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At 07:32 PM 7/28/2007, John Bowles wrote:
>Hi Bob,
>
>Gee it has been a while since I wrote TS4.0 code. Your example brings back memories. Took a while. I still can't remember what the value in your example is used for. I remember it as a standard built in variable I think. I used the end of day version only in 1998. I think I only wrote it in daily bars at that time. I know so much more about trading generally now the difference is amazing. I gather each chart runs its own set of code and the common functions are stored somewhere together. I assume Currentbar = 1 in the 5 minute bars would occur every 5 minutes, in 15 it would occur every 15 minutes.
No. It runs only on the first bar on the chart - bar number 1.
Interesting application. I have never heard that prices "bounce off of Bollinger Bands". Bollinger Bands do tend to "bounce off of price" by the nature of their construction, of course.
If you want values in columns, you might look at RadarScreen. If you had a row for 1-minute bars, a row for 5-minute bars, a row for 10-minute bars, etc. you could apply the Bollinger Band indicator to all rows and see all of the band values for all of your time scales. It you set the indicator to update every tick, the values would continuously move as each tick come in.
You might want to contract with a programmer to do this work for you since it sounds very complex. There are a lot of people who do that kind of work.
Bob Fulks
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