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Strategy Colour Change at Outer BB
Strategy Colour Change at Outer BB
When the candle changes colour at outer BB on D/W TF, look for long /
short entries on one TF lower. Let the pivot form on execution TF (ETF).
Entry on ETF when price crosses above or below minor pivot H/L.
Target: BB line on ETF or Minor / Major pivot H/L on immediate left side on
chart. (B) Open
Stop Loss: High or Low of Minor pivot entry candle
Strategy: Double top or bottom (M or W)
Data to be checked on D/W
Execution TF: same TF
Look for M or W formation on RSI (or RSI + Price) on screening chart. Let the
pivot form. Strategy works well from 5min and above TF
Entry screening – above/below latest signal candle or latest Pivot
Target: (A) BB line on trading TF
Stop Loss: High or Low of signal candle
Strategy: Middle Band Breakout
Data to be checked on EOD basis on Friday week end
Screening TF: Weekly
Execution TF: Daily
When a weekly candle closes above or below SMA 20 and RSI is upside 50/55 or downside
45/40, Wait for price to form a minor pivot on daily chart.
Entry on daily chart when price crosses above or below minor pivot H/L or previous swing
high.
Target: (A) BB line on daily TF or Minor / Major pivot H/L on immediate left side on chart.
(B) Open
Stop Loss: High or Low of Minor pivot entry candle
Strategy: Outer Band Breakout
Data to be checked on EOD basis on Friday evening / Week End
Screening TF: Weekly
Execution TF: Daily
When a weekly candle closes above or below upper or lower BB and RSI is
upside 60 or downside 40, Wait for price to form a minor pivot) on daily
chart.
Entry on daily chart when price crosses above or below minor pivot H/L.
Target: (A) BB line on daily TF or Minor / Major pivot H/L on immediate left
side on chart. (B) Open
Stop Loss: High or Low of Minor pivot entry candle
Strategy: Star outside BB