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Bollinger bands

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ASHfx

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Quote from: SPRDI on February 09, 2019, 11:55:10 AM
bollinger band, being the main indicator as the default indicator of metatrader 4 & 5, this indicator is very good to use by any type of trader, and my suggestion to use this indicator as a daily analysis is to use the ideal timeframe for this indicator, H4
I also often use bollinger bands, with Tf 4H.

but I sometimes experience problems when graphic prices touch the upper bollinger band.

no reversal movement occurred.

for the settings whether using the 20 or 24 period is better
#61 - February 18, 2019, 11:57:27 PM

paidto

Quote from: DnsFx on February 18, 2019, 11:57:27 PM
I also often use bollinger bands, with Tf 4H.

but I sometimes experience problems when graphic prices touch the upper bollinger band.

no reversal movement occurred.

for the settings whether using the 20 or 24 period is better
I also saw many traders using the help of the bollinger band indicator to limit the range in the form of candles but there were different ones from all of them, that is, the settings could be different
#62 - February 19, 2019, 05:57:26 AM

ASHfx

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Quote from: paidto on February 19, 2019, 05:57:26 AM
I also saw many traders using the help of the bollinger band indicator to limit the range in the form of candles but there were different ones from all of them, that is, the settings could be different
Period arrangements must also be appropriate.
according to my experience a good period for bollinger is 24.

usually before forming the rest will reverse.
different from period 20 which always exceeds the rest.
and become signal fraud.
#63 - February 19, 2019, 06:06:52 AM

ageseko

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Quote from: DnsFx on February 19, 2019, 06:06:52 AM
Period arrangements must also be appropriate.
according to my experience a good period for bollinger is 24.

usually before forming the rest will reverse.
different from period 20 which always exceeds the rest.
and become signal fraud.
yes, that's how we have to understand the character of an indicator that we use to be able to trade well
#64 - February 19, 2019, 10:24:29 AM

ASHfx

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Quote from: ageseko on February 19, 2019, 10:24:29 AM
yes, that's how we have to understand the character of an indicator that we use to be able to trade well
sometimes the indicators that I use can generate a lot of profit.

but when used by others it becomes a loss.

maybe an indicator or strategy will work well if everything has something in common.

like a broker that is used the same. time used is the same. etc.
#65 - February 20, 2019, 12:34:56 AM

ageseko

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Quote from: DnsFx on February 20, 2019, 12:34:56 AM
sometimes the indicators that I use can generate a lot of profit.

but when used by others it becomes a loss.

maybe an indicator or strategy will work well if everything has something in common.

like a broker that is used the same. time used is the same. etc.
but I also see the fact that there is a group of traders in one group using the same techniques and brokers as well as their trading hours are the same but the results can be different
#66 - February 20, 2019, 11:34:21 AM

Chiffa

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Quote from: Agjsltn on February 09, 2019, 11:10:43 AM
Bollinger bands is the default indicator that is on mt4 / mt5 this indicator is very suitable to use when the market is in sideway conditions, the way to enter a position is when the candlestick forms the bottom line or the upper line of the Bollinger bands. This indicator is very suitable for scalping. but when the market is in an uptrend or downtrend this indicator is not suitable for me.
buy if the price reaches the Lower Band, and selling price compilation reaches the Upper Band.
simply like that for scalping.
However, in market trends, the trend of rising prices will continue to penetrate the Upper Band or Lower Band.
so you must be careful in using this indicator and always use stop loss to anticipate
#67 - February 21, 2019, 07:27:33 AM

paidto

Quote from: M.SbrFX on February 21, 2019, 07:27:33 AM
buy if the price reaches the Lower Band, and selling price compilation reaches the Upper Band.
simply like that for scalping.
However, in market trends, the trend of rising prices will continue to penetrate the Upper Band or Lower Band.
so you must be careful in using this indicator and always use stop loss to anticipate
the basic rules of bollinger bands are like that because the task of bands is to determine outside boundaries, but sometimes this theory cannot be used when market trending conditions occur
#68 - February 21, 2019, 10:33:35 AM

Chiffa

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Quote from: paidto on February 21, 2019, 10:33:35 AM
the basic rules of bollinger bands are like that because the task of bands is to determine outside boundaries, but sometimes this theory cannot be used when market trending conditions occur
therefore it always uses SL, so compilation occurs, our trails are not carried away by this current which makes the loss increase.

