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Re: Wheat



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<DIV><FONT size=2>The oscillator you refer to is the <STRONG>Bollinger %B 
Oscillator</STRONG>.</FONT></DIV>
<DIV><FONT size=2>It was &lt;in its original form&gt;&nbsp;already&nbsp;posted 
back in 1997,&nbsp;and roughly about 10+ times later on.</FONT></DIV>
<DIV><FONT size=2>The last time&nbsp;sent to the List was on </FONT><FONT 
size=2>July 29th !!!!! (see old mail below).</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>What's in a name?</DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV></FONT>
<DIV><FONT size=2>There are some illiterates folks&nbsp;here that cannot 
distinguish right between names, formulas&nbsp;or even between</FONT></DIV>
<DIV><FONT size=2>races(nationalities).</FONT></DIV>
<DIV><FONT size=2>O</FONT><FONT size=2>f which </FONT><FONT size=2>the lastest 
</FONT><FONT size=2>MACD histogram posts (or in me being a 
"Dutchie"),&nbsp;were&nbsp;pretty good schoolbook examples.</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>MACD Histogram</DIV></STRONG></FONT>
<DIV><FONT size=2>Only 2 (!!)&nbsp;out of the whole bunch of List posts recently 
sent, held also&nbsp;</FONT><FONT size=2>the </FONT><FONT size=2>correct 
one&nbsp;:</FONT></DIV>
<DIV><FONT size=2>"a plain MSK build-in MACD indicator for its plot&nbsp;turned 
&lt;via Properties|Style&gt; into a Histogram's bar styled plot".</FONT></DIV>
<DIV><FONT size=2>Whatever else that was sent here also, can be anything, 
possibly trading indicators, but none of them were</FONT></DIV>
<DIV><FONT size=2>the </FONT><FONT size=2>MACD Histogram.</DIV></FONT>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>This naturaly creates confusion and seems to be a 
silly&nbsp;standard List sport.</FONT></DIV>
<DIV><FONT size=2>But that is surely not very funny for its 
writers/publishers/copyright-holders, nor for others:</FONT></DIV>
<DIV><FONT size=2>it's also </FONT><FONT size=2>a pain&nbsp;for the </FONT><FONT 
size=2>interested/users/List-members/MSK-users/younameit (and see above 
for&nbsp;results).</DIV></FONT>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger %B Oscillator</STRONG></DIV></FONT>
<DIV><FONT size=2>Like said at the top,&nbsp;the original formula(s) are printed 
below.</FONT></DIV>
<DIV><FONT size=2>Any time-interval change or other made minor 
changes/non-constructional changes/concept-changes </FONT><FONT 
size=2>are</FONT></DIV>
<DIV><FONT size=2>a mere&nbsp;standard user option in&nbsp;all software 
packages, and is therefore not to be mixed up with </FONT><FONT 
size=2>anyone</FONT></DIV>
<DIV><FONT size=2>creating or designing </FONT><FONT size=2>his or hers own 
indicator.</FONT></DIV>
<DIV><FONT size=2>&nbsp;</DIV></FONT>
<DIV><FONT size=2>Usage as such&nbsp;or renaming the subject as such 
&lt;publicaly&gt;&nbsp;is in/a violation of the originators intends, 
</FONT><FONT size=2>and</FONT></DIV>
<DIV><FONT size=2>should </FONT><FONT size=2>therefore&nbsp;</FONT><FONT 
size=2>for minimum </FONT><FONT size=2>get the originator's 
approval.</FONT></DIV>
<DIV><FONT size=2>If there hasn't been given such an approval to do so, then 
</FONT><FONT size=2>any public use as such, is&nbsp;plagiarism and a 
straight</DIV></FONT>
<DIV><FONT size=2>out violation of above mentioned rights. A violator 
can&nbsp;then&nbsp;expect to be notified, and on contious use </FONT><FONT 
size=2>to&nbsp;be</FONT></DIV>
<DIV><FONT size=2>put </FONT><FONT size=2>on&nbsp;notice or even going 
</FONT><FONT size=2>as far as lawsuits made out to him/her.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Your reference for this and more alike subjects has already 
been publicly, three(3x) times&nbsp;now this year, been</FONT></DIV>
<DIV><FONT size=2>notified of the above violation </FONT><FONT 
