Dark Theme
Light Theme
Trading Articles
Article Categories
Article Tools
Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
choose bollinger bands' standard deviation depending the instrument
Updated December 21, 2013
Top Posters
looks_one
alextrd
with 3 posts (0 thanks)
looks_two
cory
with 2 posts (1 thanks)
looks_3
francis3388
with 2 posts (1 thanks)
looks_4
Quick Summary
with 1 posts (0 thanks)
trending_up
2,421 views
thumb_up
2 thanks given
group
4 followers
forum
8 posts
attach_file
0 attachments
choose bollinger bands' standard deviation depending the instrument
December 3rd, 2013, 11:00 AM
barcelona
Experience: None
Platform: ninjatrader
Trading: es
Posts: 55 since May 2011
Thanks Given: 40
Thanks Received: 17
Hi all,
I wonder if is possible to change the standard deviation of the Bollinger Bands depending the instrument.
Thank you,
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
December 3rd, 2013, 11:08 AM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090
December 3rd, 2013, 11:10 AM
barcelona
Experience: None
Platform: ninjatrader
Trading: es
Posts: 55 since May 2011
Thanks Given: 40
Thanks Received: 17
Thanks @cory ,
How can I calculate the standard deviation ? which formula or indicator can I use?
Thank you,
The bottoms of my shoes
are clean
from walking in the rain.
December 3rd, 2013, 11:49 AM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090
'standard' = the same of any instruments, just use 2%. Indicator is Bollinger on indicator list.
December 3rd, 2013, 12:46 PM
barcelona
Experience: None
Platform: ninjatrader
Trading: es
Posts: 55 since May 2011
Thanks Given: 40
Thanks Received: 17
thank you again :-)
The bottoms of my shoes
are clean
from walking in the rain.
December 7th, 2013, 07:59 PM
Philadelphia
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,894 since Apr 2012
Thanks Given: 1,683
Thanks Received: 3,681
Maybe something having to correlate to the daily atr .
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
December 8th, 2013, 05:48 AM
kuala lumpur+selangor/malaysia
Posts: 7 since Dec 2013
Thanks Given: 5
Thanks Received: 1
alextrd
Hi all,
I wonder if is possible to change the
standard deviation of the Bollinger Bands depending the instrument.
Thank you,
For time frame D1 , the std deviation is 0.2, for H4, and H1, is the std deviation remain the same as D1, or could
be amended to suit better performance. For Bollinger band set-up, normally, the default is 20.2, however, there
experience ed traders who use 12.2, so, what do you think is the usual, effective and practical set-up. Thank you for
opinion and experience offer.
December 21st, 2013, 09:52 AM
kuala lumpur+selangor/malaysia
Posts: 7 since Dec 2013
Thanks Given: 5
Thanks Received: 1
francis3388
For time frame D1 , the
std deviation is 0.2, for H4, and H1, is the std deviation remain the same as D1, or could
be amended to suit better performance. For Bollinger band set-up, normally, the default is 20.2, however, there
experience ed traders who use 12.2, so, what do you think is the usual, effective and practical set-up. Thank you for
opinion and experience offer.
Yes, I have read that there are other traders that use BB 12.2 as the standard setting. So, we hope those traders who
practice the above settings , please come forward and give their comments/opinions/feedbacks on their trading style.
Such feedbacks are vital for the success of the upkeek of thius Forum, thank you.
Last Updated on December 21, 2013