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[amibroker] Re: using %b and Bollinger's Method II



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--- In amibroker@xxxxxxxxxxxxxxx, "john gibb" <jgibb1@xxxx> wrote:
> Hi,
> 
> I am using 'regular' %b with Money Flow Index in order to 
replicate, with EOD data, Bollinger's Method II (trend following) 
system from his book Bollinger on Bollinger Bands. (Both %b and MFI 
have to be above 80 for a buy and below 20 for a sell.)

> Also, has anyone else used Bollinger's Method II? So far, my 
results are mediocre at best.

Well, he also talks about other end-of-trend indicators, and Method 
II followed lots of discussion of topping patterns.  And he talked a 
lot about Parametric SAR for an exit with Method II.  I think that a 
lot can be lost if no sign of end-of-trend is detected until %b<20 
and MFI<20, but it would definitely give a trending stock plenty of 
room to run :)




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