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Joined: 7/12/2013(UTC)
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Hi friends
i have written a formula which shows the band width of the bollinger band at it lowest as compared to the past 30 bars.
please someone help me that is this formula correct
If((4*(Std(C,20))/Mov(C,20,E)) < (LLV(4*(Std(C,20))/Mov(C,20,E),100)),1,0)
also i have written a formula that the price has closed above or below the bollinger bands. the formula is
If((C > (BBandTop(C,20,S,2))) OR (C < (BBandBot(C,20,S,2))),1,0)
are these two formula correct.
please someone help
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