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TechniTrader Stock Trading Education "Bollinger Bands Improved"

New Twist Using Bollinger Bands For Stock Trading

Many Retail Traders do not know that there are several variations of Bollinger Bands® designed by John Bollinger. One of those is Bollinger %B which is a line indicator that can be used with Worden’s Time Segmented Volume TSV Indicator to create a Hybrid-Leading Indicator for Swing Trading, Day Trading, Momentum Trading or any short-term trading style, even Options Trading.

With Worden’s TC2000 Charting Software, Retail Traders have plenty of flexibility in setting up these indicators. Today, the example I am showing is Time Segmented Volume and Bollinger %B within the same indicator chart layout, which provides a specific analysis that enables Retail Traders to interpret Price and Volume action in a unique way. Retail Traders are those who have learned how to trade from home.

Go watch the Time Segmented Volume Webinar, learn to Track Dark Pools that trigger High Frequency Trader explosive runs and huge gaps. Cross-over, bottom and top signals, converge and diverge.

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Time Segmented Volume

This approach is a TechniTrader exclusive format which completes the data set for fast, reliable analysis of both Price and Volume over Time. The analysis is simple, straightforward, and easy to use.

Using Relational Technical Analysis™ which is the new approach to reading and interpreting stock charts, the goal is to identify harmonic patterns between Bollinger %B and Time Segmented Volume Indicator. This is just one of several different Bollinger %B and Time Segmented Volume patterns that can be used for stock or option trading.

Harmonic patterns between Bollinger %B and Time Segmented Volume indicate that there are Professional Traders controlling price at that time. Retail Traders should strive to trade with the pro traders rather than against them, which occurs most of the time with standard, basic retail trading systems.

The harmonic pattern is easy to see and provides the confirmation that pro traders are trading large lots using their proprietary trading venues and routing systems to control price entries. These are the most reliable of all momentum runs and offer higher profits with less risk and more consistent price patterns.

Go watch the Bollinger Bands Training Video, to learn the most important patterns for traders and this indicator’s limitations.

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"Bollinger Bands Training Video"

Here are some basic tips for reading Time Segmented Volume and Bollinger %B harmonic patterns:

1. Time Segmented Volume should be slightly above Bollinger %B for a confirmation of upside momentum building.

2. Time Segmented Volume should be below Bollinger %B for confirmation of downside momentum building.

3. The closer the lines and the more in sync, the more harmonic the pattern.

Below is a chart showing a harmonic upside momentum-building phase before the breakout. The stock has been in a tight consolidation for a couple days. Time Segmented Volume and %B start to sync with Time Segmented Volume above Bollinger %B.

Bollinger Bands Improved chart 1 - technitrader

Momentum is building within this tightening consolidation, and the pattern confirms this. The stock moves with sudden momentum.

Bollinger Bands Improved chart 2 - technitrader


Compression patterns and consolidations often break out suddenly without an easy way to identify the underlying momentum building that creates the energy. By using Time Segmented Volume and Bollinger %B together, the hidden momentum energy is revealed with the harmonic pattern.

Go watch a wide variety of webinars in the Learning Center, to experience for yourself the excellence of TechniTrader education. There are Libraries for TC2000,, and MetaStock Users.

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The Gold Standard in Stock Market Education

Trade Wisely,

Martha Stokes CMT

Chartered Market Technician
Instructor and Developer of TechniTrader Stock & Option Market Courses

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