John Bolinger's own System using Bolinger Bands, Candles and MACD

[tymen1]

To jlmac27 :

No this is not what I use for scalping. I use a method that I consider to be vastly superior.........it uses the actual candle patterns.

I have posted this system out of interest. But I consider it lacking because the trades are few and far between. To get sufficient pips, you need a time frame above 15 minutes and then it can take ages to get your pips.

As a result, I have basically abandoned this thread.

I have a lot to do in December, but in the New Year I hope to start new postings dealing exclusively with candlesticks in detail. I have already prepared many charts specifically for this purpose.

[ozzy007]

Hey tymen1 on the MACD SMA i erase the 14 and leave it blank and click ok and then when i check it again it stays at 14. You mentioned deleting it but i will not go away. I wonder if that makes a difference? So the best time frame is 1 hour or less right? Do alot of opportunities come up with this or it just depends? thanks

[tymen1]

whether you can delete the trigger on not really makes no difference - you can just ignore it.

I do not know when you posted but my post above really answers your question.

[jlmac27]

tymen
I thought you posted a system on scalping somewhere in babypips,but I guess I was mistaken.O'well,look forward to your next thread.goodtrading!