size=2>breaches.</FONT></DIV>
<DIV><FONT size=2>Futher action(s) will be taken should this 
continue.</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>On usage of the %B oscillator in various markets, one will 
have to develop its own techniques. In the stockmarket</FONT></DIV>
<DIV><FONT size=2>it is nothing more/less than a trendfollowing 
OB/OS&nbsp;indicator, that shows early "continuation delays" or</FONT></DIV>
<DIV><FONT size=2>"turnarounds" in </FONT><FONT size=2>a trend. Not precise 
signals and not to be mixed up with use in the &lt;only oscillating&gt; 
futures</FONT></DIV>
<DIV><FONT size=2>(commodities) markets.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>Regards,<BR>Ton Maas<BR><A 
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss the 
".nospam" bit (including the dot) when replying.<BR>Homepage&nbsp; <A 
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</DIV></A>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV 
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
A.J. Maas </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx 
href="mailto:metastock@xxxxxxxxxxxxx";>Metastock-List</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> zaterdag 29 juli 2000 19:23</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: BBWI</DIV>
<DIV><BR></DIV>
<DIV><FONT size=2>The basic calculation&nbsp;of the&nbsp;<STRONG>Band Width 
</STRONG>and <STRONG>plotted </STRONG>as an <STRONG>indicator </STRONG>is 
</FONT><FONT size=2>the</FONT></DIV>
<DIV><FONT size=2>"&nbsp;<FONT size=2><STRONG>Bollinger Bandrange in $ - John 
Bollinger&nbsp;</STRONG>" that's printed below. </FONT></FONT><FONT size=2>You 
will find</FONT></DIV>
<DIV><FONT size=2>that there have&nbsp;been many variaties of it&nbsp;been 
written, see </FONT><FONT size=2>also below. </FONT><FONT size=2>It 
caluclates</FONT></DIV>
<DIV><FONT size=2>the <STRONG>$ </STRONG>(points) or <STRONG>% 
</STRONG>("percentage&nbsp;difference" and </FONT><FONT size=2>some also 
</FONT><FONT size=2>its "Momentum ratio") of</FONT></DIV>
<DIV><FONT size=2><STRONG>the distance between the Upper and the Lower 
Band</STRONG>.</DIV></FONT>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>-<STRONG>smaller </STRONG>values will show the 
<STRONG>contraction </STRONG>of bands = Less(er) Volatility 
(ahead).</FONT></DIV>
<DIV><FONT size=2>-<STRONG>larger </STRONG>values will show the <STRONG>widening 
</STRONG>of the bands = Large(r) Volatility (ahead).</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>If it's valuable analysis, is to one's own likings. Personaly 
I find the Weekly readings</FONT></DIV>
<DIV><FONT size=2>of additional value. Like JB, also the below free traderstip 
uses these statistical value's</FONT></DIV>
<DIV><FONT size=2>components&nbsp;</FONT><FONT size=2>for 
trade-triggers.</DIV></FONT>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>The</STRONG></FONT><FONT size=2><SPAN><STRONG> 
indicators introduced in the </STRONG><FONT color=#000000 size=2><STRONG>July 
2000 issue of "Technical Analysis of</STRONG></FONT></SPAN></FONT></DIV>
<DIV><FONT size=2><SPAN><FONT color=#000000 size=2><STRONG>Stocks &amp; 
Commodities" </STRONG></FONT><STRONG>article &#8220;Bollinger Band 
Targets</STRONG></SPAN><STRONG>&#8221;, by </STRONG></FONT><STRONG><FONT 
size=2>Benjamin L. Cotton,</FONT></STRONG></DIV>
<DIV><STRONG><FONT size=2>are created in MetaStock 7.0 or higher with the use of 
</FONT></STRONG><FONT size=2><B>the new</B></FONT></DIV>
<DIV><FONT size=2><B>"&nbsp;MetaStock </B></FONT><FONT size=2><B>External 
Function (MSX) DLL Interface ".</B>&nbsp;&nbsp;&nbsp;</DIV></FONT>
<DIV><FONT size=2></FONT><FONT size=2></FONT><FONT size=2><FONT size=2><A 
href="http://www.equis.com/free/traderstip/index.html";>http://www.equis.com/free/traderstip/index.html</A></FONT></FONT></DIV>
