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i was just looking for the formula to scan for stocks not to plot the
%b. what would it be to find stocks trading at a %b greater than 85%
with a moving average of 10 and standard deviation of 1.5?
thx again
--- In amibroker@xxxxxxxxxxxxxxx, "Gordon Sutherland" <gosuth@xxx>
wrote:
>
> This is my code to produce %b:
>
> _SECTION_BEGIN("BB %b");
> /* Code for Bollinger Bands %b
> Algorithm for %b = (Close - lower band) / (upper band - lower
> band) Tells you where the Close is in relation to the Bollinger
Bands
> in % terms i.e. below BBandBot show up as below zero */
>
> /* Define Parameters */
> BBPer = Param("BB's SMA Periods",20,10,100,1);
> StdDev = Param("# of Std Devs",2.0,0.5,5,0.1);
> ColPct_b = ParamColor("BB %b",colorGreen);
> ColUpperBB = ParamColor("Upper BB",colorRed);
> ColLowerBB = ParamColor("Lower BB",colorBlue);
> GraphXSpace = Param("GraphXspace",7,0,10,1);
>
> /* Coding for Bollinger Bands %b */
> BTop = BBandTop(Close, BBPer, StdDev);
> BBot = BBandBot(Close, BBPer, StdDev);
> Pct_b = ((C - BBot) / (BTop - BBot)) * 100;
>
> Plot(Pct_b,"Pct_b",ColPct_b,1);
> Plot(100,"Upper BB Level",ColUpperBB,1+4);
> Plot(0,"Lower BB Level",ColLowerBB,1+4);
> _SECTION_END();
>
> Regards,
>
> Gordon Sutherland
>
>
> -----Original Message-----
> From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]
On
> Behalf Of thecoolestdude1369
> Sent: Sunday, 5 November 2006 8:20 a.m.
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] %b
>
> does anyone know..what is the formula to figure out the %b of a
stock
>
>
>
>
> Please note that this group is for discussion between users only.
>
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>
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