• 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 |

Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Bollinger band setting 50 period 25 width

Bollinger band setting 50 period 25 width Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
21dful
Posted : Saturday, September 13, 2008 12:20:19 PM
Registered User
Joined: 1/31/2007
Posts: 10
  1. I tried  to make a custom indicator of the price at the bands with these settings.UPPER BAND:            AVGC50 + 2.5 * SQR(ABS(C ^ 2.5 + C1 ^ 2.5 + C2 ^ 2.5 + C3 ^ 2.5 + C4 ^ 2.5 + C5 ^ 2.5 + C6 ^ 2.5 + C7 ^ 2.5 + C8 ^ 2.5 + C9 ^ 2.5 + C10 ^ 2.5 + C11 ^ 2.5 + C12 ^ 2.5 + C13 ^ 2.5 + C14 ^ 2.5 + C15 ^ 2.5 + C16 ^ 2.5 + C17 ^ 2.5 + C18 ^ 2.5 + C19 ^ 2.5 + C20 ^ 2.5 + C21 ^ 2.5 + C22 ^ 2.5 + C23 ^ 2.5 + C24 ^ 2.5 + C25 ^ 2.5 + C26 ^ 2.5 + C27 ^ 2.5 + C28 ^ 2.5 + C29 ^ 2.5 + C30 ^ 2.5 + C31 ^ 2.5 + C32 ^ 2.5 + C33 ^ 2.5 + C34 ^ 2.5 + C35 ^ 2.5 + C36 ^ 2.5 + C37 ^ 2.5 + C38 ^ 2.5 + C39 ^ 2.5 + C40 ^ 2.5 + C41 ^ 2.5 + C42 ^ 2.5 + C43 ^ 2.5 + C44 ^ 2.5 + C45 ^ 2.5 + C46 ^ 2.5 + C47 ^ 2.5 + C48 ^ 2.5 + C49 ^ 2.5 - 50 * AVGC50 ^ 2.5) / 49)  LOWER BAND: AVGC50 - 2.5 * SQR(ABS(C ^ 2.5 + C1 ^ 2.5 + C2 ^ 2.5 + C3 ^ 2.5 + C4 ^ 2.5 + C5 ^ 2.5 + C6 ^ 2.5 + C7 ^ 2.5 + C8 ^ 2.5 + C9 ^ 2.5 + C10 ^ 2.5 + C11 ^ 2.5 + C12 ^ 2.5 + C13 ^ 2.5 + C14 ^ 2.5 + C15 ^ 2.5 + C16 ^ 2.5 + C17 ^ 2.5 + C18 ^ 2.5 + C19 ^ 2.5 + C20 ^ 2.5 + C21 ^ 2.5 + C22 ^ 2.5 + C23 ^ 2.5 + C24 ^ 2.5 + C25 ^ 2.5 + C26 ^ 2.5 + C27 ^ 2.5 + C28 ^ 2.5 + C29 ^ 2.5 + C30 ^ 2.5 + C31 ^ 2.5 + C32 ^ 2.5 + C33 ^ 2.5 + C34 ^ 2.5 + C35 ^ 2.5 + C36 ^ 2.5 + C37 ^ 2.5 + C38 ^ 2.5 + C39 ^ 2.5 + C40 ^ 2.5 + C41 ^ 2.5 + C42 ^ 2.5 + C43 ^ 2.5 + C44 ^ 2.5 + C45 ^ 2.5 + C46 ^ 2.5 + C47 ^ 2.5 + C48 ^ 2.5 + C49 ^ 2.5 - 50 * AVGC50 ^ 2.5) / 49)            ARE THESE CORRECT                                                       
Back to top
Bruce_L
Posted : Monday, September 15, 2008 9:20:47 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 Please try the following instead:

Upper BB 50,25:

AVGC50 + 2.5 * 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 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 + C20 ^ 2 + C21 ^ 2 + C22 ^ 2 + C23 ^ 2 + C24 ^ 2 + C25 ^ 2 + C26 ^ 2 + C27 ^ 2 + C28 ^ 2 + C29 ^ 2 + C30 ^ 2 + C31 ^ 2 + C32 ^ 2 + C33 ^ 2 + C34 ^ 2 + C35 ^ 2 + C36 ^ 2 + C37 ^ 2 + C38 ^ 2 + C39 ^ 2 + C40 ^ 2 + C41 ^ 2 + C42 ^ 2 + C43 ^ 2 + C44 ^ 2 + C45 ^ 2 + C46 ^ 2 + C47 ^ 2 + C48 ^ 2 + C49 ^ 2 - 50 * AVGC50 ^ 2) / 49)

Lower BB 50,25:

AVGC50 - 2.5 * 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 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 + C20 ^ 2 + C21 ^ 2 + C22 ^ 2 + C23 ^ 2 + C24 ^ 2 + C25 ^ 2 + C26 ^ 2 + C27 ^ 2 + C28 ^ 2 + C29 ^ 2 + C30 ^ 2 + C31 ^ 2 + C32 ^ 2 + C33 ^ 2 + C34 ^ 2 + C35 ^ 2 + C36 ^ 2 + C37 ^ 2 + C38 ^ 2 + C39 ^ 2 + C40 ^ 2 + C41 ^ 2 + C42 ^ 2 + C43 ^ 2 + C44 ^ 2 + C45 ^ 2 + C46 ^ 2 + C47 ^ 2 + C48 ^ 2 + C49 ^ 2 - 50 * AVGC50 ^ 2) / 49)

That said, it is generally easier to just add the Bollinger Band Indicator to the Chart if you want to Plot it in TeleChart. You may wish to review the following:

Plotting Custom Indicators with Examples
Adding, removing and saving indicators to a chart template
Modelling Bollinger Bands (& Standard Deviation) in a TC PCF
PCF Formula Descriptions
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Back to top
21dful
Posted : Monday, September 15, 2008 9:52:50 AM
Registered User
Joined: 1/31/2007
Posts: 10
 Thanks Bruce  
Back to top
Bruce_L
Posted : Monday, September 15, 2008 9:57:05 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Back to top
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.