<DIV><FONT size=2></FONT><FONT size=2></FONT><FONT size=2></FONT><FONT 
size=2></FONT><FONT size=2></FONT><BR><FONT size=2>From a quick look at the 
above FREE sample formula file, the&nbsp;indicators seem to use</FONT></DIV>
<DIV><FONT size=2>the BandWidth' components&nbsp;</FONT><FONT size=2>also for 
their calucations, eg via the C-language</FONT></DIV>
<DIV><FONT size=2>DLL-functions: "BogieTop" and </FONT><FONT 
size=2>"BogieBottom".</DIV></FONT>
<DIV><FONT size=2></FONT><FONT size=2><FONT color=#000000 
size=2>&nbsp;</DIV></FONT></FONT>
<DIV><FONT size=2>' Name: BogieTop<BR>' Code: {Simulates for condition needed to 
cross top StDev Band}<BR>' ExtFml("StDevBogie.StDevBogieTop", 15, 2, .01);<BR>' 
ExtFml("StDevBogie.GetPercentChange");<BR>' 
ExtFml("StDevBogie.GetHow")<BR>'<BR>' Name: BogieBottom<BR>' Code: {Simulates 
for condition needed to cross bottom StDev Band}<BR>' 
ExtFml("StDevBogie.StDevBogieBottom", 15, 2, .01);<BR>' 
ExtFml("StDevBogie.GetPercentChange");<BR>' 
ExtFml("StDevBogie.GetHow")</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Regards,<BR>Ton Maas<BR></FONT><A 
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";><FONT 
size=2>ms-irb@xxxxxxxxxxxxxxxx</FONT></A><BR><FONT size=2>Dismiss the ".nospam" 
bit (including the dot) when replying.<BR>Homepage&nbsp; </FONT><A 
href="http://home.planet.nl/~anthmaas";><FONT 
size=2>http://home.planet.nl/~anthmaas</FONT></A></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT 
size=2>=========================================================</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger Bands(Upper) -&nbsp; John 
Bollinger</STRONG><BR>{written by Equis/publ TAM Mag}</FONT></DIV>
<DIV><FONT size=2><BR>Mov( C,20,S)+(2*(Stdev(C,20)))</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger Bands(Middle) -&nbsp; John 
Bollinger</STRONG><BR>{written by Equis/publ TAM Mag}</FONT></DIV>
<DIV><FONT size=2><BR>Mov( C,20,S)</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger Bands(Lower) -&nbsp; John 
Bollinger</STRONG><BR>{written by Equis/publ TAM Mag}</FONT></DIV>
<DIV><FONT size=2><BR>Mov( C,20,S)-(2*(Stdev(C,20)))</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger %B Osc - John Bollinger 
(Histogram)<BR></STRONG>{publ by TAM Mag/rewritten by Ton Maas. Orginal OB/OS 
lines<BR>are placed @ 100 and 0, but for effectivenes 80,20 is used.<BR>Buy/Sell 
each break and Close positions on each entry of<BR>the OB/OS lines, or overlay 
with SMA4 for trigger.}</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT 
size=2>80;20;<BR>((C+2*Std(C,20)-Mov(C,20,S))/(4*Std(C,20)))*100<BR>{a) 
right-click the indicator's properties, select<BR>&nbsp;&nbsp; &nbsp;&nbsp;style 
and then the waving bars to plot as histogram.<BR>&nbsp;b) click each horizontal 
line separately, then the</FONT></DIV>
<DIV><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp; indicator's properties to adjust its 
color.}</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger %B Osc - John Bollinger 
(Histogram)(2)<BR></STRONG>{publ by TAM Mag/rewritten by Ton Maas/altered by 
Steve Karnish.<BR>SK writes: "Recently, the "group" was able to supply me 
with<BR>the formula for making a Histogram out of the "bands". I find<BR>this 
the most useful application of Bollinger's formula. Under<BR>"properties", I 
then drop in +2 and -2 (because I'm not bright<BR>enough to program them in 
permanently).&nbsp; I think this is a much<BR>better view of the bands.&nbsp; As 
the price moves up and down as<BR>a % of the band width:<BR>all the classic 
applications of other "oscillator type" indicators<BR>work well (divergence, 
support/resistance, and overbought/oversold<BR>conditions when the price exceeds 
the Standard Dev. of +/-2)."<BR>TM adds: commands to plot the "missing" OB/OS 
horizontal lines.}</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>2;-2;<BR>((C+2*Std(C,20) - Mov(C,20,S)) / (4*Std(C,20)))*4 - 
