The Bollinger Band Tool Kit for TradeNavigator was designed to provide maximum flexibility for the Bollinger Band tools within the TradeNavigator framework. The potential of the Bollinger Bands Tool Kit is unlimited with tools that can be used on their own or in combination with other TradeNavigator analytical tools.
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With so many different features, The Bollinger Bands Tool Kit offers one of the most extensive TradeNavigator libraries.
 
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:
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• 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.
 
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. In trading-range markets, this method is a good source for reversal signals.

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.
 
For a trial to TradeNavigator, click below. Contact us with your TradeNavigator Customer ID and we will activate your 30-day free trial to the Bollinger Band Tool Kit for TradeNavigator.

 

Good trading,
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John Bollinger, CFA, CMT