Stock Portfolio Organizer

The ultimate porfolio management solution.

Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
For Portfolio Manager Click Here

WiseTrader Toolbox

#1 Selling Amibroker Plugin featuring:

Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Find Out More Here

Bollinger Bandwidth for Amibroker (AFL)

Rating:
5 / 5 (Votes 2)
Tags:
amibroker, bollinger

Developed by John Bollinger. Creator of Bollinger Bands. used to identify period of low volatility

Screenshots

Similar Indicators / Formulas

Kavach Of Karna v2
Submitted by hbkwarez over 9 years ago
Advanced Elliott Waves
Submitted by MarcosEn over 12 years ago
3_6Day GuaiLiLv
Submitted by motorfly over 12 years ago
Williams Alligator System
Submitted by durgesh1712 over 12 years ago
*Level Breakout system*
Submitted by Tinych over 12 years ago

Indicator / Formula

Copy & Paste Friendly
//  Formula Name:    Bollinger Bandwidth
//  Author/Uploader: Buvanes					 
//  E-mail:          buvanes1989@gmail.com	
//  Date/Time Added: 15.0.2010 12:45:00
//  Origin:          Translated from the "Bollinger on Bollinger" by Dennis Skoblar
//  Keywords:        Bollinger

//volatility is plotted on a percentage basis. Used for trading system
//volatility should be compared on a relative basis not on 
//absolute basis. A six month low should be taken as a period of extreme low volatility
//according to bollinger. THen a breakout can be traded with the help of bollinger band.
//however u can backtest according to your wish
_SECTION_BEGIN("Bollinger Bandwidth");
a1=Param("period",20,10,50,1,0);
a2=Param("Standard Deviation",2,1.5,2.5,0.1,0);
a3=BBandTop(Close, a1, a2);
a4=BBandBot(Close, a1, a2);
a5=a3-a4;
a6=MA(Close,14);
a7=a5/a6*100;
Plot( a7,"Bollinger Bandwidth",ParamColor( "color", colorCycle ), ParamStyle("Style")  );
_SECTION_END();

1 comments

1. BBands

Just one small correction. In line 19 replace ‘14’ with ‘a1’.

Enjoy,

John Bollinger

Leave Comment

Please login here to leave a comment.

Back