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Bollinger Bandwidth

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dhirenshah

Posted : Friday, October 5, 2018 3:44:59 PM

Registered User
Joined: 3/10/2012
Posts: 465

Hey Bruce

how to modify and write the bollinger bandwith 2,20 in this format as below

IIF((AVGC20) > (AVGC20.1), (AVGC20), 1 / 0)

IIF((AVGC20) < (AVGC20.1), (AVGC20), 1 / 0)

and in this link post what does "d" stand for in the formula

http://forums.worden.com/default.aspx?g=posts&t=66578

thanks

Dhiren

Bruce_L

Posted : Friday, October 5, 2018 3:58:00 PM

Worden Trainer

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

d is the distance between the centerline and the Bollinger Bands in multiples of the standard deviation.

Bollinger Bandwidth

IIF(STDDEV20 / AVGC20 > STDDEV20.1 / AVGC20.1, 4 * STDDEV20 / AVGC20, 1 / 0)

And:

IIF(STDDEV20 / AVGC20 < STDDEV20.1 / AVGC20.1, 4 * STDDEV20 / AVGC20, 1 / 0)

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

dhirenshah

Posted : Friday, October 5, 2018 4:04:22 PM

Registered User
Joined: 3/10/2012
Posts: 465

Awesome perfect Bruce

Just a correction second formula should be < instead of > but i got it

cheers and thanks

have good weekend

Bruce_L

Posted : Friday, October 5, 2018 4:11:24 PM

Worden Trainer

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

You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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