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Quiktdr
Posted : Friday, June 14, 2013 11:21:41 AM
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Joined: 10/7/2004
Posts: 794

How can I write a custom indicator in order to derive the numerical value of the upper and lower Bollinger Bands at any point in time rather than by moving lines on tops or bottoms?

 

 

Thank you in advance!

Bruce_L
Posted : Friday, June 14, 2013 11:26:10 AM


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

The Modelling Bollinger Bands (& Standard Deviation) in a TC PCF topic explores the creation of formulas for Bollinger Bands. The exact formulas would depend on your specific Bollinger Band settings and what you mean by "any point in time".



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Quiktdr
Posted : Friday, June 14, 2013 11:57:53 AM
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Joined: 10/7/2004
Posts: 794

True!  I was referring to realtime when I referenced "any point in time" poor choice of words. With repect to BB I am referring to 13, 15 .

 

Thank you!

Bruce_L
Posted : Friday, June 14, 2013 12:30:07 PM


Worden Trainer

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

A Personal Criteria Formula for the Upper Bollinger Band 13,15 in TC2000 version 7 could be written as:

AVGC13 + 1.5 * 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 - 13 * AVGC13 ^ 2) / 12)

A Personal Criteria Formula for the Lower Bollinger Band 13,15 in TC2000 version 7 could be written as:

AVGC13 - 1.5 * 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 - 13 * AVGC13 ^ 2) / 12)



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Quiktdr
Posted : Friday, June 14, 2013 12:44:17 PM
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Joined: 10/7/2004
Posts: 794

Thank you

Bruce_L
Posted : Friday, June 14, 2013 12:47:02 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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