Forex Software — Bollinger Band outer band price tag as entry signal?

Re: Bollinger Band outer band price tag as entry signal?

null@example.com (smithid) — Wed, 03 Mar 2010 06:21:50 +0000

Excellent!

Thank you!

Re: Bollinger Band outer band price tag as entry signal?

null@example.com (Popov) — Wed, 03 Mar 2010 00:44:16 +0000

Set BB in the "Opening Point of the Position" slot.
If you want to enter long at the upper band and respectively, enter short at the lower band, chose the "Enter long at the upper band" logic rule.

Re: Bollinger Band outer band price tag as entry signal?

null@example.com (smithid) — Tue, 02 Mar 2010 21:16:16 +0000

The Bollinger Band indicator has three bands: an upper, a middle, and a lower.

When I write "outer band" I am referring to either the upper band or lower band.

http://www.bollingerbands.com/ has a chart example of the three bands.

Re: Bollinger Band outer band price tag as entry signal?

null@example.com (Popov) — Tue, 02 Mar 2010 06:06:05 +0000

Hi Smithid, please explain what an "outer band" means.

Re: Bollinger Band outer band price tag as entry signal?

null@example.com (smithid) — Tue, 02 Mar 2010 02:04:33 +0000

Is there a better place to ask this question?

Thank you for any assistance.

Bollinger Band outer band price tag as entry signal?

null@example.com (smithid) — Sun, 28 Feb 2010 21:10:03 +0000

Is it possible with the Forex Strategy Builder to use an outer band on a Bollinger Band as a signal for trade entry (or exit) when price tags or penetrates it?