Sometimes I use Bollinger Bands on another indicator. It can be strange, but what is BB? Upper and Lower channel of Standart Deviation or someone calls it "another volatility". One formula for any instruments. Also, in my strategy, I use Accumulation/Distribution, and I add an indicator on an indicator to see the full picture of what's going on. And now AMD A/D is having Divergence; also price in cross down a lower band of BB, and A/D is rebound from Upper band of BB. All moves have volume increasing conformations.
Like this chart and technical indicators setup, I have similar idea on 25 $ bounce or fall zone. I got some puts last week for protection. Thank god too. looking to possibly sell them today. going to be watching
GeorgeVeritas
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@sevelirette, thanks. After some times people back to basic indicators like MACD, EMA/SMA, RSI and 2-3 more for extra. I found that the Standard Deviation is quite important, and when I add BB(channel of deviation) to A/D (and also SMA ), its give some help to see the situation. of course is not important, but. One thing is what I got after a long time - don't try to copy other traders or analytics. We all see, thinking, and acting different and if for someone MACD is help for another one is hell.