Bollinger Band Strategy

[shamyl]

Hi. I have set-up a Bollinger Band Strategy that will use band lengths of 20 and Standard Deviation of 2.5. I would then like to set up a Formula through the formula wizard such that if a candle closes through an Upper or Lower Bollinger Band, and the open of the next candle is Higher or Lower then execute a Sell or Buy, depending on upper or lower band crossover.
I have attached my attempt, but the results are inaccurate.
Perhaps someone has some existing code i can modify?
Thanks to all for stopping by and any help is appreciated.

[ACM]

Shamyl

if a candle closes through an Upper or Lower Bollinger Band, and the open of the next candle is Higher or Lower...

What does the Open of the next candle have to be higher or lower than?
Alex

[ggutierrez]

boliinger band

can u send me the file

i am very interested in your file
thank you

[spyder9000]

Did anyone finish this thread?

I'm also looking for an EFS that alerts when a stock has crossed and closed above the upper Bollinger Band (or below the lower Bollinger Band).

I found one in another thread, but it had specific closing percentages (meaning that it only alerted if the stock closed 15% above the band).

I'd like something that just alerts on the crossover.

Audio and popup flag alerts would be cool.

Thanks.