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Re: BollingerBand settings
In Response To: Re: BollingerBand settings ()

Thank you for your patience, Gian.

So, I am looking at the chart and here is what I see:

It opened at 25.81 and the 4 day moving average closed the day before at 26.12. After quickly making the high at 25.85, cocoa dives down to 25.15. The 4 day moving average closes on the day at 25.75 as the market rallies sharply off the bottom and into the close to settle at 25.68.

Are you suggesting that your system calls for cocoa to rally higher into the 18ma or are you saying that the reason that cocoa rallied was because it needed to bounce up and off the 4ma?