Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read January 2014
Sergey Golubev, 2014.01.16 10:26
Bollinger on Bollinger Bands Hardcover by John A. Bollinger
Over the past two decades, thousands of veteran traders have come to view Bollinger Bands as the most representative**and reliable**tool for assessing expected price action. Now, in the long-anticipated Bollinger on Bollinger Bands, John Bollinger himself explains how to use this extraordinary technique to effectively compare price and indicator movements.
Traders can look to this techniques-oriented book for hundreds of valuable insights, including:
- Analysis of the primary indicators derived from Bollinger Bands %b and BandWidth
- How traders can use Bollinger Bands to work with instead of against commonly encountered trading patterns
- Strategic use of Bollinger Bands in short-, mid-, and long-term trading program
- Three trading systems based on Bollinger Bands
Hi,
I would be very grateful if anyone here can help me out the normalized RSI indicator, %b(RSI) for MT5 as described in his book; "John Bollinger on Bollinger Bands".
I know how to superimpose bollinger bands on RSI, but truthfully hasn't been effective for me.
On standby for any help. Thanks.