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Re: [amibroker] ??



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----- Original Message ----- 
<BLOCKQUOTE 
>
<DIV 
>From: 
Tomasz Janeczko 

To: <A title=amibroker@xxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 
Sent: Tuesday, April 03, 2001 7:46 
PM
Subject: Re: [amibroker] ?? 

Hi,
 
 
<BLOCKQUOTE 
>

Hi Tomasz hope you had am enjoyable trip 

 
Thanks, yes I did.
<BLOCKQUOTE 
>
 
this is a snip of code from your coding 
candlesticks afl
I guess it measures the body of a 
candle
could you please explain how this works in 
simple english
BBandBot( Body,55,0.5); 
ThBotB =BBandBot( Body,55,0.5); 
 
so the bbandbot is a standard applied tothe 
chosen item in the case body
and the 55.0.5 is ?
 
BBandBot function calculates lower (bottom) 
bollinger band from
array specified as a first argument.
Bottom bollinger band is calculatedas 

moving_average( period ) - width * 
standard_deviation( period )
 
The author of original article Mr. 
Likhovidov uses this formula 
to calculate average candle body 
weight.
 
Best regards,
Tomasz Janeczko
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  • References:
    • ??
      • From: David Holzgrefe