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Thanks for the Bollinger Band
feedback....
>Bollinger bands
Bollinger Bands are envelopes which surround the
price bars on a chart. Bollinger Bands are plotted two standard deviations away
from a simple short-term moving average. This is the primary difference between
Bollinger Bands and envelopes. Envelopes are plotted a fixed percentage above
and below a moving average. Because standard deviation is a measure of
volatility, the Bollinger Bands adjust themselves to the market conditions. They
widen during volatile market periods and contract during less volatile periods.
Bollinger Bands become moving standard deviation bands. Bollinger Bands are
displayed with a third line. This is the simple (short-term) moving average
line. The time period for this moving average can vary. The default for
short-term moving average in AmiBroker is 15 >days.
A 200% setup looks about right for the Russell 2000 which is
what I'm plotting, with a 15 day simple short MA.
thanks again,
.........Joe Platt
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=gkavanagh@xxxxxxxxxxxxx
href="">Graham
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Friday, December 26, 2003 6:14
PM
Subject: RE: [amibroker] Bollinger
Bands
There is a description in the help files, Technical
Analysis Guide - basictools.Cheers,Graham<A
href="">http://groups.msn.com/asxsharetrading<A
href="">http://groups.msn.com/fmsaustralia
-----Original Message-----From: Joseph Platt
[mailto:jplatt@xxxxxxxxxxxxxx] Sent: Saturday, 27 December 2003 4:39
AMTo: <A
href="">amibroker@xxxxxxxxxxxxxxxSubject:
[amibroker] Bollinger BandsI wonder what is generally considered
to be the "more or less" standard Amibroker setting for Bollinger
Bands.thanks,.........Joe PlattSend BUG REPORTS to
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