price drops. The closer this line gets to the zero mark the higher are the chances that the asset is oversold. Standard approach 70/30, the smoothing period of 14, oversold level 30 and overbought level 70 are used in the standard approach. The DSS will always win* (Ive learnt this the hard way) Wait till the signals align. Open PUT: When Candlestic are crossing upper bollinger band, and RSI line is moving beetwen margins. Also we use candlestics chart of 1 minute. If you are not a professional client, please leave this page. Watching and practicing will make you understand more on how to inter-relate these indicators.
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How to use Bollinger Bands, each time the Bollinger bands identify an oversold condition, the price of the asset will experiment a reversal. The second one shows the uptrend is exhausted and you might lose if you enter (or if you want to enter a trade, make sure at least the DSS is in line with your trade). The price, in this case, can be expected to. When trading, you should always take into consideration the intensity of the BDF tender. The 15 minute chart is used as a trade alert and the 1 minute chart is used as a timing chart to place a binary options contract. . Conservative approach 80/20, the smoothing period of 21, oversold level 20 and overbought level 80 are advised by the conservative approach advocates. And it must be aligned with at least the RSS 3TF indicator. Welles Wilder recommended a smoothing period of 14, which of course can be changed for the purposes of short- and long-term strategy adaptability. Same goes if its down. The Bollinger Bands will show if the prices are high or low on a relative basis. Download 15 min RSI-4 Binary Options system.