I think Bollinger will be better if we understand it correctly.
For me bollinger is one of the basics that must be known by traders.
#69 - February 21, 2019, 12:16:40 PM

bagaskara30

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Quote from: M.SbrFX on February 21, 2019, 12:16:40 PM
therefore it always uses SL, so compilation occurs, our trails are not carried away by this current which makes the loss increase.

I think Bollinger will be better if we understand it correctly.
For me bollinger is one of the basics that must be known by traders.
well I agree with you with the use of stop loss because the market does not always move according to our analysis. Bollinger bands in my opinion are very interesting indicators and can be easily understood because the shape is like a railroad track when the candle has moved too far then these Bollinger bands will pick it up. in my opinion the specialty of bollinger bands is that it is very suitable for use in market conditions that are experiencing sideways because candles only move up and down in the bollinger bands rail.
#70 - February 21, 2019, 12:29:58 PM

paidto

Quote from: bagaskara30 on February 21, 2019, 12:29:58 PM
well I agree with you with the use of stop loss because the market does not always move according to our analysis. Bollinger bands in my opinion are very interesting indicators and can be easily understood because the shape is like a railroad track when the candle has moved too far then these Bollinger bands will pick it up. in my opinion the specialty of bollinger bands is that it is very suitable for use in market conditions that are experiencing sideways because candles only move up and down in the bollinger bands rail.
using stoploss is a necessity that must be done to limit losses because whatever the technique is, there must be times when it does not match the conditions of price movements in the market
#71 - February 21, 2019, 12:39:26 PM

Chiffa

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Quote from: paidto on February 21, 2019, 12:39:26 PM
using stoploss is a necessity that must be done to limit losses because whatever the technique is, there must be times when it does not match the conditions of price movements in the market
but use stoplose wisely, because the use of stoplose is also not arbitrary, it takes several indicators such as SnR, Fibonacci etc. to determine the soup and rest area.

if I am personally a bollingerband it is only made a reference for decision making to open a position if other indicators such as high school also provide the same signal.
#72 - February 21, 2019, 02:14:16 PM

Gombloh

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Quote from: Agjsltn on February 09, 2019, 11:10:43 AM
Bollinger bands is the default indicator that is on mt4 / mt5 this indicator is very suitable to use when the market is in sideway conditions, the way to enter a position is when the candlestick forms the bottom line or the upper line of the Bollinger bands. This indicator is very suitable for scalping. but when the market is in an uptrend or downtrend this indicator is not suitable for me.
Many indicators has lagging to read the price because price running and then indicator calculate it then why sometimes we as trader confuse with it..the true indicator for me is the price that represented by candlestick it self
#73 - February 21, 2019, 05:51:09 PM

paidto

Quote from: M.SbrFX on February 21, 2019, 02:14:16 PM
but use stoplose wisely, because the use of stoplose is also not arbitrary, it takes several indicators such as SnR, Fibonacci etc. to determine the soup and rest area.

if I am personally a bollingerband it is only made a reference for decision making to open a position if other indicators such as high school also provide the same signal.
many also use bollinger bands as a signal to put ops, for example, I've seen people add 50 percent of the moving average, which when they cross the mid bands, they will put the op
#74 - February 22, 2019, 02:02:57 AM

Mochammad Rendy Setiawan

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Quote from: Agjsltn on February 09, 2019, 11:10:43 AM
Bollinger bands is the default indicator that is on mt4 / mt5 this indicator is very suitable to use when the market is in sideway conditions, the way to enter a position is when the candlestick forms the bottom line or the upper line of the Bollinger bands. This indicator is very suitable for scalping. but when the market is in an uptrend or downtrend this indicator is not suitable for me.
I try to combine bollinger and rsi 7, I use it on tf h1 and it is very helpful to know where the market is going and for the trend I use it because it helps determine the trend while the scalping is not against the trend. but people who don't use fibo and I'm helped by fibo for reflection
#75 - February 24, 2019, 03:25:46 AM
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