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Bollinger Bands Width Index

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  • Bollinger Bands Width Index

    Does anyone have any idea how to write the code (using the wizard) for the Bollinger bands width Index with a 3-5 periods MA attached?

    The BBW Index is the difference between +2 and -2SD from an average DIVIDED by the average, or 4 SD/MA

    any help would be appreciated

  • #2
    malexe
    You already have the Bandwidth indicator [albeit not written using the Formula Wizard] in the Bollinger folder of Formulas.
    Alex

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    • #3
      Thx a lot
      but how do I add a moving average to the band width indicator
      and how do I adjust the parameters for the values I want (MA and number of SD?)

      thx again for your help
      cheers

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      • #4
        malexe
        Try running a Search using the keyword bandwidth as both these topics have been covered before in the specific context of this indicator
        Alex

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