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Bollinger Band Squeeze Rate this Topic:
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robertrao
Posted : Monday, June 3, 2013 2:22:19 PM
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Joined: 10/13/2009
Posts: 4

I am looking for one 'ready to go' and dont see one in the Library 

Bruce_L
Posted : Monday, June 3, 2013 2:25:38 PM


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Joined: 10/7/2004
Posts: 65,138

You may wish to review the Can you tell me how to create a condition when the bollinger bands squeeze together? topic.



-Bruce
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claudb
Posted : Monday, June 3, 2013 2:31:20 PM
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Joined: 12/3/2004
Posts: 30

Bruce, You wrote this PCF for me. I would like to change the doji size from .1 to .05. Where would I make that  change?     (((H + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 + ABS(H - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2 - ((O + H + L + C + XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1 + ABS(O + H + L + C - XAVGO3.1 - XAVGH3.1 - XAVGL3.1 - XAVGC3.1)) / 2) / 4 < .1 * ((H + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 + ABS(H - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2 - (L + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 - ABS(L - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2)) OR (((O + H + L + C + XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1 - ABS(O + H + L + C - XAVGO3.1 - XAVGH3.1 - XAVGL3.1 - XAVGC3.1)) / 2) / 4 - (L + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 - ABS(L - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2 < .1 * ((H + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 + ABS(H - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2 - (L + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 - ABS(L - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2))) AND (ABS((XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4 - (O1 + H1 + L1 + C1) / 4) < .1 * ((H1 + (XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4 + ABS(H1 - (XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4)) / 2 - (L1 + (XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4 - ABS(L1 - (XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4)) / 2))                                                                                                                                        

Bruce_L
Posted : Monday, June 3, 2013 2:34:48 PM


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Joined: 10/7/2004
Posts: 65,138

If I'm understanding your question correctly, you would need to change every instance of < .1 to < .05 instead:

(((H + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 + ABS(H - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2 - ((O + H + L + C + XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1 + ABS(O + H + L + C - XAVGO3.1 - XAVGH3.1 - XAVGL3.1 - XAVGC3.1)) / 2) / 4 < .05 * ((H + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 + ABS(H - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2 - (L + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 - ABS(L - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2)) OR (((O + H + L + C + XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1 - ABS(O + H + L + C - XAVGO3.1 - XAVGH3.1 - XAVGL3.1 - XAVGC3.1)) / 2) / 4 - (L + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 - ABS(L - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2 < .05 * ((H + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 + ABS(H - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2 - (L + (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4 - ABS(L - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4)) / 2))) AND (ABS((XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4 - (O1 + H1 + L1 + C1) / 4) < .05 * ((H1 + (XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4 + ABS(H1 - (XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4)) / 2 - (L1 + (XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4 - ABS(L1 - (XAVGO3.2 + XAVGH3.2 + XAVGL3.2 + XAVGC3.2) / 4)) / 2))



-Bruce
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claudb
Posted : Monday, June 3, 2013 2:54:53 PM
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Joined: 12/3/2004
Posts: 30

Yes Bruce. Thank you

fpaton
Posted : Monday, December 23, 2013 3:22:13 PM
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Joined: 11/9/2004
Posts: 5

Hi Bruce,  I tried your formula for the bollinger band tight squeeze but it did not produce my desired results. There were several stocks that should've been in the list but they were not.  The only stocks that appeared in the list I would not consider a tight squeeze. I looked at the formula but was unable to determine the relationship between the variables.  Can you give me a quick summary of the condition elements...Thanks....   

fpaton
Posted : Monday, December 23, 2013 3:36:00 PM
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Joined: 11/9/2004
Posts: 5

Bruce I forgot to send a stock example...try RFP that broke out today but was in a very very tight squeeze for awhile...Thanks

fpaton
Posted : Monday, December 23, 2013 3:37:00 PM
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Joined: 11/9/2004
Posts: 5

Sorry Bruce the stock is RGP not RFP...thanks...

Bruce_L
Posted : Monday, December 23, 2013 3:43:35 PM


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Joined: 10/7/2004
Posts: 65,138

The formulas given in this topic actually have nothing to do with a Bollinger Band Squeeze and were given in response to claudb's question and not to robertrao's original question which started the topic.

You would need to click through the link in the first response given in this topic to find an explanation of how to create a condition to identify a Bollinger Band Squeeze.

Can you tell me how to create a condition when the bollinger bands squeeze together?



-Bruce
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