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Registered User
Joined: 3/22/2005
Posts: 35
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the idea is that a 'squeeze' occurs when the bollinger band width is the lowest value (narrowest) it has been for 6 months...
is it possible to 'sort' for this? i.e. stocks that have the narrowest band width in 6 mos.
if i need to write a pcf would it be possible to give me some direction.
thanks,
-mort
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Registered User
Joined: 3/22/2005
Posts: 35
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btw the criteria for this would be:
-the band witdth increased by 1 point (this is arbitrary)
-the stock price needs to be within 2 points of the 30 day low (2 points is arbitrary also;)
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You may want to check out the following video:
Finding Expanding or Contracting Bollinger Bands
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 3/22/2005
Posts: 35
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thanks:)
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Registered User
Joined: 10/7/2004
Posts: 799
Location: Duluth, GA
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Further suggestion: search for Bollinger Bands in the PCF's Board to find the custom indicator formula for BB bandwidth (i.e N * Standard Deviation).
Now apply a separate 60SMA child indicator to that plot, and look for cases where the Width is below the SMA.
Better yet ... apply a 60,20 BB child indicator to the custom width indicator ... look for cases where the width is below the lower BB.
You can use Comparative SortBy to assist with this.
Jim Dean
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Registered User
Joined: 3/22/2005
Posts: 35
|
QUOTE (Tanstaafl) Further suggestion: search for Bollinger Bands in the PCF's Board to find the custom indicator formula for BB bandwidth (i.e N * Standard Deviation).
Now apply a separate 60SMA child indicator to that plot, and look for cases where the Width is below the SMA.
Better yet ... apply a 60,20 BB child indicator to the custom width indicator ... look for cases where the width is below the lower BB.
You can use Comparative SortBy to assist with this.
Jim Dean
thanks buddy:)
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