Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Bollinger Band Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
couto7
Posted : Friday, May 5, 2017 12:26:52 PM
Gold Customer Gold Customer

Joined: 10/14/2004
Posts: 202

Please write PCF where price is trading in the range between the -2 Std Dev and -3 Std Dev within the lower Bollinger Bands and stochastics below the 20 level. 

couto7
Posted : Friday, May 5, 2017 12:27:32 PM
Gold Customer Gold Customer

Joined: 10/14/2004
Posts: 202

On a daily time frame.

Bruce_L
Posted : Friday, May 5, 2017 12:36:11 PM


Worden Trainer

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

The following assumes Bollinger Bands 20, 20 Stochastics 12, 3 SK in TC2000 v7 and that you want the current price to be in that range.

ABS((AVGC20 - C) / SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 + C11 ^ 2 + C12 ^ 2 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 - 20 * AVGC20 ^ 2) / 19) - 2.5) <= .5 AND STOC12.3 < 20

A similar formula for TC2000 v17 would be as follows (and is basd on slightly different widths for the Bollinger Bands.

ABS((AVGC20 - C) / STDDEV20 - 2.5) <= .5 AND STOC12.3 < 20



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.