Zero Bollinger Band Theory (Trend Follow System)

for sure Mid BB is the MA. A standard structure of BB as like internet explain :slight_smile:

the curve of the Upper and Lower BB is happening fantastic if there is no crazy volatility out there. However when some significant news hits the floor, then the curve will reconstruct and may not valid as well.

Support and resistance are easily shown by swings-high and swings-low of prices, not of indicators.

Looking at the upper and lower bands of Bollinger bands as being “like support and resistance” is like driving your car in reverse by looking in the wing-mirrors, rather than driving it forwards like a normal person and looking at the road ahead.

you may agree to disagree. Its your own understanding and i respect it.

Indicator derived mathematically from the past data. Then we are drawing the Support and Resistance by the turning of price and marking it as either support and resistance.

So, there is a point hit there. Two of it looking from the past data. Periodically, indicator based on it parameter, drawing it manually based on which time frame you are using.

BISMILLAHIRRAHMANIRRAHIM

EUR/USD ANALYSIS

Observation

  1. Trendline : Price break two trendline successfully (SELL)
  2. Bollinger Band : Price break Mid BB and close below it. (SELL)
  3. Candlestick : Bearish Engulf forming up from the Upper Band or Resistance (SELL)
  4. Support : The strong support is far away and give a handsome Reward to SELL

Action

  1. Decision : SELL
  2. SL : high candle 3 day before
  3. TP : Support area
  4. R:R : 1/3

Others
keep on monitoring the price movement.

Chart
Sorry, cannot attach since im noob here.

All I can say is good luck, may God b with u. Everyone trading habits is dif. Hope your using of mid bb bring u more success. But trade Carly

The system also depends on the candles before the mid bb