Ultimate Trading Journal Template is available: bit.ly/TECTradingJournal - if you have ideas for updates, let me know!
@matterman20035 ай бұрын
I use this same setup and IMO setting the Bollinger Bands at 1.5 instead of the default 2 works better, especially when it's a strong move and it goes outside those, it tends to reverse very soon after.
@briliantinoprihandika43552 жыл бұрын
Now this is a practical way of scalping the market
@davidibiyemi13087 ай бұрын
Fantastic, thank you very much Sir for this enlightenment
@jc3444 Жыл бұрын
Extremely helpful, thank you.
@bobsmith88115 ай бұрын
i think for the 3 min I think it's 1.5 and -.5 for the bb% levels though just noticing it on the QQQs last few days really sweet with it touches those levels, (very similar to being a candle outside of the 2 standard deviations BB).....then u can use trend breaks and wait for that first 3min green upper wick heikenashi candle after all the red 3min heikenashis.... or when u see the 3min 1.5 or -5 bb% touches on 3 min.....you can switch back to the 1.5 bb% on th1 min and get in on the 1st candle that goes back inside the bollinger band was 2:39pm today on the QQQs 5/28/2024 yeah this works
@bobsmith88115 ай бұрын
noticed too when the nadaraya watson envelope slopes up on the 3min 5 min after 10 am I wait for that first U shape of the nadaraya watson enevelope ON THE 1 MINUTE and draw trend line and buy the break,,,can use bb% bottom line(0) cross for entry and use the 1 or 3 min watson envelope when it gets flat for exits for the calls Love that bb%
@BREAKOFSTRUCHHHHA Жыл бұрын
This looks amazing!!!!! Bollingers are goat with struchaaaaa and algos. Amazing strategy
@iandecuir9366 Жыл бұрын
Remain discipline. Wait for close INSIDE and for your rsi/stoch indicator to show a match with price. You will more than likely win more than lose
@brianahernofficial2 жыл бұрын
wow this is exactly what i'm looking for thanks DT! subbed.
@Esurtroz-wt8nkb2 ай бұрын
nice strategy, congratulations
@bryanchang19959 ай бұрын
how do I draw the lines for BB%? edit : I mean how do you color it in green? I can only draw the lines
@mariorenderbro63702 жыл бұрын
Thanks. Very interesting strategy. Will proceed to code it and see how it goes "automated"
@MariahNaidoo4 ай бұрын
A year later Mario 🎉.. so how did it go... U winning ?? ✍️🤑
@insaneinferno83 ай бұрын
@@MariahNaidoo I hope so 🤑🤑🤑
@WebControlss Жыл бұрын
Thank a lot! Hope you can modify the figures again.
@KekasihMuGelap7 ай бұрын
How did you add the upper and lower green box in the BB %B section?
@bizmarktheshark Жыл бұрын
Thanks man. I haven't been using this for long, but it's been fantastic.
@lyrana Жыл бұрын
@Bismark the Shark how's it going now?
@bizmarktheshark Жыл бұрын
@Lyrana it's pretty great! It seems to work best with volatile stocks and tight ranges. The one issue that I ran into was during trend moves. You have to be lightning quick with scalps if you are going to do counter trend scalp. Other than that, it's pretty solid.
@BIight. Жыл бұрын
thank you, im look ing at qqq and the COIN pop today and it looks amazing, ill also come back and lyk how good it is
@JeevasTrend Жыл бұрын
Excellent clarity bro ❤️👏👏
@ChopperFromHell2 жыл бұрын
I use BB%B but no matter how I set up or whatever timefrema, but always seems to be better with default settings (20/2) or 20/1 or 20/1.5. In my opinion 200/1 BB%B is totally full of unnecesary noise and "out of the lines".
@TradingEngineersClub2 жыл бұрын
yes, it can be. Using overall indicators is unnecessary. Changing settings like this can help you to build an overall narrative but you should always use any kind of indicator as a confluence/confirmation. Price action always comes first.
@ronelgarcia83442 жыл бұрын
Thanks bro, im using it now. Good results on backtesting
@TradingEngineersClub2 жыл бұрын
thanks, glad you find that helpful!
@sampathyapabandara4842 жыл бұрын
@@TradingEngineersClub I want to know, Bollinger Band, BB, how to make both top and bottom lines
@kikinavin2 жыл бұрын
@@sampathyapabandara484 you just make 2 rectangles in BB% SET UPS: GO TO SETTINGS OF RECTANGLE, COORDINATES #1 (PRICE, bar): 2, -1000 #2 (price, bar): 1,5, 1000 and the you only play with the colours. then you make second rectangle set ups: #1 (PRICE, bar): -1,5, -1000 #2 (price, bar): -2, 1000
@petitefaby2 жыл бұрын
Thank you, my BB % doesn't display the green line above / below and I cannot see the high/ low zones , how to ?
@brianahernofficial2 жыл бұрын
you manually have to draw it it' took me a little bit to figure it out myself but i don't even know how to get the cool green box lol only lines but still good!
@kikinavin2 жыл бұрын
@@brianahernofficial you just make rectangle in BB% SET UPS: GO TO SETTINGS OF RECTANGLE, COORDINATES #1 (PRICE, bar): 2, -1000 #2 (price, bar): 1,5, 1000 and the you only play with the colours. then you make second rectangle set ups #1 (PRICE, bar): -1,5, -1000 #2 (price, bar): -2, 1000
@kikinavin2 жыл бұрын
you just make rectangle in BB% SET UPS: GO TO SETTINGS OF RECTANGLE, COORDINATES #1 (PRICE, bar): 2, -1000 #2 (price, bar): 1,5, 1000 and the you only play with the colours. then you make second rectangle set ups #1 (PRICE, bar): -1,5, -1000 #2 (price, bar): -2, 1000
@brianahernofficial2 жыл бұрын
@@kikinavin Oh snap i manually drew it in hahaha thanks Kris for correcting me
@AxeMurderer19832 жыл бұрын
use the 'parallel channels' drawing tool
@johndrow88663 жыл бұрын
Tnx bro!! More of this plzz..
