Is there somone out there that can make an efs of the Bollinger Band width.
Here is a link that maybe of help.
It says the Bollinger Bandwidth is the upper band minus the lower band divided by the middle band. The bandwidth can be created with the following syntax:
(BOLU - BOLD) / MA
BOLU represents the upper band. BOLD represents the lower band. MA represents the smoothed typical price using the same MA type and period as the Bollinger Bands. This MA will give you the same value as is used for the center line.
High values of bandwidth represent regions of high volatility, while low values of bandwidth represent regions of low volatility.
Thanks for your time....Greg
Here is a link that maybe of help.
It says the Bollinger Bandwidth is the upper band minus the lower band divided by the middle band. The bandwidth can be created with the following syntax:
(BOLU - BOLD) / MA
BOLU represents the upper band. BOLD represents the lower band. MA represents the smoothed typical price using the same MA type and period as the Bollinger Bands. This MA will give you the same value as is used for the center line.
High values of bandwidth represent regions of high volatility, while low values of bandwidth represent regions of low volatility.
Thanks for your time....Greg
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