a 5 minute chart

BBands outer lines need to contain 90% of the activity and this can change with the psyche of the players
The Len can be adjusted to what ever sensitivity you are trading.

This is some what unorthodox....but it works

Then I look at momentum and volume
Chip
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