Keltner Bands?

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demons19
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Keltner Bands?

Post by demons19 » Sat May 31, 2003 8:51 pm

I am semi-new to trading but everytime I place keltner bands or MA envelopes on intraday price, it just seems like there must be a way to use these things in real time. Does anyone have any practical experience or opinions on these things?
Thanks

Kiwi
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Post by Kiwi » Sat May 31, 2003 11:16 pm

I dont have any experience but John Hill's book "the ultimate trading guide" has a good chapter that explains how to use them. If you dont decide to there are plenty of other good ideas you could use :)

John

demons19
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Post by demons19 » Sat May 31, 2003 11:44 pm

How practical are the ideas in that book?

I ask this because I have a bookcase full of stuff from 20 different authors and I cant make any of it work!.....or worse yet, its garbage.

Or, maybe its me :(

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Post by Kiwi » Sun Jun 01, 2003 12:09 am

Actually, if you cant make some of the ideas in his book work then it is you :lol:

Sorry, I couldnt resist that. :oops: Yes, I think Keltner bands are a practical (but discretionary) approach but if you dont like them he has some good practical approaches to system development. Quite a number of name brand systems use the basic approaches he discusses. From memory he was weak on money management though.

John

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Post by demons19 » Sun Jun 01, 2003 12:57 am

Thats ok John, I am more than open to the possibility that it is ME :D

I will check it out, thanks

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