StockFetcher Forums · Filter Exchange · Bollinger Bands applied to Upper and Lower Bollinger Bands<< >>Post Follow-up
SAFeTRADE
646 posts
msg #147843
Ignore SAFeTRADE
modified
5/20/2019 7:20:02 AM

I don't know if this idea has been presented on this form before. This filter in my mind presents
some interesting views on price action relative to these bands. Observe and draw your own
conclusions and methods of application using RSI(2) as entry and exit points.

Fetcher[dow 30

draw Upper Bollinger Band(20,2)

set{my_avg, upper Bollinger Band(20,2)}
set{sigma2, cstddev(upper Bollinger Band(20,2),10) * 2.0}
set{upper_band, my_avg + sigma2}
set{lower_band, my_avg- sigma2}
set{cls1, close}
set{cls2, close}
set{my_avg2, lower Bollinger Band(20,2)}
set{sigma22, cstddev(lower Bollinger Band(20,2),10) * 2.0}
set{upper_band2, my_avg2 + sigma22}
set{lower_band2, my_avg2 - sigma22}



draw upper_band on plot my_avg
draw lower_band on plot my_avg
draw cls1 on plot my_avg


draw upper_band2 on plot my_avg2
draw lower_band2 on plot my_avg2
draw cls2 on plot my_avg2




draw rsi(2)
chart_length 6 months
]




StockFetcher Forums · Filter Exchange · Bollinger Bands applied to Upper and Lower Bollinger Bands<< >>Post Follow-up

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