Bollinger bands on another bollinger bands

[AMAT]

I remember some years ago one pro guy talked about he has used several sets of bollinger bands as indicators. Only the first one is based on price, the second is based on the first bollinger bands, not on price, and the third is based on the second bands,and etc.

I want to give it a try. Could someone give me a link here. Or tell me how it worked. thanks

 

[murray t turtle]

Quote from AMAT:

I remember some years ago one pro guy talked about he has used several sets of bollinger bands as indicators. Only the first one is based on price, the second is based on the first bollinger bands, not on price, and the third is based on the second bands,and etc.

I want to give it a try. Could someone give me a link here. Or tell me how it worked. thanks

=========
Amat;
well with 50dma
200dma
parabolic sar
AND now you add 3 sets of BB,-[meaning9 more sets of lines]
some add trend-lines
open
hi
lo
close,
volume
John Bollinger likes OBV also,
like grid lines myself also#################................

Might work;
with all those lines you MAY hit somewthing, in May or June!!!

 

[AMAT]

Quote from murray t turtle:

=========
Amat;
well with 50dma
200dma
parabolic sar
AND now you add 3 sets of BB,-[meaning9 more sets of lines]
some add trend-lines
open
hi
lo
close,
volume
John Bollinger likes OBV also,
like grid lines myself also#################................

Might work;
with all those lines you MAY hit somewthing, in May or June!!!

Hi Murray:

thanks. by the way your 3sets of BB are all based on different price averages or else. thanks