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

["john gibb" <jgibb1@xxxxxxxxxxxxx>]

Hi sloughbridge,
 
I interpret Method II to be a trend continuation 
rather than trend reversal (end-of-trend) system.
 
I am using SAR for exits and the '%b<20 AND 
MFI<20' only for new sell signals.
 
But, since my results are not that great, I may 
take his suggestion and use Method II merely as a setup for his Squeeze (Method 
I) system. (I also have this thought that %b should be qualified by the 
BandWidth; i.e., an %b of 80 when the bands are narrow doesn't seem as good a 
signal as %b of 80 when they are wide)
 
-john
 
PS: for those who don't have his book, 
here are the three systems he presents there:
 
<A 
href="">http://www.bollingeronbollingerbands.com/methods/main.php
<A 
href="">http://www.bollingeronbollingerbands.com/methods/main.php?method=2
<A 
href="">http://www.bollingeronbollingerbands.com/methods/main.php?method=3 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  <A title=sloughbridge@xxxxxxxxx 
  href="">sloughbridge 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Friday, September 19, 2003 1:28 
  AM
  Subject: [amibroker] Re: using %b and 
  Bollinger's Method II
  --- In <A 
  href="">amibroker@xxxxxxxxxxxxxxx, "john 
  gibb" <jgibb1@x...> 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 :)Send 
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