STRATEGY NO.1: BOLLINGER BANDS COMBINED WITH MACD

Often these two tools are very popular with traders, each has its own strength when applied together can complement each other very well.

With this strategy, we have to dedicate a separate topic to fully address the power behind them.

  1. Price makes a new higher high, while the MACD makes a lower high, giving divergence. At the same time, the price hit the upper border and was turned down. These are two preliminary signals to know that the market has reversed, but cannot enter orders at this time.
  2. MACD moved down to line 0. A downtrend has formed.
  3. The outside bar is bullish but failed, unable to cross the middle boundary of the BBs. It shows that the current market sentiment is a bearish expectation and that the up force is no longer strong enough to push prices up anymore and has been suppressed by the downside force.
  4. Enter an order according to the Trend.
Above is the whole process of combining MACD and Bollinger Bands.

STRATEGY NO.2: BOLLINGER BANDS AND TWO PROVINCES / TWO BLOOD

The double top/bottom pattern is one of the strongest patterns. Understand its nature, it will be easier for you to trade.


  1. The first bottom falling out of the lower boundary shows that the downward force will temporarily stop or even start to weaken because the last period has decreased too strongly.
  2. The second low falls to the support created by the first bottom. At the same time create a pinbar that rejects the reduced force again. This pinbar also acts as a false breakout indicating that traders who are short to sell have been trapped.
  3. Price increases a long tree and breakout resistance shows that the bulls are officially entering and completely suppressing the downside force. At this point, we are completely assured that we place BUY orders.
Combine the factors:
  • Two-bottom model
  • Pinbar with a false breakout
  • Demand appeared when a breakout crossed the border between BBs as well as the neckline of the double bottom pattern.
STRATEGY NO.3: GIMMEE BAR

Gimmee Bar is a strategy of Mr. Joe Ross. Who we know is Joe Ross. This method is effective for the sideways phase.

  1. Price touched the border three times without floating breakout. It shows that the market has entered a sideways state.
  2. Gimmee bar
  3. When the price hits the lower boundary it signals us to take profit.
STRATEGY NO.4: BOLLINGER BANDS COMBINED WITH VOLUME

Combined with two powerful tools makes a great deal of power.

According to Bollinger's most basic strategy:
  • Enter a Buy order when the price closes above the BBs.
  • Enter a sell order when the price closes below the BBs.
But this strategy will be more successful when using Volume as a filter, ie when the price moves in such a way that the volume is 1.2 times higher than the current volume average, the more likely the price will go further.