Bollinger Band Support and Resistance Channel (Bollinger Band Support and Resistance Ch)
My idea is simple. Use Bollinger Bands to create support/resistance levels and pivot points from the Bollinger Bands midline. This allows you to customize the length of the trend you want to see. Keep the BandPeriods all the same, but change the bias. This creates Bollinger Bands support/resistance channel levels.
ex. -3-2-1 M +1+2+3
You can change the bias to suit your entry/exit rules. Just an idea I wanted to throw away. Any advice would be greatly appreciated.
ex. -3-2-1 M +1+2+3
You can change the bias to suit your entry/exit rules. Just an idea I wanted to throw away. Any advice would be greatly appreciated.
📦 Summary of post attachments (3)
Below are all the files (3) shared in the reply.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •