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Try this formula and call it "Narrow Bandwidth."
((4*(Std(C,20))/Mov(C,20,S))-
Lowest(4*(Std(C,20))/Mov(C,20,S)))/
(Highest(4*(Std(C,20))/
Mov(C,20,S))-Lowest(4*(Std(C,20))/
Mov(C,20,S))+.001)*100
Claud
tradetofreedom wrote:
Hi!
I have noticed that when Bollinger Bands (I mean the upper and lower
line) get very close together, there will soon be a very sharp move
either up or down.
Are there any explorations that finds those stocks that have the
bands close together? (situation before the BIG move).
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