BOMAR (Bob & Marc)

July 1992 Instinet Purchased BOMAR Securities

Instinet Corp, the equities trading system bought Bomar Securities LP, July 1992

BOMAR SECURITIES IS NOW A PART OF INSTINET

July 27, 1992

Instinet Corp, the equities trading system subsidiary of Reuters Holdings Plc, has bought Bomar Securities LP for $8m cash: New York-based Bomar has a database of over 3,000 stocks with price histories going back eight years, and markets a workstation that enables users to monitor real time stock price data and analyse histor

July 27, 1992

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Bomar Securities LP purchased by Instinet Analytics

Instinet Analytics purchased BOMAR Securities

July 1992

Bomar Bands

In the early 80’s Bob Brogan and Marc Chaikin developed the first adaptive band system, called Bomar Bands. (Bob + Marc), the first adaptive bands which let the data set the band width. They were designed to contain 85% of the price action over the latest 12 months (250 periods). That was a significant improvement to the former bands, as the width of the band grew or shrunk depending upon the market action. The Bomar Bands consist of a center line and two price channels above and below it. If price tags the upper band and indicator action confirms it, no sell signal is generated. On the other hand, if price tags the upper band and indicator action does not confirm (that is, it diverges), we have a sell signal.

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Using Bollinger Bands....along with Bomar Bands

Bollinger Bands builds on these prior concepts of having bands built around price, but specifically, he seemed to take to the work of Chaikin and Brogan with their BOMAR Bands, and the work of Jim Yates:

He based his calculations of how the bands move by using VOLATILITY to calculate where the bands are located.
He used 2 STANDARD DEVIATIONS above and below the bands, which will contain (or explain) the odds of about 88 to 89% of price movement.

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Bomar Bands

Bands and envelopes, as it is quite important in trading

a percentage band based on moving averages.

Bands formed by moving averages

There are several envelope types in trading. The simplest is the moving average envelope with percentage bands, n% away from the central average that shows a 10-bar EMA with 0.2% bands.

Envelopes on highs and lows

Bands will show prices contained within the band at sideway channel price movements and will indicate the beginning of a trend with a breakout or breakdown.

Information can be found on https://www.forex.academy/profitable-trading-computerized-studies-iv-bands-and-envelopes/

* Reviews: 1. The fact that the testimonial may not be representative of the experience of other customers and 2. The testimonial is no guarantee of future performance or success.

•The Brogan Group is providing the following charts as an illustration only. •The illustrations are not FINRA Rule 2411 research reports and are not intended as to buy or sell securities. •The Brogan Group recommends that persons desiring to trade or invest in securities do so cautiously and in consultation with their financial advisors.

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The Brogan Group Equity Research

Technical Research for the Stock Market, Specializing in Money Flow

The History of BOMAR Securities Bob Brogan & Marc Chaikin

The History of BOMAR explained by Marc Chaikin

BOMAR (continued)

July 1992 Instinet Purchased BOMAR Securities

BOMAR SECURITIES IS NOW A PART OF INSTINET

Instinet Analytics purchased BOMAR Securities

Bomar Bands

Bomar Bands calculation

Using Bollinger Bands....along with Bomar Bands

Bomar Bands

Bands and envelopes, as it is quite important in trading

Bands formed by moving averages

Envelopes on highs and lows