Gerry Veteran   Posts: 277 Joined: 12/24/2003 Location: Lewiston, Maine 04240  User Profile | Hello again Jim, Hi, Gerry Your description is good but seems contradictory in one regard. If you are requiring the U+L to go up for at least 4 bars, then how could the Upper turn down on the bar before the current one (if it's also going up)? Do you mean, for shorts ... On current bar, Upper is down vs the bar before, and for 4 bars before that, U+L are both up ... and reverse for longs? [Edited by Jim Dean on 8/17/2015 2:06 PM] Yes, Jim, Both Bands were heading UP but the Current UPPER bar is Down vs the 4 or more bars that it was heading Up as was the Lower Band but now that the Current UPPER Band has turned Down the LOWER BOLLINGER BAND is still HEADING UP. Show me those stocks. At the opposite end would be that Both Bands were heading DOWN but the CURRENT LOWER is UP vs the 4 or more bars that it was heading DOWN as was the UPPER BAND but now that the CURRENT LOWER BAND has turned UP the UPPER BOLLINGER BAND is still HEADING DOWN. Show me those stocks. These scans would not be a TIGHTENING situation as BOTH Bands are HEADING in the SAME DIRECTION. Hope this helps. Gerry [Edited by Gerry on 8/17/2015 3:10 PM] | |
