Registered User Joined: 10/7/2004 Posts: 794
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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!
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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
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Registered User Joined: 10/7/2004 Posts: 794
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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!
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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
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Registered User Joined: 10/7/2004 Posts: 794
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Thank you
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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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