Hi All,

Any one in this forum has the original in build bollinger band indicator for metastock?

I just wish to code this indicator separatelly without using Bband top/bot function

And also has any one in this forum compare the performance of better bollinger band/ denvelope and equis bollinger band ? is better bollinger band  actually better than equis bollinger band?

Thank you

 

 

 

 

Here is one from the net:


Bollinger Bands formula 7 day
enter long
high>(mov(Close,20,S)-std(Close,20,2)) and
ref(low,-7)<ref((mov(Close,20,S)-std(Close,20,2)),-7)
exit long
close<(mov(Close,20,S)+std(Close,20,2)) and
ref(close,-7)>ref((mov(Close,20,S)+std(Close,20,2)),-7)
and
Mov((RSI(14)- LLV(RSI(14),14))
/(HHV(RSI(14),14)-(LLV(RSI(14),14))),14,E)*100<70 and
ref((Mov((RSI(14)- LLV(RSI(14),14))
/(HHV(RSI(14),14)-(LLV(RSI(14),14))),14,E)*100),-3)>70
and
(mov(Close,20,S)+std(Close,20,2))>(mov(c,89,s)+(.062*(mov(c,89,s))))

Hi Travis,

Welcome to the forum.

The Bollinger Band code is in the MS Users Manual, look in the section "Creating your Own Indicators"



Hope this helps.

wabbit

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Thanks a lot wabbit for your explanation and greetings