Bollinger calculation

[ez2njoy]

I am looking for an efs that will calculate the spread between the Bollinger Bands and display this calculation.

Does anyone know where there might exist a formula?

[mig928]

BB is based on the standard deviation of a moving average. The difference is simply the standard deviation used time 2.

[drd1]

ez2njoy,

In the latest version of eSignal (v7.4, maybe earlier) there is already an indicator for that. Look in Formulas/Bollinger/Bandwidth.efs. I just started using it myself recently.

[ez2njoy]

no mig, the bands expand and contract.

I want to be able to see the numberical difference between the bands as the do this throughout the day.

I look for wide band difference for setups and would like to know what that difference is at a glance rather than reading the values off of the chart and quickly doing the math.

[dloomis]

Check this out, I think the efs you want is in there.

http://forum.esignalcentral.com/show...ight=bollinger

[ez2njoy]

ok, I changed the standard BB Bandwidth formula to get what I wanted.

Thanks all.

I am attaching the efs.

[chebipb]

I note from this formula graph that a change in Underlying trend occurs with a change in slope of the graph.

Could you suggest a formula script or adder that would alert you of a change in slope of BB difference graph

Thanks

PBC