Plugins
Proven Strategies That Keep You Ahead of the Market
Bollinger Band Tool Kit
Unleash the power of Bollinger Bands
Designed in collaboration with John Bollinger for maximum flexibility, the potential of the Bollinger Bands Tool Kit is unlimited with tools that can be used on their own or in combination with other analytical tools.
With so many different features, The Bollinger Bands Toolkit is one of the most extensive libraries available.
A note from John Bollinger
The Bollinger Band Tool Kit for Genesis was created for investors and traders wishing to unleash the power of Bollinger Bands. Included are in the tool kit are:
- 9 Studies
- 53 Indicators
- 22 Highlight Bars
- 10 Criteria
- 10 Filters
- 4 Strategies
- 18 Rules
- 4 Shared Rules
- 7 Templates
For in-depth explanations of the tools included in this kit we strongly recommend that you read "Bollinger on Bollinger Bands." The key concepts are explained there and the various approaches fully delineated. If you do not already have a copy, you can order an autographed copy at bollingerbands
There is one strategy included in the tool kit that is not discussed in the book, Method IV. This method requires that volatility be relatively low--in the lowest quartile of the immediately prior six-month range. Then we look for the following breakout sequence: Day one, a close inside the bands. Day two, a close outside the bands. Day three, price action that exceeds the close of day two for an upside breakout or undercuts the close of day two for a downside breakout. Method IV conditions may be tightened by requiring that the high of day two be exceeded, or the low undercut, rather than the close. Method IV may be of special interest to shorter-term and swing traders.
The potential of the tools in this kit is practically unlimited; what you do with them is entirely up to you. These tools have been designed to offer the maximum flexibility and therefore the greatest potential. Some of the tools are free standing and can be used on their own, while others are of greater worth when combined with other tool kit elements or other analytical tools.
While there are four example strategies included in this tool kit, this package is not and was not meant to be a trading system. Rather it is a tool kit that allows you to create your own trading systems and analysis.
We have tried to imagine everything you might want to do with Bollinger Bands and prepare for any eventuality. However, the possibilities are literally limitless. So, if there is a tool you\'d like to see added to the kit, or something you feel should be changed, feel drop us a note with your suggestion at bbtk@BollingerBands.com.
Good trading,
John Bollinger, CFA, CMT
ANTI Day Trader
ANTI setups appear as smaller bear and/or bull flag patterns following a trend reversal or within the middle of a trading range. The concept of the ANTI Trader is that the setups must also be preceded by a short term Impulse move for the proper results.
First Cross
Characterized around the first higher low or lower high that occurs as the market trend is beginning to change direction, First Cross looks for the Three Ten Trend line to cross from below to above zero and the oscillator line to drop or “pull back” below the zero line for a buy signal.
Intermediate
The basis for a buy or sell is centered around price retracement with an already confirmed trend. The Intermediate highlight bars look for the price to be trading above the 20 bar EMA and the Three Ten Oscillator to be above the zero line for days. Next, look for the price to come back to the EMA at or near the time the Three Ten Oscillator retraces below the zero line. Look to combine this with Bull or Bear flags or even with the ADX making a significant high in order to get some of the best setups.
RSI Retracement
The RSI Retracement looks at momentum. Buy days can be found with regard to a market declining for a couple of days, followed by a covering of the decline, while a rally for a couple of days would produce a sell.
Short Term Forecasting
Quick scalp trade possibilities in the direction of the short term trend are the focus of short term forecasting. Often called a “Short Skirt,” look for a price retracement between 2 and 4 points from the most recent swing high or low. A trade will work best when entered before price begins to move back toward or with the original market trend.
SP $Tick
Find periods of divergence with the SP $Tick chart template. Using the S&P500 day session time frame, you will find that some good divergences occur when price is making a higher high and the three ten oscillator is making a lower high. The best trading points tend to appear while the price is near an upper or lower Keltner Channel, as it corresponds to a nice price swing.
