Bollinger Band System
Product Description
A reliable mechanical trading system based on Bollinger Bands
This product has won prestigious Technical Analysis of Stocks and Commodities Readers' Choice Awards. You can view these awards here
Let John Bollinger's time-tested and reliable research help you "zero in" on the most profitable securities, based on Bollinger Bands.
Now you can benefit from the success of Bollinger Bands with this highly selective trading system-a system that selects only those few securities with the highest profit potential.
Using the time-tested technology of the Bollinger Bands, John Bollinger and the makers of MetaStock have created a new mechanical trading system-a system that's simple, yet robust enough to be reliable across all types of stocks, in all types of market environments. This system provides a high probability of reliable performance for the future, not just the past.
The Bollinger Band System (BBS) is unique. It has the ability to adapt to each security's recent activity. Unlike other systems that have a fixed set of parameters, BBS is designed to evolve with the market conditions, making it more reliable and more likely to produce profitable trades!
This adaptability is due in part to the indicators used to create BBS:%b, which compares price action to indicator action;the Money Flow Index indicator (MFI), which incorporates volume into its calculations;and the Bollinger Volatility Index (BVI), which provides a means of measuring the volatility of a security and comparing it with the volatility of other securities.
Trading bands and indicators by themselves can be effective tools, but when combined as we've done with BBS, the potential for trading success is greatly increased.
What are Bollinger Bands?
The Bollinger Bands are trading bands that focus on volatility. By allowing the movement of prices themselves to set the width of the bands, John Bollinger's Bollinger Bands are able to react quickly to market conditions.
But they only provide a framework, not absolute buy and sell signals. In the past, a trader would still have to devise a trading system that would produce optimum buy/sell signals based on these bands..until now.
The Bollinger Band System -- What does it do?
In short, The Bollinger Band System (BBS) searches thousands of securities to find those most likely to reverse their current trend - then, of that group, it singles out those few that meet a very selective set of criteria. This cycle is completed by your unique input, which results in stocks that consistently perform well and fit your personality and trading style.