2</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger Bandrange in $ - John 
Bollinger</STRONG><BR>{written by Ton Maas}</FONT></DIV>
<DIV><FONT size=2><BR>Mov( C,20,S)+(2*(Stdev(C,20)))-<BR>Mov( 
C,20,S)-(2*(Stdev(C,20)))<BR>&nbsp; <BR><STRONG>Bollinger Bandrange in % - John 
Bollinger</STRONG><BR>{written by Ton Maas}</FONT></DIV>
<DIV><FONT size=2><BR>ROC(( Mov( C,20,S)+(2*(Stdev(C,20)))-<BR>Mov( 
C,20,S)-(2*(Stdev(C,20))), 1, %)</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger BandWidth Range($) - John 
Bollinger</STRONG><BR>{written by Ton 
Maas}<BR>(mov(c,20,s)+(2*(std(C,20))))-(mov(c,20,s)-<BR>(2*(std(c,20))))</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger BandWidth Range($) - John 
Bollinger(2)</STRONG><BR>{written by Jim Greening}</FONT></DIV>
<DIV><FONT size=2><BR>4*(Std(C,20))</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger Bandwidth Ratio - John 
Bollinger</STRONG><BR>{written by Ton Maas}</FONT></DIV>
<DIV><FONT size=2><BR>((Mov( C,20,S)+(2*( Stdev( C,20))))-<BR>( Mov( 
C,20,S)-(2*( Stdev( C,20)))))/Mov( C,20,S)</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger Bandwidth Momentum in $ - John 
Bollinger</STRONG><BR>{written by EquisSupport(George), it is&nbsp;comparing 
the<BR>BandWidth to/with a moving average of that BandWidth}</FONT></DIV>
<DIV><FONT 
size=2><BR>(BBandTop(C,70,E,2)-BBandBot(C,70,E,2))&gt;<BR>Mov(BBandTop(C,70,E,2)-BBandBot(C,70,E,2),25,E)</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2><STRONG>Bollinger Bandwidth Momentum in % - John 
Bollinger</STRONG><BR>{written by EquisSupport(George), it is comparing 
the<BR>BandWidth to the moving averages of that BandWidth}</FONT></DIV>
<DIV><FONT 
size=2><BR>(((BBandTop(C,70,E,2)-BBandBot(C,70,E,2))-<BR>Mov(BBandTop(C,70,E,2)-BBandBot(C,70,E,2),25,E))/<BR>Mov(BBandTop(C,70,E,2)-BBandBot(C,70,E,2),25,E))*100</FONT></DIV></FONT></DIV>
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  <A title=rlam3491@xxxxxxxxxxxxxxx href="mailto:rlam3491@xxxxxxxxxxxxxxx";>Rick 
  Lampkin</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> dinsdag 8 augustus 2000 21:22</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Wheat</DIV>
  <DIV><BR></DIV>
  <DIV><FONT size=2>Steve,</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=2>Can you tell me where I can get the formula for the 
  Bollinger Oscillator?&nbsp; I was wondering if&nbsp;it works for stocks as 
  well as for futures, and if there may&nbsp; be an exploration formula floating 
  around out there somewhere?</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=2>Thank You Much</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=2>Rick</FONT></DIV>
  <BLOCKQUOTE 
  style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
    <A title=kernish@xxxxxxxxxxxx href="mailto:kernish@xxxxxxxxxxxx";>Steve 
    Karnish</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>To:</B> <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="mailto:realtraders@xxxxxxxxxxxxxxx";>RealTraders Discussion Group</A> ; 
    <A title=Michel.Amelinckx@xxxxxxxxxx 
    href="mailto:Michel.Amelinckx@xxxxxxxxxx";>Michel.Amelinckx@xxxxxxxxxx</A> ; 
    <A title=metastock@xxxxxxxxxxxxx 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, August 07, 2000 10:07 
    PM</DIV>
    <DIV style="FONT: 10pt arial"><B>Subject:</B> Wheat</DIV>
    <DIV><BR></DIV>
    <DIV><FONT size=2>I guess it would help to attach the chart.</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT size=2>Steve Karnish<BR>Cedar Creek Trading<BR><A 
    href="http://www.cedarcreektrading.com";>http://www.cedarcreektrading.com</A></FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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  • References:
    • Wheat
      • From: Steve Karnish