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Thread: Price reversal points

  1. #361
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    You will also be able to notice double tops and bottoms, head and shoudler, breakout ,pullback continuation patterns on the charts.If you introduce moving averages,the 100sma and 200 sma are useful as you get a reversal when the bollinger and price coincide with them.please post if you can add any twist to the system.Thanks

  2. #362
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    Kolapo,

    Is the bollinger band set to apply to: close?

    When you say that we should set the bollinger band to 20, 1.5 and shift to 0.
    How do you set diviation to 1.5? It only allows us to set it with whole numbers like 1 or 2.

    Thanks!

  3. #363
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    Quote Originally Posted by kolapo View Post
    You will also be able to notice double tops and bottoms, head and shoudler, breakout ,pullback continuation patterns on the charts.If you introduce moving averages,the 100sma and 200 sma are useful as you get a reversal when the bollinger and price coincide with them.please post if you can add any twist to the system.Thanks
    Do you have a chart/picture where this is shown?

  4. #364
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    Thanks so much for your fun generosity Kolapo!

    It might be easier to just post your template instead of having to answer all the settings questions...if you feel like it that is.

  5. #365
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    Hi George Bollinger Band is applied to the close

  6. #366
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    Price Reversal

    Here you go.you still have to construct, bollinger settings to 20, 1.5 shift 0 applied to close.leave keltner as it is 10.I did not produce a specific template as members can pick and choose what indies is best for them.Its the principle that matters most.You will soon discover that all has a specific purpose on the charts.Goodluck
    Attached Files Attached Files
    japie3 likes this.

  7. #367
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    Quote Originally Posted by kolapo View Post
    Hi George Bollinger Band is applied to the close
    Thanks kolapo!

  8. #368
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    Has any one made progress in forecasting turning points other than the MJP stuff?

    Very interesting thread by the way!

  9. #369
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    Price Reversal points

    Hi folks, i have not posted for quite a while,just a thought came to my mind in march 2014, i was looking at tools available for predicting reversals, i found these 3 non repainting tools very good for triangulations as described by MJP PDF attached.Coupled with what we know so far on reversal magic, balance dynamics, channel surfing, we can have a good understanding of price points.Seeing the U,s and the M,s on charts can be a daunting task.I hope these tools added to peoples arsenals, it might also be of help.My group has used it with a remarkable degree of success on 30 mins and above.its always been low risk high profit yields. Even the inverse points are seen.Good luck and more pips to everyone
    Attached Thumbnails Attached Thumbnails Price reversal points-gbpjpyh4.jpg  
    Attached Files Attached Files
    Last edited by kor4x; 10-18-2014 at 05:27 PM.

  10. #370
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    welcome back, kolapo
    some time passed ... any new market timing methods you studdied lately?

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