DislikedHey. Will someone please take their time to summerize what bollinger bands settings to use for each timeframe? and summerize what the entry rules are. Have been lurking this thread for a while but cant seem to get it. I get that first of all we need a confluence with 2 or more bands, and then we expect the price to bounce of which band? Do you only enter lon if all you bands are pointing in that direction? and same for short? How to recognize when we have a possible breakout? I love your system, seems solid as rocksIgnored
For example, I am currently watching the eur/usd, on m5 it broke upper BB 20, 100 and 360 if i look at same chart with same boilinge bands 15min there are 60pips until it touch 360band and there is a confluense with 20/100 band and a confluence with 100/360 band, does this indicate it will touch upper 360 band?
I think i am missing something, isnt the various timeframes going to point me in the same directions?
Im sorry for asking so much but i didnt quiet get the rules and settings.
Yours sincerely.