Bollinger Bands - Relative Bandwidth

[Seshadri]

Hi,

To anyone out there with eSignal coding experience (Alex you can help I am sure), I have a request...

Is it possible to get the computation of Relative Bandwidth for Bollinger Bands as described in the July 2003 issue of Active Trader magazine as an eSignal efs study with input parameters for length and std dev and color?

I would appreciate an early reply. Thanks.

Sesh

[TS Support]

Hi Sesh,

Could you please post that article or the formula of Relative Bandwidth for Bollinger Bands and we'll try to code it as EFS study.

Thank you,
Andy

[Bsulli]

Here is some detail on the %B code

Originally posted by TS Support
Hi Sesh,

Could you please post that article or the formula of Relative Bandwidth for Bollinger Bands and we'll try to code it as EFS study.

Thank you,
Andy

MetaStock code for BandWidth indicator used in "Setting up trades with Relative Bandwidth," p. 52: from the July 2003 Active Trader article.

BandWidth = (BBandTop(C,10,S,2)-BBandBot(C,10,S,2)/Mov(C,10,S)*100

MetaStock code for stochastic oscillator of the BandWidth indicator:

(Sum(Fml("BandWidth") - LLV(Fml
("BandWidth"),10),3)/Sum(HHV(Fml("BandWidth"),10)-
LLV(Fml("BandWidth"),10),3))*100; 20; 80

http://www.bollingerbands.com/services/bb/bandwidth.php

http://www.bollingerbands.com/servic...alculation.php This is the specific code from John's website.


I have an older S&C articel that John Bollinger wrote specifically about the %B if you need that as well. Would have to scan it in.

I would like a copy of the efs if you can code it.

Bsulli