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Bollinger bands - How To Master Bollinger Bands

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Uploaded by on Feb 23, 2009

http://bollingerbandgenius.com/bollinger-bands.html

Techniques for mastering Bollinger bands for maximum profit. 5 Bollinger bands set-ups and their variations that you must know if you want to use Bollinger bands effectively.

Bollinger bands are about the best indicator you will ever use to help identify high probability trades.

Bollinger bands measure a standard deviation from the mean or middle. Usually the "mean" or middle is a 21 day moving averade of closing price.

So you would lay down a 21 day moving average and then a 2.0 standard deviation set of Bollinger bands and when price closed outside of either band it is said to have closed outside a 2 standard deviation band.

2 standard deviatons from the mean.

Crazy I know, so watch the video and Ill explain everything and if you want more videos visit our site at http://www.bollingerbandgenius.com

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Uploader Comments (Renegadetrader)

  • I have just added my new manual use the link above to get it free.

  • hey there, I quick question. when I add the bollinger bands the tool shows 3 lines. I also have the option to set the number of ticks as well as the standard derivation (set to 14 and 2 by default). Which are good settings to start on a 15 min chart and for what is the third line? thanks

  • @donkekis - I use 20 period and 2.0 standard deviations - the middle line is a 20 period moving averge or MEAN between both bands

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  • Great Video, have a question though, when working with Bollinger Bands, what is the best time frame to use. If it varies, could you please give me some scenarios where I would use the 3 month, 1 month, 1 day - 5 minutes. etc.

    Thanks so much!!!

  • Good Video.. but it's Totally different with my perception..

    do you even know why Mr. Bollinger using 20 in Tf Daily in his experiments?..

    hmm.. I'm never ready to share my ideas using BB... so you might better than me on caring other.. I'm Naif.. feeling too smart but just a dumb..

  • This is the best explanation of Bollinger Bands i have seen and i watch it every few months to remind myself how good it is.My trading has improved immeasureably for this video.Thanks Renegadetrader...good job and great teacher!

  • I Love the BB!! I use the 18 and 2 myself!! best technical tool there is!

  • awesome explain best video.

  • Please take a look at how I turned 50 dollars into 3000 usd using Bollinger Band.. Channel BESTPICKRUS

  • great job explaining that-- thanks!

  • daily free forex signals on bollingerradio page on facebook

  • Mark deaton I signed up for your Triple Strike website, and I can no longer sign in. You have no contact information what so ever from all the emails i've been getting. mark@renegadetrader^com doesn't exist. Please contact me soon as possible because i'm angry that i spent 175 and can't log into my account anymore and "RECOVER PASSWORD" doesn't work. I don't wanna call your works a SCAM, message me back.

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