FLAT Bollinger Band System

Flat Bollinger Band (BB) System. For the basic we use TF H1.

Parameters for H1 as below:

Bollinger Band 24 (24 hour) for daily apply HLCC/4
Bollinger Band 120 (120 hour) for weekly apply HLCC/4
Bollinger Band 480 (480 hour) for monthly apply HLCC/4

Then check, any one of that three BB is in FLAT condition?

If no one FLAT you need to wait or go to others pairs.

If you found one of three BB is FLAT! then... Check the price position!

Is price now on the lower or upper area of that FLAT BB? If yes.. check is the price now rebound? If Yes you can entry here.

How do we know she is now rebound? Until this point actually we can use any indicator. The very important is, now we know that BB is FLAT and we know the price position!

But normally we use Simple Moving Average (SMA) only. In H1 We can use MA4 cross MA8 and entry. Sorry for MACD below, actually that is not use! But if you want to use MACD plase set parameter to 4,8,1 (for H1 only)

If you want to entry in M15 you can use MA16 cross MA32 (H1 = 4 x M15) or MACD 16,32,1

Check the picture, Entry point is 1,3 and 5. At 1,3 BB daily and BB weekly is FLAT and after you see the pullback you can go long here! And at point 5 BB weekly is FLAT and you can go short here after you see the pull back.

This is BB Monthly and using 2 band, standard deviation 1 (SD1) and standard deviation 2 (SD2). See the price pullback from band SD1 and SD2 of Monthly Bollinger Band.

Let check on CHF

Thanks for sharing your system. I am really having a hard time understanding you though. Could you possibly do a closer picture of your entry and what made you enter (what the pullback is) and also the exits. In a step by step example. Also I guess I could ask if that indicator you have helps you at all or if it is for something else.

Thanks

let we see on small TF below (M15) using BB daily. If on H1 we use BB 24, so on M15 we use BB 96 Just to see clearly the entry point.

Please see my prev post. That is on M15. Pullback is the opposite off break. If can not break the support or resistance mean price will return to center of bollinger band. Return I call pullback. Exit is a target, normally is in the center of bolliger band. You can put stop below lower BB or above upper BB.

Sorry for my english

Don't be sorry for your english.

I appreciate your efforts. So it looks like you are entering off the cross of the Moving averages? Is that correct? All the rest i think i understand.

Now how do i get one of those BB Flat indicators you have?

Juicyt

After we see the price position then for confirmation we can use any indicator. Some body use candle stick some thing like Engulfing, harami or other. On the above picture (TF H1) I use Moving Average 4 close and 4 hour open (apply to close and apply to open) Why 4 hour, coz 4 hours is the smallest unit of business time. I mean every business every 4 hour the take the rest. Or MA 4 cross MA 8 (8 hour working time a day) or MA 8 cross MA 24 if we play in weekly BB.

In this system we need to see the big map first. Yearly FLAT? if so we may have the big chance to get the big pips. Then check monthly, weekly and daily. If no one FLAT mean we need to check an other pair at this time.

The indicator please wait coz I need to talk to who give me the license to use. Temporary we can check the FLAT condition by visual...

Ok i understand all of that, thank you.

The only other questions i have are regarding your results or testing. What kind of results have you achieved live or back testing?

Juicyt

Could you post your indicators with the template?

For the indicator please wait coz I need to talk to who give me the license to use. Temporary we can check the FLAT condition by visual... please be patient...

Why we use Bollinger Band? We used Bollinger Bands is to determine the strength of price movement. In the BB indicator, the middle band actually is the Moving Average, Upper Band is a limit on the standard deviation or positive and Lower band is the standard deviation under the limit or negative.

We need to understand the meaning the value of the standard deviation (about this I believe that you more understand).

* The value 1 means the primary distribution of data between the level of +1 SD and -1 SD probabilitynya is 68.27%.

* 2 SD value means the distribution of data between levels +2 SD and -2 SD probabilitynya is 95.45%.

* The value 3 means SD of the distribution of data-level SD +3 SD and -3 probabilitynya is 99.73%.

So if found the BB FLAT and price playing around upper or lower BB SD3 that mean probability return to the center of BB is very high. That why we use this. On big map like monthly BB we often found price can not break SD1. This also chance for entry.

More about BB please see www.bollingerband.com

OK now you can download the FLAT indi below and my template for H1.
4 M = for 4 month period. 8 H = for 8 hours (may be some time we need this)

For template:
Red color is BB daily (period 24)
Blue color is BB weekly (period 120)
Yellow is BB Monthly (period 480)

Note:
1 day 24 hours
1 week 24 x 5 days = 120 hours
1 month 120 x 4 weeks = 480 hours (use simple calculation)

Flat detector: (for weekly on page 2)
Yellow = Flat
Blue = Bull
Red = Bear

Hi

Do you apply all these indi's to a 1 hour chart or different time frames?

Do you place the bands on the price as well?

There is no flat detector for weekly, any reason?

Go long for GU now visually BB weekly is FLAT and price rebound (prev. I call pull back) from lower BB SD2. Is MA 4 close already cross with MA 4 open? For this confirmation see TF M15 below. On M15 MA 4 become MA 16.

EUR-JPY now under monitoring. BB Weekly now flat and price on the lower BB SD1 area. If conform rebound from here --base on this system-- go long!

This indi show the same in all TF. If in H1 show FLAT and in M5 also show FLAT.

For question no.2 I can not understand yet the question, very sorry due to my poor english.

No. 3, I forgot to upload. Please find below.

Oh.. can we get center of BB weekly? One post already save to BEP+1 and the other just +3 ....

EUR-JPY: Monitoring point change! Yesterday we monitor SD1 of BB Weekly, now break and price goto SD1 BB Monthly. Monthly BB now is FLAT. If we can not break this lower BB of Monthly BB SD1, we can go long.