Registered User Joined: 10/7/2004 Posts: 41
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bruce your scan from 9/26 ... produced large open bb from very tight bands i was needing to scan from open bands like egg formation going to very closed bands like railroad tracks....with sd(1 ) and period (10)...if possible ..thank you bob schlomowitz
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The Condition Formula given in the xalyx topic is definitely producing results where the Bollinger Bands have gotten significantly narrower on my computer:
SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 - 10 * AVGC10 ^ 2) / 10) <= .3 * SQR(ABS(C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 - 10 * AVGC10.1 ^ 2) / 10)
About the only thing I can think to change after looking at the Condition Formula plotted as a Custom PCF % True Indicator for a bunch of symbols would be to replace the <= with a < sign instead:
SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 - 10 * AVGC10 ^ 2) / 10) < .3 * SQR(ABS(C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 - 10 * AVGC10.1 ^ 2) / 10)
This would eliminate results where the only reason the Condition Formula returns true is that the Bollinger Bandwidth is already zero.
Modelling Bollinger Bands (& Standard Deviation) in a TC PCF
-Bruce Personal Criteria Formulas TC2000 Support Articles
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