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GDX Model - using Bollinger Percent B for forecasting trend changes
Hi everyone,
I traded messages with Pascal and hopefully I have posted this to the correct spot (if not, please move it).
Anyway, I believe that you may be able to forecast changes in GDX price (or other instruments) by using Percent B. I have put together a doc that explains Pct B, and the trendline approach.
I am not an expert, but these trendlines seem to be good references, so I would welcome your feedback. As noted in the doc, if there is interest, I could update these weekly, or at some recurring timeframe.
Regards,
Mike M
ToS Charting Bollinger Percent-B
Canucck,
Would you provide a screen shot of the "Studies and Strategies" along with "Language" inputs used in ToS charting for Bollinger Percent-B.
Your contributions are meaningful.
Thanks,
Dan