Registered User Joined: 12/30/2004 Posts: 16
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Hi - I need some help understanding Bollinger Band Alert "Status" as shown in "Alert Console"
Example: On "day 1" I see a very narrow BB and set an alert based on that band. Since price is inside the "squeeze" on "day 1" the "status" in "Alert Counsel" is "Not Passing." Say, 5 days latter (Day 5) I get a message and on checking the "Alert Consel" reports "Passing."
Question: Does this mean (1) that price is now outside the BB's as they were calculated at the time I set the Alert (Day 1) or (2) that price is outside the BB as they are now calculated on (Day 5)?
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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It means that price is now outside the BB's as they are now calculated (on day 5).
-Bruce Personal Criteria Formulas TC2000 Support Articles
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