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1. Perform the two MetaStock
explorations.
First, you’ll want at least
5,000 to 6,000 securities and 3 years of data to work from. Now run the
Watchlist Maker on your data. The Watchlist Maker filters out low volume/price
securities and those that have less than 500 periods of data. This select
group of securities is your “Watchlist”, from which you’ll run the BBS
exploration. You are now ready to run the BBS exploration. This exploration
is at the heart of the Bollinger Band System. It finds those securities
that have generated “buy long” and “buy short” signals. Now it’s time
to open these securities’ charts.
2. Study the screened candidates
and apply your own personal filter.
This is the step where you
can transform good returns using BBS into outstanding returns
by applying your own personal analysis. This step is the only subjective
part of the BBS trading method.
Your BBS instruction manual
will have many effective strategies to help you narrow your decision down
to the best candidate.
3. Attach the two MetaStock
experts to track your trades.
At this point, you can confidently
place an entry order with your broker. But BBS doesn’t stop there. Once
you’ve entered a long or short position, use the Expert Advisor to monitor
your open trade. You’ll attach either a Long or Short Track expert to
your chart, depending upon the signal the exploration generated. The experts
provide chart-specific feedback on the current status of your open long
or short trades.
When an exit signal for your
trade is generated, an expert alert will pop up on your screen when you
open the chart, and an exit arrow will appear on your chart. (A nice way
to take the emotions out of your trading.) Finally, you can choose to
view the expert commentary and read about the current condition of the
open trade. Let the Bollinger Band System show you when to get in a trade,
how long to let your profits run, and when to exit.
Start maximizing your trading
power with the expertise of John Bollinger and the advanced analytics
of MetaStock with this powerful MetaStock plug-in.
A Special Invitation...We
invite you to make your trades with the Bollinger Band System for a full
30 days. If you don’t find your trades more consistently successful than
before, send it back to us for a full refund…no questions asked.
Our bet is that you’ll keep
it and use it to make more successful trades than ever before!
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