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Original code of bollinger band - Original code of bollinger band
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Mr Travis  
#1 Posted : Wednesday, March 25, 2009 8:27:50 PM(UTC)
Mr Travis

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Joined: 3/26/2009(UTC)
Posts: 7

Hi All,

Any one in this forum has the original in build bollinger band indicator for metastock?

I just wish to code this indicator separatelly without using Bband top/bot function

And also has any one in this forum compare the performance of better bollinger band/ denvelope and equis bollinger band ? is better bollinger band actually better than equis bollinger band?

Thank you
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johnl  
#2 Posted : Wednesday, March 25, 2009 9:24:17 PM(UTC)
johnl

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Joined: 11/7/2005(UTC)
Posts: 602
Here is one from the net:


Bollinger Bands formula 7 day
enter long
high>(mov(Close,20,S)-std(Close,20,2)) and
ref(low,-7)<ref((mov(Close,20,S)-std(Close,20,2)),-7)
exit long
close<(mov(Close,20,S)+std(Close,20,2)) and
ref(close,-7)>ref((mov(Close,20,S)+std(Close,20,2)),-7)
and
Mov((RSI(14)- LLV(RSI(14),14))
/(HHV(RSI(14),14)-(LLV(RSI(14),14))),14,E)*100<70 and
ref((Mov((RSI(14)- LLV(RSI(14),14))
/(HHV(RSI(14),14)-(LLV(RSI(14),14))),14,E)*100),-3)>70
and
(mov(Close,20,S)+std(Close,20,2))>(mov(c,89,s)+(.062*(mov(c,89,s))))
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wabbit  
#3 Posted : Wednesday, March 25, 2009 9:34:44 PM(UTC)
wabbit

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Hi Travis,

Welcome to the forum.

The Bollinger Band code is in the MS Users Manual, look in the section "Creating your Own Indicators"



Hope this helps.

wabbit [:D]
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Mr Travis  
#4 Posted : Wednesday, March 25, 2009 11:14:49 PM(UTC)
Mr Travis

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Groups: Registered, Registered Users
Joined: 3/26/2009(UTC)
Posts: 7

Thanks a lot wabbit for your explanation and greetings
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