Bobao Forecast System
BoBao Forecast System, conceived by PlayOptions.it, integrating the mathematical functions of the Bollinger Bands with those of the Linear Regression. Practically probability (standard deviation) and forecast (Linear Forecast). The calibration of Bollinger Bands corresponds to a probability of containing prices of 72% in the external bands and of 50% in the internal bands. The use is very simple, the signal is generated by the regression line when it crosses one of the two outer bands if the upper one is passed from top to bottom a SELL signal is generated, and vice versa for the lower one a BUY signal is generated. The two central bands serve to shorten the trader’s decision-making journey, which will have to declare the signal false if the regression line returns to the band just passed, therefore four decision points for a trend.
For further information, is available an Audiobook with instructions and working examples.