NexusFi: Find Your Edge


Home Menu

 





choose bollinger bands' standard deviation depending the instrument


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one alextrd with 3 posts (0 thanks)
    2. looks_two cory with 2 posts (1 thanks)
    3. looks_3 francis3388 with 2 posts (1 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 2,421 views
    2. thumb_up 2 thanks given
    3. group 4 followers
    1. forum 8 posts
    2. attach_file 0 attachments




 
Search this Thread

choose bollinger bands' standard deviation depending the instrument

  #1 (permalink)
 
alextrd's Avatar
 alextrd 
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,

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Exit Strategy
NinjaTrader
Futures True Range Report
The Elite Circle
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
 
  #3 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


yes.

Reply With Quote
  #4 (permalink)
 
alextrd's Avatar
 alextrd 
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.
Started this thread Reply With Quote
  #5 (permalink)
 
cory's Avatar
 cory 
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.

Reply With Quote
Thanked by:
  #6 (permalink)
 
alextrd's Avatar
 alextrd 
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.
Started this thread Reply With Quote
  #7 (permalink)
 Itchymoku 
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.
Reply With Quote
  #8 (permalink)
francis3388
kuala lumpur+selangor/malaysia
 
Posts: 7 since Dec 2013
Thanks Given: 5
Thanks Received: 1


alextrd View Post
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.

Reply With Quote
Thanked by:
  #9 (permalink)
francis3388
kuala lumpur+selangor/malaysia
 
Posts: 7 since Dec 2013
Thanks Given: 5
Thanks Received: 1


francis3388 View Post
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.

Reply With Quote




Last Updated on December 21, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts