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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Bollinger Bands

Bollinger Bands Rate this Topic:
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griego
Posted : Thursday, November 3, 2005 8:55:35 PM
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Joined: 1/14/2005
Posts: 7
 I am trying to set up Bollinger Bands in my Price Bars.

John Bollinger recommends a 20 day Moving Average with the outside of the bars being set 2 standard deviations above and below the moving average. How do I accomplish this with TC when it is asking me for a moving average and then the width of the bars? I do not understand what they mean by width.

Please help.

Griego
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StockGuy
Posted : Thursday, November 3, 2005 10:52:11 PM

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Joined: 9/30/2004
Posts: 9,187
 The Width parameter is expressed in tenths, so for 2 standard deviations, set the Width parameter to 20.
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griego
Posted : Friday, November 4, 2005 1:29:17 AM
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Joined: 1/14/2005
Posts: 7
 Thank you very much. Your help is greatly appreciated.

Griego
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