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[EquisMetaStock Group] Re: My bollinger band squeeze



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S4,

Try this:

a1:=BBandTop( CLOSE, 10, S, 2 )-BBandBot( CLOSE, 10, S, 2 );
(a1/mov(CLOSE,10,S))*100

If this doesn't do what you want you may need to get off of messenger 
and go to the internet. Then go to the files section of the group and 
look for formula sites. There are a number of them listed. Look for 
Bollinger Band Width% at the sites.

Sorry, I don't see this as difficult or tricky.

Preston 


--- In equismetastock@xxxxxxxxxxxxxxx, Ghibbli <ghibbli@xxxx> wrote:
>
> Hi Pumrysh,
> 
> A really useful code, thanks.
> 
> But actually, I would like to write an indicator that detects the 
> flatness of the Bollinger Bands and it is quite tricky to do !!!
> 
> Any suggestion would be greatly appreciated,
> Tia
> S4
> 
> 
> pumrysh a écrit :
> 
> > --- In equismetastock@xxxxxxxxxxxxxxx, "safdar_keb" 
<safdar19@xxxx>
> > wrote:
> > >
> > > Hello to everyone
> > >
> > > Few days ago there was a discussion about how to find out
> > securities
> > > who's Bollinger bands have come really close
> > > I have managed to write a formula which can find exactly this.
> > > The formula is very basic, but it works.
> > > =======================================================
> > >
> > > cola
> > > a1:=BBandTop( CLOSE, 10, S, 2 )-BBandBot( CLOSE, 10, S, 2 );
> > > (a1/BBandTop( CLOSE, 10, S, 2 ))*100
> > > {finds the % difference between the two bands, the less 
difference
> > > the better the probebility of a breakout}
> > >
> > > colb
> > > b2:=BBandTop( CLOSE, 10, S, 2 )-BBandBot( CLOSE, 10, S, 2 );
> > > c2:=(b2/BBandTop( CLOSE, 10, S, 2 ))*100;
> > > BarsSince(c2>10)
> > > { Finds the no of days the security is moving the tight band }
> > >
> > > filter
> > > cola<10
> > >
> > > ==============================================================
> > > I have taken the bands to be "tight" if the difference between 
the
> > > upper band and lower band is 10% (value in cola)
> > > Filter can be reduced to anyone's liking.
> > > Like wise in colb "BarsSince(c2>10)" 10 can be reduced to any 
lower
> > > number
> > >
> > > Safdar
> > >






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