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Registered User Joined: 6/26/2011 Posts: 128
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Hi Bruce:
Is it possible to know what bollinger%(12,2,simple) will be at the beginning of the
next period if there is no further price change in this period? It seems that it
would be some calculation based on the last 11 periods.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please try the following.
(C - (SUM(C, 11) + C) / 12) / 4 / SQR(ABS((SUM(C ^ 2, 11) + C ^ 2 - (SUM(C, 11) + C) ^ 2 / 12) / 12)) + .5
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 6/26/2011 Posts: 128
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Nice... It allows us to track bollinger% intra-bar. :)
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Registered User Joined: 11/19/2015 Posts: 459
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Hello. I'm intrigued by this. What is this doing, please? Is this projecting a bollinger line forward?
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Registered User Joined: 11/19/2015 Posts: 459
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Hello. Apologies for jumping back to this, but I was hoping to get an understanding of that this formula is doing. Thank you very much.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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All it does it tell you what the simple Bollinger Band %B 12, 2.00 would be at the open of the next bar if price doesn't change between now and then.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 11/19/2015 Posts: 459
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Thank you, Bruce. I appreciate it.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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