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Your best band trading setup?

  • #1
  • First Post: Jan 12, 2011 8:29am Jan 12, 2011 8:29am
Hello

I'm designing my system to trade arround the band. I did try with Keltner and Bollinger

I have some bactesting success with bollinger band, but my questions is, Is there others band that I could work with?
What is your experienceyou like to work with? If so, on what time frame and setup parameters.

Martin
  • #2
  • Jan 12, 2011 8:56am Jan 12, 2011 8:56am
There is a nice BB scalping system here http://www.fxfisherman.com/forums/fo...-intraday.html

Also read everything by Ryanmcd. Also it would be a good idea to read the James16 thread and or the Technical Analysis Fallacy Thread. Those 2 threads
do not deal with the bands but they are a great addition.

Good luck.
Mike
  • #3
  • Jan 12, 2011 9:16am Jan 12, 2011 9:16am
Dean Malone started a group called Compass FX that offers a method called "synergy" which uses a band similar to what you are looking for. It is a 5 period smoothed MA of the high and a 5 period smoothed moving average of the low. This combined with heiken ashi candles and a freely available indicator called "traders dynamic index" is the basic set up.

I personally don't use this method but have seen it is a very solid trading system that is consistent when used the way its meant to be used.

You can learn more about it here: http://www.compassfx.com/synergy/default.htm

Good luck
  • #4
  • Jan 13, 2011 4:01am Jan 13, 2011 4:01am
Quoting tubguy
There is a nice BB scalping system here http://www.fxfisherman.com/forums/fo...-intraday.html

Also read everything by Ryanmcd. Also it would be a good idea to read the James16 thread and or the Technical Analysis Fallacy Thread. Those 2 threads
do not deal with the bands but they are a great addition.

Good luck.
Mike
Thanks Mike

Wow! I did learned something here.
Quote

If you see the market is in a strong trend down do not enter a buy position until price has penetrated the Centre line of the Bollinger Bands up to ensure the trend is over.

The same rule applies for a strong up trend; do not enter a sell position until price has penetrated the Centre Bollinger Band.

I will had, wait for the 2' retest of the high or the low before going opposite

That was a missing link for me

Martin
  • #5
  • Jan 13, 2011 4:06am Jan 13, 2011 4:06am
Quoting gspajon
Dean Malone started a group called Compass FX that offers a method called "synergy" which uses a band similar to what you are looking for. It is a 5 period smoothed MA of the high and a 5 period smoothed moving average of the low. This combined with heiken ashi candles and a freely available indicator called "traders dynamic index" is the basic set up.

I personally don't use this method but have seen it is a very solid trading system that is consistent when used the way its meant to be used.

You can learn more about it here: http://www.compassfx.com/synergy/default.htm...
Thanks gspajon

Always there to help others
Very kind of you
  • #6
  • Last Post: Oct 9, 2013 11:08am Oct 9, 2013 11:08am
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