Bollinger Bands: defining the Stop

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Bollinger Bands: defining the Stop


Bollinger Bands: defining the Stop

Author: eMoe


This strategy opens a position in the middle of an uptrend/downtrend, after forming a hollow/peak. The main distinctive feature of this strategy is that it uses the Bollinger Bands value to define the Stop for the opened position: it measures the distance between a Bollinger Band, and the peak/hollow, and this distance becomes the stop distance. The picture illustrates how this is handled for the Sell position, although for Buy positions the logic is identical.







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No Member Photo by Demarco posted Thursday, April 29, 2010
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Emoe, this strategy is amazing. Thanks fos an excellent job!!
No Member Photo by eMoe posted Sunday, December 20, 2009
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No, it does not. It finds a peak, the hollow before the peak, and the difference between them, and when the price goes halfway down/up, it opens the position
No Member Photo by alex posted Friday, December 18, 2009
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Does this strategy use Bollinger Bands for Entry points as well?
No Member Photo by E.W. posted Friday, December 18, 2009
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Thanks a lot, EMoe!


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