Just some clarification. I am new to this thread and I went through all the posts.
9jatrader says that the signals to enter are the crossing of middle bollinger line on weekly chart and of upper/low bollinger line on daily charts, both at their closing.
Does this mean that one has to look for the daily chart the week after the closing on the week chart and for all the time during which the price action stays, on the weekly chart, on the same side of the middle bollinger band?
When the price action, in weekly chart, crosses in the opposite direction the middle bollinger line, this is considered an exit signal and a possible entry signal in the opposite direction, if confirmed by the daily chart?
9jatrader says that the signals to enter are the crossing of middle bollinger line on weekly chart and of upper/low bollinger line on daily charts, both at their closing.
Does this mean that one has to look for the daily chart the week after the closing on the week chart and for all the time during which the price action stays, on the weekly chart, on the same side of the middle bollinger band?
When the price action, in weekly chart, crosses in the opposite direction the middle bollinger line, this is considered an exit signal and a possible entry signal in the opposite direction, if confirmed by the daily chart?