Wednesday, October 20, 2010

Keltner Channel + Bollinger Bands


These setup is very powerful. Whenever the Bolinger Band contract inside the Keltner, prepared for explosion. Happened all the time :)

5 comments:

  1. Sounds interesting, planning to give it a try... :)

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  2. mmmm yeah, bollinger squeeze, love it.
    nice trade De'T.

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  3. Hi FFXD,
    I used 3min chart. Dunno if other TF worked.

    Hi PivotFX,
    Yes, bollinger squeeze is already common setup. But with Keltner we can measure the squeeze objectively.

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  4. Sure. You may want to add a momentum indicator to support the bias. The 3rd one wasn't powerful enough. Was it overbought? Or what happened there?

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  5. Hi PFX,
    It's just the time. that's lunch break at US session. Rarely big movement.

    You may use CCI indicator 100 and -100 trigger, but I am not sure the reliability.

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