tag:blogger.com,1999:blog-2847890102780597763.post5852185462350329198..comments2023-10-30T05:35:52.421-07:00Comments on Reviewing Everything Forex: The Indicator Series : Understanding Bollinger BandsDanielhttp://www.blogger.com/profile/00940108413648645894noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2847890102780597763.post-70941022585207343092010-06-04T12:02:00.059-07:002010-06-04T12:02:00.059-07:00Hello Dee Dee,
Thank you very much for your comme...Hello Dee Dee,<br /><br />Thank you very much for your comment :o) The tutorial and website you mention are useful indeed but the problem is that usually the usage of Bollinger Bands is explained but no accurate analysis of the performance of any of the mentioned "ways of usage" over the long term is given. Of course, I understand that the general description of indicators is usually only provided as guidance and the complete creation of a system is up to each traded. It is however my objective to show how this real "tactics" are or not applicable to the mechanical exploitation of trading inefficiencies. Thanks again for your comment and tutorial link :o)<br /><br />Best Regards,<br /><br />Daniel FernandezDanielhttps://www.blogger.com/profile/00940108413648645894noreply@blogger.comtag:blogger.com,1999:blog-2847890102780597763.post-13740199733498289192010-06-04T11:25:27.392-07:002010-06-04T11:25:27.392-07:00My understanding of Bollinger Bands is that they p...My understanding of Bollinger Bands is that they provide an indication of whether prices are high or low on a relative basis--so prices are high at the upper bands and low at the lower band. As you note, sometimes from the upper band price reverts to the mean (middle band) but sometimes not. BBForex is a website that provides Bollinger Band analytics for the forex market and there are a good set of simple guidelines for using Bollinger Bands at http://www.bbforex.com/tutorial/?p=6. The site also has excellent charts even if you do not care about bbands.Unknownhttps://www.blogger.com/profile/06315317055155128895noreply@blogger.comtag:blogger.com,1999:blog-2847890102780597763.post-87374376082622597902010-06-04T03:50:17.833-07:002010-06-04T03:50:17.833-07:00Hello Maxim,
Thank you for your comment :o) I kno...Hello Maxim,<br /><br />Thank you for your comment :o) I know ! Definitely not by favorite indicator but well, it is all about diversification and the learning of new trading techniques. Since I had never been able to develop a long term profitable strategy based solely on Bollinger Bands I decided to put my mind to it and got some interesting results. Certainly you can expect an Asirikuy video about this soon :o) Thank you very much again for your comment,<br /><br />Best regards,<br /><br />DanielDanielhttps://www.blogger.com/profile/00940108413648645894noreply@blogger.comtag:blogger.com,1999:blog-2847890102780597763.post-71894599611629434192010-06-04T02:44:37.126-07:002010-06-04T02:44:37.126-07:00Hello Daniel,
I don't believe to what I read:...Hello Daniel,<br /><br />I don't believe to what I read: you and Bollinger bands! After all what you"ve told me about basing strategy on it? I wish you all the success in your mission!<br /> <br />MaximUnknownhttps://www.blogger.com/profile/15646016022916380485noreply@blogger.com