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12/07/2015

BOMAR

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BOMAR

BOMARbandsaresimilartoBollingerBandsinthattheyconsistofacenterlineandtwoouterbands.Thecenterlineisa
21daymovingaveragebydefault.Thedefaultfortheouterbandsisastandarddeviationof1.44andalookbackperiod
of185days.TheideabehindBOMARbandsisthattheycontain85%ofthepriceaboveandbelowthecenterline.

BOMARChartPlugin.

Preferences
ThefigurebelowshowsthepreferencesfortheBOMARchartplugin.HereyoucansettheRangeorlookbackperiod,
theStdDevs(StandardDeviations),theMALengthforthecenterline,andthecolorandthicknessofthethreelines.You
canalsochoosewhetherornottoshowtheBasisorcenterline.

BOMARChartPluginPreferences.

http://www.mbtrading.com/help/navpro/BOMAR.htm

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