@TradingEngineersClub3 жыл бұрын
thanks appreciate it. Ill work on more content
@AnjaliRai-b5k Жыл бұрын
Thank you
@moshtaq6357 Жыл бұрын
I want this rsi or i don't what it name settings for 5min please
@rashedhammoud74202 жыл бұрын
Thank you for this video. However can you show us a 100 backtest of this strategy? I have backtested already and it looks fairly good but I need further confirmation before using it. Thank you anyways.
@henriquealmeida94872 жыл бұрын
Hi conf rsi?
@iandecuir9366 Жыл бұрын
So the market is fractal. But can the bollinger bands be on 20 period and maybe set closer TPs and when to know when to hold longer?
@TradingEngineersClub Жыл бұрын
Sure, you can tweak it to your liking! This is just some basic idea you can test. There are so many things you can use and make it even better.
@iandecuir9366 Жыл бұрын
@@TradingEngineersClub this video was very helpful and appreciate you actually replying! I subscribed and liked. I’ve used the bands before and would always enter when the candles were still on the outside.
@onlymissmoe Жыл бұрын
How do u adjust the second window?
@christiangrafenauer68272 жыл бұрын
Very good, if you use it correctly you will make money 😜
@Mike-kg1hi2 жыл бұрын
Nice video. I don't sow to set up my Bollinger %b they way yours looked. Maybe yours is an older version?
@TradingEngineersClub2 жыл бұрын
no I just customize it, its same like current version
@kikinavin2 жыл бұрын
you just make rectangle in BB% SET UPS: GO TO SETTINGS OF RECTANGLE, COORDINATES #1 (PRICE, bar): 2, -1000 #2 (price, bar): 1,5, 1000 and the you only play with the colours. then you make second rectangle set ups #1 (PRICE, bar): -1,5, -1000 #2 (price, bar): -2, 1000
@ericboateng1832 Жыл бұрын
How do you fix this setting on mt5
@akshaynarasimaiah85973 жыл бұрын
great strategy!
@TradingEngineersClub3 жыл бұрын
thanks!
@sampathyapabandara4842 жыл бұрын
Thanka bro
@bryanchang19959 ай бұрын
where do you put the TP or how do you exit?
@TradingEngineersClub9 ай бұрын
this is a framework, it's up to you how you take it. Usually, I found a sweet spot between 1.5-3R
@remiandrepedersen8683 жыл бұрын
John Bollinger is an extremely intelligent, so of course the Bollinger band works, if used correctly,
@TradingEngineersClub3 жыл бұрын
yes he is indeed.
@petitefaby2 жыл бұрын
By the way, if we want to apply this strategy to other timeframe, like 5mn or 15 mn, is it ok too ? thank you
@TradingEngineersClub2 жыл бұрын
ofc. Market is fractal, this is some trading approach, you need to the work to test it if its work to your style and understanding :) green line is my drawings so I can visualize it better, you can do the same or if you know pinescript you can code own indicator
@Crystal_G_1989 Жыл бұрын
5 minutes setup please?
@TradingEngineersClub Жыл бұрын
principle remains same
@itsshane94903 жыл бұрын
hey can you test 100 times with fix rr
@TradingEngineersClub3 жыл бұрын
I won't make video testing it, but I'll add it to the excel sheet I'm working on (will make a video relate to it and one version of sheet will be shared on discord)
@vertigo28949 ай бұрын
This is probably the least clear and messiest explanation I heard.
@itsshane94903 жыл бұрын
ant test 100 times with tp an the tuch an the other ban
@chrisrobbie86752 жыл бұрын
Good one, 25% similar to my strategy
@porter-hkd40842 жыл бұрын
How do you people make all this profit im using bollinger bands 20,2 stochastic oscillator 5,3,3 an im trading Crude Oil my trade time is 20sec candles appear every 15secs. I seriously need some help there are people who make 20K a day doing this everyone has to start somewhere. are you using some kind of signal??? I have no interest in paying someone to trade 4 me I want to learn the skill set
@agrax74323 жыл бұрын
top!!
@TradingEngineersClub3 жыл бұрын
thanks again :)
@sampathyapabandara4842 жыл бұрын
Im from sri lanka
@TradingEngineersClub2 жыл бұрын
Cool, sending greetings to Sri Lanka! One of my country on travel list :D
@sampathyapabandara4842 жыл бұрын
Add the Money Flow Index to this and make a video (scalping) in one minute
@chadseeber39982 жыл бұрын
Try adding Bollinger band V2 [super trend] by nomadandtrader
@robdylan25413 ай бұрын
Cherry picked , it's much different in real time. Remeber anyone can go back on a chart and make a start look perfect .
@donaldjones89202 жыл бұрын
The problem with this video is that you keep changing the rules as you go along. It is easy to see what to do when you are able to look ahead on a chart and see what the price will do. If you want to do an accurate video, you should use the replay feature on the chart and move it back in time and show how you take the signals in real time
@TradingEngineersClub2 жыл бұрын
there are 2 problems: 1) people copy paste everything without even thinking - I share this with a few friends, they did the work to test it and they got a profitable system and viewers should do the same 2) price is random and the past doesn't repeat - you can collect enormous databases and have the holy grail on paper but reality would be different because nobody predicts the market. So I shared the basics behind concept, I got limited time recording videos.
@SimplyScalping Жыл бұрын
Yes. No clear rules and not backtested fully. Fitting to make it look good